South Korea ranked second to China in terms of shipbuilding orders for the second straight month, industry data showed Wednesday. Daewoo Shipbuilding Marine Engineering Co. and others won orders totaling 230,000 compensated gross tons (CGTs

Chinas independent refineries will receive the countrys first US crude oil cargo since December 2019 in mid-May in line with its trade pact to buy an additional $18.5 billion of energy goods from the US on top of 2017 volumes, market source

UK-based PI Club, North, is to offer Hull and Machinery cover for ocean-going vessels following the success of its Sunderland Marine cover for fishing vessels and other small craft. In support of the new product the Club has picked up under

In facing the complex and ever-changing international trading environment and the significantly fluctuating shipping market in 2019, the CMES has responded actively and made precise decisions with good use of the quality, scale and global o

OPEC turned up the taps in April, adding more glut to a reeling oil market, and now needs to greatly throttle back its crude production to comply with a global deal aimed at bolstering prices against the coronavirus crisis. OPECs battle for

Social inventories of steel products in China continued to fall in late April, after reaching a peak in early March, according to a survey by China Iron and Steel Association (CISA). Data published by the industry body on Tuesday showed tha

Dalian iron ore futures ended higher on Wednesday, supported by ramping up of production by steelmakers amid robust construction activity and hopes for further demand as China eased coronavirus restrictions. Beijing had relaxed quarantine r

Comprehensive roadmap developed by a supply chain coalition led by industry and unions in cooperation with UN agencies 12-step plan issued by International Maritime Organization provides a route forward for governments on how to facilitate

CSSC (Hong Kong) Shipping recently issued an announcement saying that from April 29, 2020: 1.Mr. Yang Li will resign as Chairman of the Board of the Company, Executive Director and Chairman of the Nomination Committee due to work changes. 2

1.CDB Leasing orders 8 210,000-ton bulk carriers at 3 shipyards for USD 417.6 million. 2.MPA and NUS Enterprise announced that 12 start-ups from Port Innovation Ecosystem Reimagined @ BLOCK71 (PIER71)s SPC 2019 have been awarded S$50,000. 3

The port and SITC jointly launched the reefer express with the aim to bring back fruits and vegetables. The reefer will link Ho Chi Minh City, Manila, Bintulu. Qingdao Port performed pretty well in Q1 with Covid-19 impacts, it still achieve

CDB Leasing recently placed orders at three state-owned shipyards for eight 210,000-ton bulk carriers, with a total value of approximately US $ 417.6 million. On April 30, CDB Leasing issued an announcement that China Development Bank Finan

The China National Offshore Oil Corporation (CNOOC), the listed unit of the largest producer of offshore crude oil and natural gas in China, reported decreased revenue for the first quarter of 2020. The CNOOC generated 41.58 billion yuan (a

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), today announced that 12 start-ups from Port Innovation Ecosystem Reimagined @ BLOCK71 (PIER71)s Sm

Hong Kongs Marine Department will resume all services, with the exception of surveying outside of Hong Kong, from May 4 after a suspension due to the COVID-19 pandemic, a deppartment spokesperson said Wednesday. Following the coronavirus ou