Capesize Results from Rio Tinto and BHP disappointed this week, but there was hope that with China reopening it would lead to more cargo. In the end, that certainly seemed to be the case. There was a complete change in seven days as activit

A project with the worlds first on-land GST membrane full containment liquid natural gas (LNG) storage tank located in Hejian, North Chinas Hebei Province, was officially delivered after 100 days of trial operation, further optimizing local

Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close. Source: Sxcoal The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact

Hong Kong and Oslo-listed dry bulk specialist Jinhui Shipping and Transport has announced a preliminary assessment of the companys unaudited management accounts indicate a net loss of around US$46m to US$47m and around US$6m to US$7m for th

London, England, 27 February 2023. DNV and partners have recently launched a new JIP - EMRED. The JIP aims to establish a monitoring and reporting framework for assessing greenhouse gas (GHG) emissions in the offshore wind installation sect

The newly upgraded GHG Emission Authentic Reporting system (KR GEARs) enables maritime stakeholders to more easily ensure compliance with greenhouse gas (GHG) regulations in a shorter period. Launched by Korean Register (KR) in 2019, KR GEA

BIMCO has started work to draft an industry standard clause for the Russian Oil Cap Scheme. BIMCO has formed a subcommittee to draft a standard clause following the recent decision of the Council of the European Union on 3 December 2022. Th

SINGAPORE February 27, 2023 Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC, announced entrance into an agreement with Sembcorp Marine Repairs Upgrades Pte. Ltd, a wholly owned subsidiary of Sembcorp Mar

Vehicles wait to be loaded on the pure car and truck carriers in the Yantan Port, east Chinas Shandong Province, December 11, 2022. /CFP Chineseshipbuilders won all17newordersfor pure car and truck carriers (PCTC) worldwide in January. This

A delegation led by Huo Gaoyuan, chairman and Party secretary of Shandong Port Group(SPG), paid a visit to Singapore from Feb 16 to 20. The five-day trip comprised exclusive meetings with local officials and enterprise senior managers, as w

In January this year, a total of 17 new orders for pure car and truck carriers (PCTC), with 510,000 deadweight tons (DWT) and 152,000 parking spots all fell onto the laps of Chinese shipping manufacturers, data from UK-based Clarkson Resear

Electric vehicle exports in Shanghai have maintained a strong momentum in the first two months of 2023, with nearly 10,000 EVsshipping out at one port in the past week. In January of this year, two major automobile outbound ports of the cit

Two months on from the initial sanctions on Russian crude, we take a look at the impact that these restrictions have had on the Tanker markets. Additionally, we analyse the impact of the new round of sanctions on refined petroleum products

All about methanol What is methanol? Methanol (methyl alcohol, CH3OH or MeOH) is a biodegradable wood alcohol used to make everything from plastics to paints and pharmaceuticals. Although it is toxic and highly flammable, it dissolves in wa

Clean The majority of the Baltic Exchange CPP freight routes have fallen this week, which was reflected in the BCTI dropping to under the 1000 mark. In the Middle East, LRs have taken a tumble after improving. On the LR2s TC1 peaked at just