DACKS Named and Delivered the 308,000 DWT VLCC On January 4, 2018, Dalian COSCO KHI Ship Engineering（ DACKS）successfully named and delivered a 308,000 DWT VLCC. DE042 ship VLCC with the total length of 333 meters, depth of 30 meters, th

Chinese Freighter Sink in Philippines Waters, 9 Crew Rescued The Central News Agency reported on January 3, a Chinese freighter, JIN MING 16, tilted and sink in the waters of the Philippines due to bad weather. All 9 Chinese crew were rescu

CHONGQING - Fuling, China's largest shale gas field, generated more than 6 billion cubic meters of shale gas in 2017, according to its developer Sinopec.

News Bulletins on January 4, 2018 1. At Beijing time 12:30 Jan 2, two cargo ships CHANGPING and XINWANG138 collided on Shanghai Wusongkou No. 8 anchorage. CHANGPING sank and 13 crew missing. 2. Recently, a 980A unmanned boat jointly develop

Shanghai Shipbuilding Deliver COSCO SHIPPING ALPS 56 Days in Advance China Hudong-Zhonghua Shipbuilding delivered the third container ship COSCO SHIPPING ALPS 56 days in advance on Jan 3. 14,500-teu container ship is a new generation of con

China's National Equities Exchange and Quotations (NEEQ), known as the "new third board," had more than 227 billion yuan (about 35 billion US dollars) in turnover in 2017.

China will continue to cut taxes and step up the reform of the fiscal and taxation system in 2018, according to a national meeting on fiscal work held in Beijing last week.

Greek owner Cape Shipping has signed shipbuilding contracts with CSSC-affiliated Huangpu Wenchong Shipbuilding for the construction of two 2,700 teu containerships and two 600 feu refrigerated containerships.

Two Ships Collide on Shanghai Anchorage, 10 Crew Missing At Beijing time 12:30 Jan 2, two cargo ships CHANGPING and XINWANG138 collided on Shanghai Wusongkou No. 8 anchorage. CHANGPING sank and 13 crew missing. Shanghai Maritime Police imme

The 109,500-ton Manganese Ore Ship Arrives at Chinas Port Loaded with 109,500-ton manganese ore, BIRTE OLDENDORFF berthed at Qingdao Port, which is the first manganese ore ship arrives at port after Ningxia Tianyuan Logistics Groups taking

News Bulletins on January 3, 2018 China Shanghai Port successfully broke the worlds record by its 40 million TEUs container throughput, according to Shanghai international Port last Friday. Marking the Shanghai International Shipping Center

Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia.

Britain’s attempts to sign partners up for post-Brexit trade deals continued on Wednesday when a senior minister arrived in Beijing for talks with Chinese officials and business leaders.

China plans to issue management guidelines to crack down on commercial bribery and tighten rules on product quality and environmental protection for its centrally controlled, State-owned enterprises operating in overseas markets, the country

COSCO Signed MoU with PetroChina to Transport Crude Oil COSCO Shipping Energy Transportation has signed a Memorandum of Understanding (MoU) withPetroChina further to provide crude oil transportation services. As a part of Chinas Belt and Ro