Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time

China Overtakes Germany as Biggest Containership Nation

Hapag-Lloyd's ship

Germany remains the world’s fifth-biggest shipping nation.

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105 Sailings from Asia to North America and Europe Blanked

Maersk containership

Carriers canceled 105 sailings from Asia to North America and Europe/Mediterranean.

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Cargo Volumes at Chinese Ports to Drop by 6 Mln TEU

China

Measures aimed at curbing coronavirus outbreak expected to cut cargo volumes at Chinese ports by over 6 million TEU.

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Liners Turn to Surcharges as Reefers Get Diverted in China

containers

Reefer shipments being diverted and relocated amid a shortage of reefer plugs at Chinese ports.

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Coronavirus Outbreak: VLCCs Hit the Hardest

Tanker

The daily cost of hiring a VLCC for 12 months has fallen by over 20% in the last month.

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Sand: When China Sneezes, We All Catch the Flu

Chinese flag

The outbreak of the novel coronavirus has dented market sentiment.

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China’s Oil Demand Drops for 1st Time since 2009

Tanker

Wood Mackenzie has lowered its oil demand forecast for Q1 2020.

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US Lifts Sanctions against Cosco Dalian

Donald Trump

The United States lifted its sanctions against Cosco Shipping Tanker (Dalian) Co.

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Vessels Maintaining Normal Port Calls in Greater China

One Aquila

ONE: Container operations in Greater China continue to operate as usual.

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Coronavirus Sailing Cancellations Start to Hurt RCL's Result

Spectrum of the Seas

Royal Caribbean Cruises has suspended three more sailings on Spectrum of the Seas, homeported in China.

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China's Oil Thirst Drives Brazilian Exports to All-Time High

tanker

Brazilian crude oil exports hit a record high in December 2019 as China continues to turn to Brazil.

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US-China Deal: What Will It Mean for Tanker Shipping?

Tanker

Sand: The deal will deliver both trade creation and trade diversion.

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US, China Reach 'Phase One' Trade Deal

The United States and China have signed a "phase one" economic and trade agreement.

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2 Ships Fail to Comply with IMO 2020 in Chinese Waters

Chinese flag

Two ships in Chinese waters in breach of new sulphur regulations as they were using non-compliant fuel.

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US, China Finalize Deal to Suspend December Tariffs

Trump

The United States and China have sealed the agreement on the 'first phase' of the trade deal.

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China: World's Largest Shipbuilder Established

china

China has officially unveiled China Shipbuilding Corporation, "the world's largest shipbuilding group".

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Fincantieri Splashes Costa Firenze

Costa Firenze, to be delivered end of September 2020, is Costa Cruises' 2nd ship designed for the Chinese market.

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Stena Estrid Wraps Up Sea Trials in China’s Yellow Sea

Stena Estrid

The vessel is now on schedule to start operating on the Dublin to Holyhead route in early 2020.

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Chinese Shipbuilding Majors Win Approval for Merger

Shipbuilding

China has given the green light to a merger of the country's two shipbuilding majors, Reuters reported.

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Trump Reaches Partial Deal with China, Delays Tariffs

Donald Trump

China agreed to more than double its annual purchases of American agricultural products as part of the deal.

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US Sanctions on COSCO Companies Hit US-Listed Teekay

ARC7 LNG carrier

The sanctions are affecting Teekay's Yamal LNG joint venture.

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