Yangzijiangs net profit in the second quarter was 774 million yuan, and orders in the first half year increased to more than 500 million US dollars. In the second quarter, the groups total revenue was 4.8 billion yuan and its net profit was

On August 3, Shanghai Waigaoqiao Shipbuilding and Shanghai Marine Diesel Engine Research Institute signed a contract for the procurement of scrubbers for 3 + 4 210000 DWT Newcastle bulk carriers, which is another strong cooperation between

1.Chinas National Development and Reform Commission and Ministry of Transport jointly issued guidelines to speed up Tianjins development to be an international shipping hub. 2.US corn shipments to China in June surpassed the total volume of

Following a turbulent few months for the global economy, leading bunker brokers LQM Petroleum Services are delighted to announce their autumn webinar series. The first session - Offshore Bunkering Post Covid 19 - will run on September 9, 14

US corn shipments to China in June surpassed the total volume of US corn exported to the Asian nation during the entire 2018-19 marketing season (September-August), indicating China continues to show intentions to fulfill its commitments un

There will be stronger than expected growth for the offshore wind industry, which could reach 234 GW by 2030, from a global tally of just over 29 GW at the end of last year, said the latest report from the Global Wind Energy Council. The wo

A liquefied natural gas (LNG) filling station opened for business on Monday in Lhasa, capital of southwest Chinas Tibet Autonomous Region, the first facility in the region to provide LNG refuelling services for vehicles. The station, locate

Iron ore futures closed higher on Thursday in daytime trading at the Dalian Commodity Exchange (DCE). The most active iron ore contract for September delivery gained 25.5 yuan ($3.67) to close at 910 yuan per ton. On Thursday, the total tra

The International Maritime Organisations fourth Greenhouse Gas Study highlights that the shipping industry has continued its trend of decoupling emissions growth from the global growth of seaborne trade. However, the report demonstrates tha

OOCLs announcement said that since August 10, 2020, Wang Haimin resigned as executive director and chief executive, executive committee members and inside information committee and risk committee chairman, Huang Xiaowen will be appointed fo

On July 31, Jining Ganghang and China Shipbuilding Trading Shanghai Branch signed a letter of intent for chartering 800 DWT of LNG dry bulk carrier, construction of 1,000 DWT and 2,000 DWT of LNG bulk carrier, construction of LNG tugs and s

1.China on Wednesday ordered a safety inspection of ports, wharfs, chemical industrial parks, warehouses and other places which store toxic and hazardous items, after an explosion in Beirut. 2.Cosco is shuffling top management at subsidiary

China on Wednesday ordered a safety inspection of ports, wharfs, chemical industrial parks, warehouses and other places which store toxic and hazardous items, after more than 100 people were killed in an explosion in Beirut, the capital of

Coal shipments through the railway network across China totaled 1.12 billion tonnes in the first six months this year, down 6.8% from the same period in 2019, data from the National Development and Reform Commission showed. Junes shipments

The IMO has set new limits on the sulfur content in marine fuels and ambitious mid-term targets to reduce the CO2 and greenhouse gas emissions from global shipping. Owners are now faced with the difficult task of decarbonizing their fleets.