130,000-ton Tanker SANCHI Collided and Fired at East China Sea The Panama flag tanker SANCHI collided with Hongkong flag bulker CFCRYSTALon Beijing time 20:00 Jan 6, 2018 from 160 miles east of China Yangtze Estuary according to Ministry of

Chinese LNG prices have fallen by 33 percent in the past few days, thanks to the governmental regulation and rebalancing of supply and demand, ending the ever soaring price of the clean fuel due to China's winter gas crunch.

Yang Ming to Provide a New Asia Subcontinent Express Service Yang Ming Marine Transport Corporation is glad to announce that they are going to provide a new Asia Subcontinent Express service (Loop Code: AS1) with effect from ETB Qingdao on

News Bulletins on January 5, 2018 1. In 2017, China Guangzhou Port is expected to complete 585 million tons of cargo throughput and 20.3 million TEUs of container throughput. 2. On January 3, three 64,000-ton bulk carriers built by Yangzhou

Around 200 British and Chinese government representatives and business leaders will gather in London on Jan 18 to discuss opportunities related to the China-led Belt and Road Initiative and to talk about other business possibilities.

China’s services sector activity expanded at its fastest pace in over three years in December on solid growth in new business, with the outlook improving to a six-month high, a private sector survey showed on Thursday.

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