Taiwans CTCI Corporation has won an engineering, procurement, construction and commissioning contract to build a regasification facility as part of Taipowers Taichung power plant. The deal has a price tag of about $19 billion Taiwan dollars

China continues to prove the market commentators wrong on the iron ore front, with the asian heavyweights imports still hitting record levels. In the past three months Chinas iron ore imports have climbed 20 per cent year on year, while yea

Stumbling Indian coal imports coupled with a lack of steel cargoes from China was forcing Supramax tonnage opening in Southeast Asia to accept considerably lower freight returns for trips into the Indian Ocean than for voyages within the Pa

The list of industries that have been hit hard by Covid-19 is long, with shipping being just one of the many casualties. Although in spring tanker rates surged to unprecedented highs amid discharging delays and floating storage demand, toda

Capital Link is hosting its 5th Annual International Shipping Forum China Digitally, on Tuesday, September 15, 2020. The Forum is organized in partnership with Singhai Marine Services and Columbia Shipmanagement, and with the support of the

ReCAAP Information Sharing Centre today released the August 2020 Report on the situation of piracy and armed robbery against ships in Asia . The full report is available here , and the accompanying presentation slides are available here . O

On September 10, Bohai Shipbuilding Heavy Industry and CSSCs 716 Institute signed a contract for the construction of an offshore test platform. The construction price of the offshore platform signed this time is 61.5 million yuan (RMB), and

On September 9, Tianjin Southwest Maritime Limited signed a contract for the construction of two 98,000 cubic meters of VLEC with Jiangnan Shipbuilding. The order marks Southwest Maritimes entry into the VLEC market. The company currently h

The Board is pleased to present the interim report of Jinhui Holdings Company Limited (the Company) and its subsidiaries (the Group) for the six months ended 30 June 2020. INTERIM RESULTS The Groups revenue for the first half of 2020 was HK

Recently, Chinese ports are strengthening epidemic prevention and control measures on vessels having changed crew overseas within 14 days, especially for Pilipino seafarers or vessels that have changed crew members in the Philippines. Backg

The Baltic Exchanges main sea freight index dropped on Thursday for an 11th straight session, pressured by a dip in capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize s

The Oil Companies International Marine Forum (OCIMF), the voluntary association of oil companies, announced it has overhauled its committee structure to focus its resources on identifying and mitigating issues of highest-risk to its members

On September 8, a delegation led by Mr. Li Fengli, Director of the Board and President of Shandong Port Group, visited COSCO SHIPPING and held talks with Chairman of COSCO SHIPPING Capt. Xu Lirong. During the meeting, the two sides indicate

China Minsheng Trust ordered 4+4 kamsarmax bulk carriers in CSSC Chengxi. It is reported that this is the companys first order. The new ship is expected to be delivered in January 2022, and the cost of a single ship will be between 27 milli

The subsidiaries of China State Shipbuilding Corporation received 36.1573 million yuan of government subsidies, including 35.8783 million yuan of revenue-related government subsidies and 279,900 yuan of asset-related government subsidies, m