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

News Bulletins on January 2, 2018 1. XIN DA HAI, a 180,000-dwt energy-saving and environment-friendly bulk carrier No. 4 ship built by Tianjin Xingang Shipbuilding Heavy Industry for COSCO Shipping Bulk was signed and named for delivery. 2.

ICBC Leasing Signed Six VLOCs Contract withBeihai Shipbuilding ICBC Leasing orders six VLOCs atChinas Beihai Shipbuilding Heavy Industry on December 27, 2017. Totally, ICBC Leasing has orders 6+3 VLOCs at Beihai Shipbuilding and those vesse

Sunday marks the final day for George Economou and his nephew Anthony Kandylidis to serve as CEO and CFO respectively at embattled Ocean Rig.

News Bulletins on January 30, 2018 1. On the afternoon of 25th Jan., Mr. Huang Xiaowen, the Executive Vice President of COSCO SHIPPING Headquarters met with Mr. Anchor Chang, the Chairman of Evergreen Marine. The two sides had an in-depth d

News Bulletins on December 29, 2017 1. On December 26, COSCO Shipping Seafarer Management Co., Ltd. was established in Shanghai. The newly established Company is the largest specialized crew management company in the world. 2. Yang Ming Mar

Happy New Year from Xinde Marine News Xinde Marine News is one of the leading marine news providers in China with over 132,000 readers and subscribers. As an independent online media with the mission to provide independent, credible, critic

Yang Ming Sets Up Subsidiary in Thailand Yang Ming Marine Transport Corporation will establish a subsidiary in Thailand - Yang Ming Line (Thailand) Co., Ltd. The new company will provide all services starting 1st January 2018. Mr. Derek Che

Bulk Rates Saw a Recovery in 2017 Bulk rates soared in 2017 and landed at their highest level in three years this December. China has been the driving force, says BIMCO. Bulk rates began to increase from June, and reach the highest level in

News Bulletins on December 28, 2017 1. Beihai Shipbuilding heavy industry of Wuchang Shipbuilding Industry formally signed 6 VLOCs orders with ICBC Leasing and Vale Project. Wuchuan Shipbuilding will construct six 325,000-dwt VLOCs. 2. Chin

News Bulletins on December 27, 2017 1. China Ningbo Zhoushan Ports Annual Cargo Throughput Ranking First in the World. On December 27, at berth No.6 of Ningbo Zhoushan Port Container Terminal, a red container is firmly lifted to Mary Maersk

China Zhoushan Ports Annual Cargo Throughput Ranking First in the World On December 27, at berth No.6 of Ningbo Zhoushan Port Container Terminal, a red container is firmly lifted to Mary Maersk, which marks the Ningbo Zhoushan Port to becom

China SWSs First 21,000-teu Container Ship Launched Successfully On December 25, the 21,000-teu large-scale container ship H1416 launched successfully. It is the worlds largest container ship built by Waigaoqiao Shipbuilding for COSCO Shipp

News Bulletins on December 26, 2017 1. On December 25, the 21,000-teu large-scale container ship H1416 undocked successfully. It is the worlds largest container ship built by Waigaoqiao Shipbuilding and designed by MARIC. 2. Kawasaki Heavy

Chinas coke market runs strongly amid brisk replenishment demand Chinas coke market ran strongly on the back of strong restock of steel mills. Many producers lifted coke price, which has been accepted by downstream steel mills. According to