DP World signs Limassol port concessions

DP World and its local subsidiary P&O Maritime Cypus have formally signed concession agreements at the Port of Limassol, covering 25-year operation of the port's multipurpose terminal and 15-year provision of associated towage and pilotage services re[MORE]

China’s slowing economic growth remains a key dri

China’s economic growth, which is slowing down, will continue to be a driving factor for the global container trade market, shipping players were heard saying at an industry conference.[MORE]

Cosco Pacific March throughput rebounds 6.4% to 7.

Port operator Cosco Pacific is benefitting from its diversification policy and has managed to turn in a 6.4% rise in throughput to 7.85m teu across all its ports in March from 7.38m teu in the previous corresponding period.[MORE]

Hong Kong March volumes slide again, falling 8% to

The port of Hong Kong continues its downward spiral with a 8% drop in March throughput to 1.52m teu, although the rate of decline has moderated from the 16% plunge in February, the weakest month so far.[MORE]

VLCC rates pick up as April cargoes still ongoing

Tanker ship owners received some positive news over the past week, as the Middle East VLCC market was more active, “on a surprisingly long number of remaining April requirements and a modest progression by charterers into May dates.[MORE]

Freight rates for Capesize dry bulkers remain firm

Freight rates for large capesize dry cargo ships on key Asian routes could stay around current levels next week, supported by stable cargo volumes and firm bunker prices, ship brokers said.[MORE]

Dry bulk shipping recovery will have to wait until

The dry bulk market has been steadily rising from its own “ashes” over the course of the past couple of months.[MORE]

Asia-Europe container freight rates collapse 78% t

Container shipping freight rates on the Asia-Europe trade have plunged by 78% this year up until the week ended 15 April, following two consecutive weeks of decrease, according to the Shanghai Containerised Freight Index (SCFI).[MORE]

Orders surge for Chinese shipyards

Chinese shipbuilders are seeing a surprise surge in new orders despite the sluggish global demand.[MORE]

Two Recent Giant Equipment Projects Loaded， Safe

We, Jiangsu Sunshine Int’l Logistics Co., Ltd, loaded two projects in the late January and the early February, 2016.[MORE]