The Baltic Exchanges main sea freight index declined for the seventh straight session to a more than one-month low on Tuesday, hurt by weaker rates across all vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry

On July 24, Dalian Shipbuilding Industry held a naming ceremony for the 115,000-ton crude oil/product oil tanker No. 43 built for Maersk Tankers. Vice General Manager of DSIC Deng Changlian and relevant department heads attended the ceremon

On July 22, the ships SOYA TIANJIN and WHEAT WEIFANG ordered by Shandong Shipping Corporation and ICBC Leasing for Bunge Group were delivered at Yangzhou COSCO Shipping Heavy Industry Shipyard. ICBC Leasing and Shandong Shipping are pioneer

MoU signed at first webinar in MPAs Maritime Perspectives series to discuss new normal in maritime The Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MoU) with five international partners today, to deve

1.Chinas Hudong-Zhonghua Shipbuilding has completed the third Yamal LNG vessel for a joint venture consisting of compatriot China Cosco Shipping and Japans Mitsui O.S.K. Lines. 2.Liquefied natural gas (LNG) price edged up 0.2% and liquefied

Chinas Hudong-Zhonghua Shipbuilding has completed the third Yamal LNG vessel for a joint venture consisting of compatriot China Cosco Shipping and Japans Mitsui O.S.K. Lines. The 174,000-cbm LNG Phecda wrapped up its gas trials on July 21 f

Liquefied natural gas (LNG) price edged up 0.2% and liquefied petroleum gas (LPG) price rose by 7.6% in mid-July in China, showed the latest data from the National Bureau of Statistics. Chinas LNG price was 2,548.5 yuan/t in mid-July, growi

Chinas crude imports from main suppliers Saudi Arabia, Russia and Brazil all hit fresh highs in June, boosting the countrys total crude imports to a record high and almost touching 13 million b/d in a month for the first time, General Admin

For the second quarter ended 30th June2020, total volumes were 4.6% down from the same period last year. Total revenues increased by 1.1% to US Dollars 1,583.8million. Loadable capacity decreasedby6.4%.The overall load factor was 1.6% highe

China imported a total of 101.7 million mt of iron ore in June, the second highest monthly imports on record, latest China Customs data showed, underpinned by robust demand from the Chinese steel mills and a recovery in supply from major ir

The Baltic Exchanges main sea freight index fell for the sixth straight session to a more than one-month low on Monday, weighed down by weaker demand for all vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry b

The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 746.90 points on Monday, down 2.84 percent compared with the previous working day. The statistical samples of TBI cover e

Recently, there have been media reports about the irresponsible behavior of individual practitioners. A few rotten apples have brought disrepute not only to their peers but also to the industry, which has been working extremely hard to ensu

New Times Shipbuilding is expected to win orders from mining giant BHP for five LNG Newcastlemax bulk carriers valued at $330 million, which will be the first LNG bulk carrier to be built by New Times. Singapore-based Eastern Pacific Shippi

On July 24, the first 12690TEU container ship YM TRIUMPH built by Yangzijiang Shipbuilding for Greek shipowner COSTAMARE was successfully delivered. COSTAMARE has a total of 5 ships of this project series, which will be built in Yangzi Xinf