China foiled criminals seeking to smuggle nearly 1 million tonnes of refined oil worth 5 billion yuan ($770 million), with officials seizing 11 ships and detaining 171 suspects in a sprawling swoop on Tuesday, customs authorities said. The

Benchmark iron ore futures in China gained as much as 5.2% on Tuesday,clawing back losses as the market tried to narrow the spread between spot and futures prices, while Tangshan lifting a smog alert also fuelled sentiment. The most-traded

China resumed storing crude oil in the first two months of the year with almost 1 million barrels per day (bpd) being added to inventories in January and February, rebuilding stockpiles after a rare drawdown toward the end of last year. Abo

The Baltic Exchanges main sea freight index rose on Tuesday to its highest level since early-October, driven by stronger rates for capesize and panamax vessels. The Baltic dry index, which tracks rates for capesize, panamax and supramax ves

The Getting to Zero Coalitions updated Mapping of Zero Emission Pilots and Demonstration Projects uncovers emerging trends, sees a strong climb in the number of identified projects as well as increased activities in Asia. The uptake of zero

Transport demand needs to be restored, and the composite index continued to fall Ningbo Containerized Freight Index: In the week ending Mar-12, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2035.

At 12:58 on March 14th, Jiangnan Shipyard, a subsidiary of China State ShipbuildingCorporation, completed the system gas test and system inert of the worlds firstLPG dual-fuel VLGC built for Southwest Maritime. Thesea trial was highly evalu

Wilhelmsen and stensj each own 50% of Edda Wind. Anticipating long-term growth for the renewable energy sector, the company has placed an order for two additional Commissioning Service Operation Vessels (CSOV), bringing its fleet up to eigh

Malaysian energy giant Petronas has signed a memorandum of understanding with China National Offshore Oil Corporation (CNOOC) to collaborate on LNG and upstream projects. The collaboration is aimed towards energy security and cleaner energy

Norwegian-based Awind said it has ordered a pair of hybrid-electric commissioning, service and operations vessels (CSOV) from China Merchants Industry in Hong Kong, with options for up to four additional vessels. Awind, a subsidiary of Awil

Denmark joins three of the four largest shipping nations, Greece, Japan and Singapore to back proposal to meet UN call for urgency and ambition. Denmark home to, the worlds largest container shipping company, Maersk. Country seen as one of

C-Job Naval Architects, the global independent ship design and engineering company, announced today it is launching an in-house developed TSHD series.The trailing suction hopper dredger series promises to fill the gap between standard desig

Members who transport chemicals in the Yangtze River Basin should be aware that the Yangtze River Protection law (December 2020) bans the transportation of highly toxic chemicals and other dangerous chemicals by inland river in the Yangtze

The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 1149.27 points on Friday, down 0.44 percent compared with the previous working day. The statistical samples of TBI cover

On March 12, CIMC Raffles, Huadian Heavy Industries and Shanghai Boqiang held the signing ceremony of offshore wind power cooperation agreement in Beijing. Huadian Heavy Industries, CIMC Raffles, Boqiang and other companies have made full u