China Development Bank Leasing has ordered a total of 6 210,000 DWT Newcastlemax bulk carriers at two domestic shipyards, which will be chartered to German energy giant Rheinland Group (RWE). This order from CDB Leasing was received by Shan

On April 23, Tianjin Port Group and Shandong Port Group officially signed the framework agreement on comprehensive strategic cooperation of world-class ports in Qingdao. The two sides will take this opportunity to give full play to their re

President Moon Jae-in on Thursday pledged to spare no effort to help Koreas shipping industry become one of the worlds leaders. He was speaking at the christening of the Algeciras, the worlds largest container vessel to be used by Korean sh

Over the past decade, the developing world economy has allowed for strong growth in shipping activities, with the demand for transport never having been higher. However, the benefits of this growth have been limited due to the industry jeop

Chinas 36th Antarctic expedition concluded on Thursday as the two research icebreakers involved in the mission returned to their home port in Shanghai. The Xuelong, or Snow Dragon, and Xuelong 2 set sail on October 9 and travelled a total o

China is expected to see its weakened demand for steel forge a strong recovery in the second quarter as the countrys infrastructure investment and production resumption gains more momentum, the China Iron and Steel Association (CISA) said W

Benchmark iron ore futures closed higher on Thursday, aided by higher restocking demand as mills ramped up purchases ahead of the Labour Day holidays next week. The most-traded September contract on the Dalian Commodity Exchange jumped as m

Seafarers are no strangers to confinements. At times seafarers stay on board for their entire contract period with little to no possibility of shore leave. With very few crew members on board, the seafarers run a fully functional township m

China on Wednesday launched its second Type 075 amphibious assault ship, only a little more than half a year after the launch of the first one, leading Chinese military experts to say China has mastered mature technologies, prepared related

On April 22, China State Shipbuilding Corporation held a video conference on the operation and production of marine business in 2020. In the first quarter, China State Shipbuilding Corporation received orders for 25 new ships, with a total

On April 21, Shanghai Waigaoqiao Shipbuilding, a subsidiary of CSSC, and Shanghai Construction Group signed a strategic cooperation agreement. Shanghai Construction Group and Waigaoqiao Shipbuilding, one is a master architect on the land an

1.CSSC and Qatar Petroleum formally signed a Qatar Petroleum-CSSC LNG Ship Construction Project with a total amount of more than 20 billion yuan. 2.Chengxi Shipyard was offered another olive branch by Kumiai Senpaku who placed newbuilding o

Taians 600,000-ton liquefied natural gas (LNG) equipment localization project, the largest domestic LNG project in China, began operating in Daiyue district on April 20. The LNG project, which is being carried out by China National Petroleu

China must be prepared to deal with future shocks The United States is the worlds largest crude oil consumer thanks to its highly developed aviation industry, huge number of private cars and wide range of energy-consuming industries. Yet th

Chengxi Shipyard was offered another olive branch by Kumiai Senpaku who placed newbuilding orders of one Asphalt Tanker plus one 50,000 MR Tanker. As a visionary shipbuilder, Chengxi is committed to providing diversified vessel types for ow