As the year 2020 comes to an end, Chinas shipbuilding industry finally ushered in good news! Hudong Zhonghua and Jiangnan Shipyard jointly received orders for four 24000TEU ultra-large container ships worth up to US $600 million. Hudong Zho

In November 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 161.13 points, up 10.78% from the previous month and up 13.83% year-on-year; the export tr

China has raised quotas for refined fuel export volumes by 5.4% year-on-year in its first batch of 2021 to seven firms, including a private refiner, according to a state-run energy exchanges blog and one of the recipient companies. The coun

China imported 6.61 million mt of LNG in November, up 31.6% month on month and 1.6% higher year on year on rising domestic demand despite higher prices, according to data released Dec. 26 by the countrys General Administration of Customs. L

On December 25, Hangzhou Port Group, jointly established by Zhejiang Seaport Group and Hangzhou Transportation Investment Group, was unveiled for operation. The heads of relevant departments of the companies of both parties, the leadership

With its profits soaring and the need to meet immediate market demand, Wan Hai Lines plans to buy second-hand container ships for $360m. The soaring freight rates of container ships in Europe and the United States have also led to a sharp r

Chinas crude oil imports from the United States soared 13 fold in November from a year earlier to the third highest on record, customs data showed on Friday, as companies accelerated energy purchases set out under a trade deal with Washingt

The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 804.68 points on Thursday, up 0.92 percent compared with the previous working day. The statistical samples of TBI cover e

Chinese imports of U.S. soybeans in November more than doubled from the previous year, customs data showed on Friday, as cargoes booked following a Phase 1 trade deal between the United States and China arrived in the country. The worlds to

Date: 7 January 2021 (Thursday) Time: 13:30 17:30 Language: Chinese (Putonghua) I. Introduction of the forum Discussion of Hong Kong maritime arbitration and its effect on Chinas international shipping and trade. II. Organizers and Supporti

On December 23, a 1500 TEU container ship FSL COLOMBO built by CSSC Huangpu Wenchong Shipbuilding for the Greek shipowner COSMOSHIP was successfully delivered. Representatives of all parties signed the delivery documents. The FSL COLOMBO wa

On December 22, New Times Shipbuilding held the ship christening and delivery ceremony, general manager Liu Haijin, executive deputy general manager Zhang Yuyong and representatives of South Korean shipowner Pan Ocean Co., Ltd. attended the

Aegean Shipping Management announced Thursday it has exercised an option for a third Aframax tanker from Chinese shipbuilder COSCO Heavy Industry (Yangzhou) Co. Ltd. At the same time, a letter of intent (LOI) for a fourth vessel was signed.

Chinese authorities have stepped up measures to overcome power shortages in several provinces, including raising coal production and resolving transportation bottlenecks, but their impact on LNG imports is likely to be limited, according to

China has suspended imports of timber from Australias New South Wales and Western Australia after local customs offices found pests in cargoes from those states, the General Administration of Customs said. The ban, effective from Wednesday,