Futures prices of steelmaking ingredients in China rose on Monday, with iron ore jumping more than 4% and coke scaling a 12-month high, on strong demand as the worlds top steel producer continues to ramp up output. The most-traded iron ore

The Baltic Exchanges main sea freight index climbed on Monday, as demand for capesize and panamax vessels rose. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and su

On July 31, China State Shipbuilding Corporation announced that the company has successfully raised a total of 3.866.8 billion yuan from 11 investors. So far, the nearly three-year project of CSSCs market-oriented debt to equity swap and ma

Baowu will build the largest renewable resources industrial base in East China with shipbreaking as the core in three years. On July 6, Ou Ye Chain Gold (Jingjiang) was inaugurated in Jingjiang. The registered capital of the project is 195

1.The container throughput of Shanghai port exceeded 3.9 million TEUs in July, hitting a record high, according to Shanghai International Port (Group) Co Ltd (SIPG). 2.China granted export tax rebates or exemptions worth 812.8 billion yuan

Shipping companies in Asia and around the globe are steaming ahead with efforts to minimize their carbon footprint as the urgency to decarbonize intensifies after a fairly smooth transition to the International Maritime Organizations low-su

The container throughput of Shanghai port exceeded 3.9 million TEUs in July, hitting a record high, according to Shanghai International Port (Group) Co Ltd (SIPG). The port saw its container throughput total 149,565 TEUs on Thursday, repres

Chinas comprehensive import price index for liquefied natural gas (LNG) rose last week, according to the Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index, not including tax and processing fee, came in at 2,531 yuan (about

The Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, remained unchanged from Wednesday at 531.28 points on Thursday. The statistical samples of TCI cover 19 international shipping

China granted export tax rebates or exemptions worth 812.8 billion yuan ($116.2 billion) in the first half of the year to relieve the financial pressure on enterprises amid the COVID-19 pandemic. Starting from March 20, the country raised t

Brookes Bell the global technical and scientific consultancy - announced plans to develop a high-end laboratory to deliver comprehensive metallurgy, fuel testing, paint analysis and non-destructive testing facilities. Aimed at delivering a

Matthieu Gasselin, New CEO of Sogemar Group, the Intermodal Arm of Contship Italia Group The board of Sogemar Spa, will appoint Matthieu Gasselin as new Chief Executive Officer of Sogemar Group starting September the 1st 2020. Gasselin, who

CSSCs Jiangnan Shipbuilding recently signed a contract with AW SHIPPIING LIMITIED to build three 86,000 cubic metre VLGC vessels. This type of ship is a LPG dual-fuel main engine independently developed and designed by Jiangnan Shipbuilding

By Mak Yuen Teen Hin Leong Trading Pte Ltd (HLT) and Ocean Tankers Pte Ltd (OTPL) being placed into judicial management raises important issues about the regulatory framework for private companies in Singapore, following a number of other p

On the morning of July 28, 2020, the commencement ceremony was held for the construction project of 14000kW large cruise rescue ship (upgraded version) of Nanhai Rescue Bureau undertaken by China Merchants Heavy Industry (Shenzhen). The shi