Not So Turkish Delight Its been simmering for a while, but the spat between Turkey, Greece and Cyprus, seems to be escalating. How has this situation come about? Turkey sent a drill ship to the Mediterranean in May 2019 where it carried out

On September 2, COSCO SHIPPING Specialized Carriers and Wrtsil Group held a signing ceremony of strategic cooperation framework agreement in Guangzhou. Responsible persons and relevant personnel of COSCO SHIPPING Specialized and relevant pe

On September 2, 2020, China Merchants Industry and China Railway Construction Bridge Engineering Bureau Group held a signing ceremony for the construction contract of 2200 DWT crane ship. The 2200 DWT crane ship signed by both parties is de

Iron ore futures in China rose for a sixth straight session on Thursday, posting their longest winning streak since mid-May, as strong domestic demand and heavy port congestion pushed spot prices higher. The Dalian Commodity Exchanges iron

There is a crude oil market narrative that demand is recovering from the shock of the coronavirus pandemic, and therefore producers that previously cut output can now put more supply back into the market. While there is evidence to support

The Baltic Exchanges main sea freight index fell on Thursday, hurt by declining rates for capesize and panamax vessels. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panama

The Board of Directors of China Merchants Port Holdings Company Limited announced the interim results of the Company and its subsidiaries for the period ended 30 June 2020. An online press conference was held on 28 August 2020 in Shenzhen a

On the morning of 3th Sept.2020, Mr. Chua Teng Hoe, Consul General of Singapore in Shanghai, visited COSCO SHIPPING headquarters. Mr. Wang Haimin, Director of the Board of COSCO SHIPPING met with the Consul General. Both sides exchanged vie

More than 200 representatives from Getting to Zero Coalition members convened virtually this week for the Coalitions second biannual working session with the objective of advancing the ambition of having commercially viable zero emission ve

Yangzijiang received $140m new orders in August and $701m new orders this year. New orders are gaining momentum, which expects some of its $1.3 billion order options to turn into orders. Recent US sanctions against CSSCs 722 research unit c

Signing an ambitious and comprehensive MOU, the two companies will exchange expertise and competency to improve existing technology and service areas, along with looking for new opportunities to shape the future of the maritime industry. Th

CIMC has made the latest progress in equity changes. After Vanke, Shenzhen SASAC will become the largest shareholder of CIMC. On August 25, CIMC announced that Shenzhen Capital Holdings intend to transfer part or all of the companys shares

Sep 3 UPDATES: According to Japanese CG, 1 crew, Chief Officer of Filipino nationality, was rescued, SAR continues. He said, that the ship capsized after engine failure she was turned broadside towards all the strength of waves and wind, an

Higher crude prices held back buying interest in Chinas bunker markets. Prices rose across the board but spot trade volumes fell. Very low sulphur fuel oil (VLSFO) spot volumes in Zhoushan were at 2,800t, compared to more than 4,900t on Fri

China has suspended imports of barley from Australias largest grain handler, CBH Group, according to a statement by the Chinese customs late Sept. 1. China said the suspension is due to phytosanitary requirements on weed seeds not being met