News Bulletins on February 8, 2018 1. 0.5% sulphur cap deadline set in stone by IMO. Earlier in January leading shipping and environmental organizations such as the International Chamber of Shipping are lobbying the International Maritime O

With China having overtaken the U.S. to become the world's largest oil importer in 2017, experts forecast a marginal increase in 2018 with a cyclical peak possible in 2020 or shortly thereafter.

China has completed high-temperature, high-pressure well drilling in the South China Sea which can contribute to providing clean energy and drive the development of the country's real economy, experts said.

A semi-submersible accommodation unit, developed by Yantai-based CIMC Raffles Offshore Ltd, was delivered in Yantai, Shandong province on Feb 7.

China's coal imports climbed to the highest level on monthly basis in January since January 2014, customs data showed on February 8, as frigid weather and blizzards across the country boosted demand at utilities and snarled transport network

Hong Kong-listed China Merchants Port is relieving another business unit of parent China Merchants Group of its 50% stake in the Port of Newcastle in Australia.

North Chinas Record Low Temperatures and Icy Sea Ask for Special Caution during Navigation North China is experiencing record low temperatures due to cold climates, especially in recent 2 weeks. Icy sea condition also poses threat to vessel

China Implements Stricter Regulation on Solid Waste Importation from 2018 With the increasing awareness of environmental protection in China, the Chinese government issued more and more strict regulations to prevent and control pollution, i

Shipyards and the Search for the Best Newbuild Values Rising waves of nationalism are being seen in politics around the globe, and the trend is also bleeding over in ship construction. Owners are ordering a larger number of ships from yards

COSCO SHIPPING Technology Information Platform Launched On the afternoon of February 2, 2018, the COSCO SHIPPING Technology Information Platform was officially launched in Shanghai. Mr. Sun Jiakang, Executive Vice President and Deputy Party

Sinopec’s new Tianjin liquefied natural gas (LNG) import terminal in the north of China received its first-ever cargo of the fuel from Australia.

Shipowners/operators hoping for a last minute deferral of the imposition of the 0.5% global sulphur cap on marine fuels in 2020 will be deeply disappointed.

Imports of iron ore in Zhanjiang jumped by 28 percent in 2017 to reach a record high of 42.68 million tons, according to the city's Entry-Exit Inspection and Quarantine Bureau.

Thermal coal shipment from coal handling terminals of Huanghua port in northern China reached 15.66 million tonnes in January, said Cangzhou Maritime Bureau.

Oil prices rose on Wednesday amid a share market recovery and supported by a report that US crude inventories fell last week, although analysts warned that soaring US output and a seasonal demand drop could soon weigh on crude.