On November 2, another 180000 DWT capesize bulk carrier SHANDONG DE GUANG built by Shanghai Waigaoqiao Shipbuilding of CSSC ushered in the glorious moment of named delivery. SHANDONG DE GUANG named and delivered on the same day was the seve

As tensions between Australia and China rise, Beijing is expected to ban imports of Canberra wheat, South China Morning Post (SCMP) reported. The ban will put Australian $560 million (US$394 million) trade between the two countries in doubt

State-owned China Oil and Gas Pipeline Network (PipeChina) has suspended construction work at the second phase of its Beihai liquefied natural gas terminal in southern China after a fire that killed five people. The fire broke out on Monday

Chinese steel mills have received verbal notices from the Ministry of Commerce to stop importing Australian coals starting Nov. 6, several sources close to the matter told SP Global Platts Nov. 3. The ministry held a meeting Nov. 2 to discu

On November2, with support of ICBC Guangzhou Nansha Branch, Guangzhou Shipping ExchangePlatform (GSEP) successfully completed 6 oversea PSVs online bidding withactive bidders from Africa, America and Asia(Middle East). This commonachievemen

The BIMCO Liquid Cargo Database contains a new section, IBC Code 2021, with cargo entries, following an update as per the amendments to the IBC Code and MARPOL Annex II entering into force on 1 January 2021. The current carriage requirement

The Isle of Man Ship Registry has become the first flag state to join the Getting to Zero Coalition, an industry-led alliance working towards decarbonising the international maritime shipping sector. Established in 2019, the Coalition is a

MPA drives adoption of technology and decarbonisation for shipping amidst COVID-19 The Singapore Registry of Ships (SRS) crossed the 96 million gross tonnage milestone in 2020 and maintained its position among the top five ship registries i

On November 2, Jiangnan Shipbuilding, a subsidiary of CSSC, signed a contract for the construction of 3+3 93,000 cubic meters VLGCs with Singapores Petredec Holdings (Eastern). The first ship will be delivered in early 2023. The 93,000 cubi

Tankers for Trump Headline: Trumps support of US crude production, his sanctioning of Iran and temporary blacklisting of certain fleets of large Tankers has been beneficial for the Tanker markets (in the short term at least). US Crude Expor

On November 2, 2020, Shanghai Shipping Exchange officially launched Shanghai (Export) Containerized Freight Index based on Settled Rates (SCFIS). SCFIS represents the change in the settlement freight rate of Shanghai export container shippi

Two new 98,000 cbm Very Large Ethane Carriers (VLECs) ordered by Tianjin Southwest Maritime (TSM) are to be built to ABS Class by Jiangnan Shipyard. The VLECs will be chartered to Zhejiang Satellite Petrochemical (STL). The ethane-fueled VL

The fourth and final conventional Yamal LNG carrier for the MOL-COSCO JV was delivered by the Chinese Hudong-Zhonghua Shipbuilding. A company official confirmed the delivery of LNG Megrez took place on October 31, noting that all the vessel

China, the worlds top crude oil importer, will raise its non-state crude oil import quota for 2021 by 20% on-year to 243 million tonnes, the countrys commerce ministry said on Monday. The country has been a critical market for oil producers

This is the second part of a two-part series looking at how COVID-19 has triggered contrasting fortunes in the global iron ore market. Part 1: Price bands narrow in year of contrasts The coronavirus pandemic has triggered a sharp contractio