Chinas index of export container transport edged up in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 864.72, up 1.3 percent from a week earlier, according to the ex

Chinas Tianjin Port saw cargo throughput rise 1.7 percent year-on-year to 208 million tons in the first half of this year, according to the Tianjin Port (Group) Co Ltd. The container throughput of the northern Chinese port surpassed 8.57 mi

Namibias new container terminal situated in the coastal town of Walvis Bay has placed the country in a more competitive position as it can now accommodate larger vessels, making it a preferred destination by many countries. Built by the Chi

Shanghai ranks as one of the top three international shipping centres with world-top container throughput, optimizing collecting and distribution system as well as improving business environment, Xinhua-Baltic International Shipping Centre

Petrobras is bidding to build Brazils largest floating production storage and offloading vessel (FPSO), which could cost up to $3bn. Two of the worlds largest FPSO operators, MODEC of Japan and SBM Offshore of the Netherlands, will be biddi

On July 8, the assets of Zhejiang Shipbuilding were auctioned and sold for 409 million yuan. According to the auction website, the auction attracted 12,501 viewings, with two bidders bidding 50 times more than the initial bid of 360 million

1.Chinas Hudong-Zhonghua Shipbuilding is to deliver another LNG carrier that will serve the Novatek-operated Yamal project in the Arctic. 2.Zhejiang Satellite Petrochemical is currently in talks with South Korean yards for the construction

Owing to the changing epidemic situation in Hong Kong in the past few days, the HKSAR government has imposed a new condition to safeguard public health, while allowing both cargo ships and passenger ships to continue to perform crew changes

Chinas Hudong-Zhonghua Shipbuilding is to deliver another LNG carrier that will serve the Novatek-operated Yamal project in the Arctic. Hudong said in a statement the 174,000-cbm LNG Phecda left the Shanghai yard for gas trials on July 3. T

Tangshan port has become Chinas largest iron ore import port, steel export port and important oil and gas import base and storage center within ten years. According to Tangshan municipal government in a press conference, Tangshan port handl

China has issued more non-state crude oil import quotas to refiners, for a total of 26.84 million tonnes (195.93 million barrels) in its third batch for 2020, three sources familiar with the matter told Reuters on Thursday. A total of 17 co

Singapores residual fuel oil inventories jumped 6% in the week to July 8 to a more than three-year high, official data showed on Thursday, as limited bunker demand and steady imports pushed supplies higher. This came as Singapore became for

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 2,489 yuan ($355)

The interim judicial managers of Ocean Tankers Pte Ltd - a troubled unit of the crumbling Hin Leong empire and one of the worlds largest operators of oil tankers - have raised doubts over the firms exposure to nearly US$1 billion of potenti

On July 7, CSSC Marine Power and Yangzijiang Shipbuilding Group signed a contract for the construction of 2+8 WinGD9X92DF main engines. The series of main engines signed this time will be used for the 14000TEU dual-fuel powered container sh