China will extend some preferential tax policies and continue to implement zero tariffs on coal imports until the end of this year, state media CCTV reported on Friday, citing a cabinet meeting chaired by Premier Li Qiang on the same day. C

Australian mining industry representatives are putting more emphasis on the Chinese market, the major world economic driver, as they attend the China Development Forum 2023 in Beijing from Saturday to Monday and meet industry partners. On t

Onboard CO2 Capture Carbon capture and storage (CCS) is not a novel concept. Many of the early facilities were developed to be a direct source capturefrom power generation or gas processing plants with CO2 storage sites nearby (with first o

A tanker with Wind-Assisted Ready and HVSC-Ready ABS notations, one of six LNG fuel ready sister ships with eco-friendly design delivered to Capital in 2023. Piraeus, Greece, March 24, 2023.Capital Ship Management Corp. (Capital) took succe

24 March 2023 Every year, 241 million containers are transported across the seas with over 7 trillion dollars worth of food, clothes, electronics and other goods we all need. While crucial for the smooth functioning of the global supply cha

Simpson Spence Young (SSY), the worlds largest independent shipbroker, has today announced that maritime expert Justin Wang will join the global SSY LNG team as a ship broker, effective from April 2023. Based in Beijing, Wang will be the fi

On March 24, Hudong-Zhonghua Shipbuilding, a subsidiary of CSSC, and China Shipbuilding Trading delivered the third 174,000 m3 large-scale LNG carrier KUN LUN for COSCO SHIPPINGPetroChina Internationals LNG transportation project. This is t

The drafting team tasked with the revision of BIMCOs suite of ship management and related third-party management agreements met in London last week to continue discussions on the revision of SHIPMAN, the widely used standard ship management

Inactive tonnage ticked down in mid March to settle at 6% of the total cellular fleet, according to Alphaliner latest report. This is due to a decrease in both commercially idle ships and vessel capacity in drydock. There were 300 ships cou

More renewable and low-carbon fuels willreduce the carbon footprintof themaritime sectorin the EU following todays provisional political agreement between the Council and the European Parliament. Today we managed to agree another part of th

On13Mar2023,MinistryofAgricultureandRuralAffairsofChina(MOA)announced therevisedannualfishingbanperiodswhichwillcomeintoeffectasof15Apr2023. The fishing ban applies to all kinds of fishing vessels, including fishingauxiliary vessels. To be

Chinas rail-sea intermodal trains have made 25,000 trips along the New International Land-Sea Trade Corridor. A cargo train carrying 74 containers of imported goods departed from the Qinzhou port station in south Chinas Guangxi Zhuang auton

The Baltic Exchanges main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday buoyed by a rebound in rates of the larger capesize vessel segment. The overall index, which factors in rates for capesize

COSCO SHIPPING has been actively answering the call for green low-carbon development and following the new development trend of green, low-carbon and intelligent container shipping by making continuous efforts to build a world-class integra

The Hong Kong Economic Trade Office, supported by the Marine Department, held a reception at IMO on 15 March to promote Hong Kong as an international maritime centre. Addressing to the audience, the Director-General of the London ETO, Gilfo