1.China is set to release its first-ever quotas to export VLSFO with total volumes of 10 million tonnes for this year, six industry officials with knowledge of the matter said on Tuesday. 2.The challenges faced by seafarers during the COVID

On April 29, China Shipbuilding Trading, Shanghai Waigaoqiao Shipbuilding, Guangzhou shipyard International and Bank of Communications Financial Leasing signed 12 120,000-ton dual fuel tankers construction contracts in Beijing, Shanghai and

On April 24, CSSCs 2020 second-phase corporate bonds were successfully issued on Shanghai Stock Exchange, with a scale of 3 billion yuan, a 3-year term, and a coupon rate of 2.38%. The corporate bond hit a record low in the domestic issuanc

The index developed by Shanghai Shipping Exchange has been there since 2009 and has been recognized by the related industries, and many would hedge the freight risks by buying or selling this particular freight index. Also freight traders w

China is set to release its first-ever quotas to export very low sulphur fuel oil (VLSFO) with total volumes of 10 million tonnes for this year, six industry officials with knowledge of the matter said on Tuesday. The quotas, which followed

Move over FedEx. Now theres a new fruit express shipping line for Southeast Asia. The line was officially launched on Monday at Dalian port in Liaoning province by China COSCO Shipping Corp. The first vessel for the Dalian route, the CSCL S

As the world is in a long battle with the COVID-19 pandemic, the international oil market, being an area that is highly susceptible to geopolitics, emergencies, and fluctuation in the economy, is a key area that has been affected too. Inter

The challenges faced by seafarers during the COVID-19 pandemic and the need to keep on track with IMOs work to combat climate change were two key issues highlighted during a virtual meeting organized by IMO (23 April), to brief permanent re

A total of 71 vessels carrying 11.21 million mt of iron ore arrived at major Chinese ports during April 19-25, SMM estimates. This was down 820,000 mt from the prior week, and down 2.47 million mt from the same period last year. For the sam

As International Labour Day on May 1 approaches, it is more important than ever to remember the critical role played by seafarers in continuing to transport food, medicines and other essential goods during the COVID-19 pandemic, says INTERC

Singapores struggling oil giant, Hin Leong, is expected to get the cash it needs most, and Sinopec may be interested in acquiring its stake in Universal Terminal, a crude oil storage terminal. Universal Terminal is jointly owned by PetroChi

Recently, Guangzhou Shipyard International, a subsidiary of CSSC, has successively achieved 1 ship naming and delivery, 3 ships out of dock, and 2 ships in dock. A total of 6 ships and 6 major nodes have been completed. To turn on the Super

1.Singapores struggling oil giant, Hin Leong, is expected to get the cash it needs most, and Sinopec may be interested in acquiring its stake in Universal Terminal. 2.Chinas marine fuel market has in the recent days got a much-needed boost

With the current international efforts to contain the spread of COVID19, travel restrictions are in place globally. However, ASA has determined that it is not an obstacle to have Yuichi Sonoda picked up his role as ASA newly appointed Sec-G

Inmarsats Fleet Xpress users are now able to benefit from the launch of a free of charge COVID-19 video call with a trained health professional. The service has been developed with Inmarsats Certified Application Provider and crew health ma