Brazilian miner Vale SA has teamed up with Chinas Zhoushan Port Company Ltd to build and operate Project West III in the port of Shulanghu, according a securities filing on Friday, a strategic logistics alliance to serve the worlds largest

State-owned utilities and steel mills in China received verbal notice from Chinas customs to stop importing Australian thermal and coking coal with immediate effect, several sources close to the matter told SP Global Platts Oct. 9. State-ow

In the week ending Oct-9, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) Ningbo-Containerized-Freight-Index-Weekly-Commentary-2020-10.3-10.9 Below find the NCFI Weekly Index Data chart: Ningbo-Containeri

VLCC Another week of mostly static rates. There were no changes in rates or sentiment in the Middle East with 280,000mt to USG via the Cape/Cape routing remaining assessed at a shade above WS17 and 270,000mt to China hovering around WS26.5.

Norways Offshore Heavy Transport (OHT) formally clinched orders for China Merchants Heavy Industrys first new-generation wind power installation ship. On October 3, OHT, through its wholly-owned subsidiary VINDOffshore Installation 1, signe

On October 1, 2020, ZL Offshore, CCCC Third Harbor Engineering Xiamen Branch and Guangzhou Shipyard International, held a signing ceremony in Guangzhou. The ceremony was carried out in two stages. At first, the three enterprises signed a st

The Maritime and Port Authority of Singapore (MPA), the Singapore Maritime Officers Union (SMOU) and the Singapore Organisation of Seamen (SOS) have extended financial support for Singaporean seafarers under the Seafarers Relief Package (SR

The Baltic Exchange is expanding its escrow service with an offering to mitigate counter party risk during the chartering process. Amongst various uses, the service can support a chartering deal by facilitating and holding a security sum in

Global, sector-focused law firm HFW successfully acted for the owners of a vessel involved in a high-value collision case that saw evidence provided remotely from on board a vessel at sea in a historic first for the UK Admiralty Court. HFW

Throughout the pandemic China has been a key focal point. Whilst it was the first country to go into full lockdown, and the first to see a significant collapse in oil demand, it has also been the country that so far, appears to have rebound

This is BIMCOs 2nd news piece reporting on new developments affecting the IMSBC Code. Today, we focus on bauxite cargoes and the new criteria distinguishing a bauxite cargo that may liquefy (Group A) from one that will not (Group C). The wo

In response to saving some 400,000 stranded seafarers who needed to be relieved and this number rises with every week that passes, a joint industry submission, coordinated by ASA (co-sponsored by 16 other international associations) was sen

Yesterday, Evergreen Marine officially announced that Zhang Yanyi served as chairman of Evergreen Marine, and former chairman of Evergreen Marine Zhang Zhengyong took over as chairman of Taipei Port Container Terminals. Zhang Yanyi, 64 year

Norways OIM Wind has signed an EPC contract with CIMC Raffles to build 1+1 wind power installation ship. According to OIM Wind, the ship will be the largest of its kind in the industry and will be able to transport and install four complete

The clubs correspondent in China of substantial delays to vessels carrying imported coal to China, in particular coal loaded in Australia. The main delays are occuring at the ports of Jingtang, Caofeidian, Huanghua and Bayuquan. The delays