On September 21, Hong Kong-listed terminal operator Cosco Shipping Ports Limited (CSPL) issued an announcement stating that Guolong, a wholly-owned subsidiary of the company, and Hamburger Hafen und Logistik (HHLA) have completed the acquisition of a 35% stake HHLA Container Terminal Tollerort (CTT)...
In August, the throughput of Shanghai Port hit a new monthly record high and posted a container volume of 4.318 million TEU.The new record surpassed the previous monthly container volume record of 4.2 million TEU in October 2020.In August, new port equipment was commissioned at the fourth phase of t...
On September 22, Sinopec, COSCO SHIPPING, and China Eastern Airlines jointly held China's first ship carbon-neutral crude oil cargo certification ceremony in Shanghai.The Shanghai Environment and Energy Exchange issued China's first carbon and oil certification to three companies. T...
According to Clarkson's research, newbuilding orders for container ships reached 5.6 million TEU at the end of the third quarter, a new order record. Since the fourth quarter of 2020, this boom has emerged. Recently, there have been concerns in the market that these new ships will cause over...
Da Chan Bay Terminal ushered in the new South American route ASE operated by Zim Shipping Services Co., Ltd. (ZIM), which provides a direct connection between South China and South America.With the new monthly service, exporters from Shenzhen and the Pearl River Delta can reach Santos in 32 days, It...
On the morning of September 28, the launch ceremony of the China-Europe Express was held at Minhang Station of Shanghai Railway. Loaded with 50 containers of cargo goods such as an apparel, glassware, auto parts, precision instruments and other things, the first Shanghai Express leaves China via the...
Sodium Hydrosulfide is a mining and flotation chemical compound, made up of the elements sodium, hydrogen and sulfur. In its solid form it usually appears in the yellow flakes. In the solution form it looks as a colorless to light yellow liquid. Sodium Hydrosulfide has chemical formula NaHS is also ...
Launched in July, the new Seafarer Workforce Report from BIMCO and the International Chamber of Shipping cautions that the industry must considerably boost training and recruitment levels to avoid an acute shortage in the total supply of officers by 2026. Due to the growing demand for STCW certified...
Following the sharp rise in the price of copper earlier this year, a race amongst miners to supply the metal crutial to the green energy transition is fierce.World copper supply is dominated by mining giants. The top 10 biggest companies make up for more than half of the world's output.In an...