1.IMDA, M1 Limited and the Maritime and MPA have partnered with Airbus and to conduct coastal 5G standalone (SA) network trials at the Singapore Maritime Drone Estate. 2.Wah Kwong takes another stride in its business strategy to serve as a

For smaller vessels like handymax bulkers or product tankers, the cost of installing a scrubber for SOx compliance has sometimes outweighed the benefits. Now Alfa Laval PureSOx Express makes it simple for these vessels to continue using HFO

The Legislative Council passed the government bill to amend the Inland Revenue Ordinance (IRO) to introduce a new tax regime to promote ship leasing (tax rate: 0%) and ship leasing management (tax rate: 8.25%, i.e. half of corporate profits

The latest International Energy Agency (IEA) report on the global natural gas market makes sombre reading, especially for current and would-be producers of the super-chilled version of the fuel. No doubt much of the commentary on the report

The importance of collaboration between all maritime sectors has been thrown into the spotlight during the COVID-19 pandemic and will be needed more than ever in the recovery phase, IMO Secretary-General Kitack Lim told a webinar on ship-sh

Brazilian miner Vale shipped a larger proportion of its iron ore products to China at the expense of Europe and other Asian customers in April, according to trade data. This comes as Vales volumes recovered compared with earlier in the year

The Central Committee of the Communist Party of China and the State Council, Chinas Cabinet, recently released a master plan for the Hainan Free Trade Port. Eleven key industrial parks were unveiled on June 3, marking the start of construct

Oil prices dropped considerably on Thursday as investors grew concerned over a re-acceleration in virus infections, which would dampen the outlook for crude demand. The West Texas Intermediate (WTI) for July delivery shed 3.26 U.S. dollars

China has stepped up customs checks for coal imports, leading to lengthy processing delays at ports, four sources familiar with the matter said, as the country seeks to bolster the domestic coal industry. China is curbing coal arrivals thro

The Infocomm Media Development Authority (IMDA), M1 Limited (M1) and the Maritime and Port Authority of Singapore (MPA) have partnered with Airbus and to conduct coastal 5G standalone (SA) network trials at the Singapore Maritime Drone Esta

After 18 months of intensive construction, Waigaoqiao Shipyard completed the pre acceptance (June 10) and transferred to the new stage of delivery and use. This means that this extended version of the dock will be the first longest in Asia,

Japanese shipowner Masumoto Shipping has signed a shipbuilding contract with Nantong COSCO KHI Ship Engineering (NACKS) for two 82,000 dwt Kamsarmax bulk carriers. The shipbuilding contract, which includes 1+1 new ship, is scheduled for del

1.Chinese oil companies may soon decline to charter any tanker that has visited Venezuela in the past year to avoid disruption to operations. 2.Chinas Hudong-Zhonghua Shipbuilding is wrapping up the construction of a liquefied natural gas c

Chinese oil companies may soon decline to charter any tanker that has visited Venezuela in the past year to avoid disruption to operations if the United States blacklists more ships for trading with Caracas, four shipping sources told Reute

Chinas Shanghai International Energy Exchange (INE) published rules for the low-sulphur fuel oil (LSFO) futures on Wednesday, according to the exchanges website. The new futures contract, which will be launched on June 22, will be traded at