The technology group Wrtsil has assigned Shanghai Wenli Engine Engineering (Wenli) as its distributor in China for the sales, distribution, installation, and after-sales service of the companys range of Midsize waterjets. The contract was s

Runji 1, the first bunker oil supply ship tailor made for China (Zhejiang) Free Trade Pilot Zone, went on a trial run around Daishan Island on June 4. The ship, designed by the Zhejiang Xinhai Ship Design and Research Institute and built by

International shipping businesses remain optimistic about the industrys future development in China despite facing some temporary difficulties due to the impact of the COVID-19 pandemic. Experts noted that shipping centers in the future sho

On June 8, 2020, the No. 2 dual-fuel ro-ro ship built by CIMC Raffles for the Swedish shipping giant WALLENIUS SOL AB started construction on schedule. The ship is the second dual-fuel ro-ro ship in the dual-fuel ro-ro ship 2+2 series proje

Recently,Nansha Container Terminal of Guangzhou Port achieved a new high in container throughput in May, with a total throughput of 510,500 teu, a new high in a single month this year. By the end of May, Nansha Container Terminal has 42 lin

1.The United States warned on Monday that it would punish any country that deals with Irans top shipping company. 2.Oil prices sank on Monday despite major crude producers agreement to extend their current output cuts. 3.On World Oceans Day

The international shipping industry has warned of a threat to global trade from a mounting crisis on board merchant vessels, with up to 400,000 crew stranded either at sea or at home by travel restrictions because of the Covid-19 pandemic.

Following several discussions with the government, the Chief Secretary has exercised his powers to approve the exemption of crew members of goods vessels, including those without cargo operations, from compulsory quarantine under Cap. 599E

Representatives of the territorys seafarers unions will stage a demonstration outside government offices tomorrow in support of the worlds seafarers. As the plight of seafarers unable to off-board their vessels grows everyday more critical,

Chinese iron ore futures surged on Monday, marking the biggest intraday percentage gain since July 2019, as supply concerns deepened after the countrys second-biggest iron ore supplier Brazil shut down a Vale complex due to coronavirus conc

Chinas soybean imports in May surged 27.4% from the previous year, as a large volume of shipments from top supplier Brazil arrived after weather improved in the South American country, customs data showed. China, the worlds top soybean impo

On World Oceans Day, Kitack Lim, Secretary-General, International Maritime Organization (IMO) invites a celebration of the majesty, beauty and sheer wonder of our oceans and the ships that ply their trade on them. June 8th is World Oceans D

Oil prices sank on Monday despite major crude producers agreement to extend their current output cuts. The West Texas Intermediate (WTI) for July delivery fell 1.36 U.S. dollars to settle at 38.19 dollars a barrel on the New York Mercantile

The novel coronavirus pandemic has caused large-scale disruptions in international trade and undermined the entire world economy. And although Chinas foreign trade is likely to recover after the pandemic is contained and the global economic

China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, stood at 535.69 points on Monday, down 1.96 percent compared with the previous working day. The statistical samples of TCI c