Mega-mergers, strong alliances and a narrowing competitive gap between global shipbuilding powerhouses mean that when market recovery commences, China is aiming for a greater share. Jane Chen, MacGregors Vice President, Strategy and Head of

1.The administrators of bankrupt Zhejiang Haizhou Shipyard has listed the entire assets of the shipyard for auction as part of the liquidation process. 2.Nanjing Maritime Court has arrested the 2017-built panamax bulker Kelly at Zhenjiang P

On the afternoon of January 2, Mr. Li Fengli, Director of the Board and President of Shandong Port Group led a delegation to COSCO SHIPPING and held talks with Capt. Xu Lirong, Chairman of COSCO SHIPPING. The two sides looked forward to the

Chinese research vessel KEXUE, or Science, returned to its homeport in the eastern city of Qingdao on Sunday after finishing a research mission in the western Pacific Ocean. Supported by the National Natural Science Foundation of China (NSF

This Circular outlines the amendments to the Rules for Ships and the Rules for Mobile Offshore Units of both Assuranceforeningen Gard gjensidig and Gard P. I. (Bermuda) Ltd (collectively the Associations and individually the Association), w

Iron ore futures in China rose in early trade on January 6 as weekly utilisation rate increased, pointing to firm demand for the steelmaking ingredient. Utilisation rate at 247 steel mills across China rose to 78.40% last week from 76.89% a

On January 3, Qingdao MSA investigated and punished a foreign ship that failed to use marine fuel in accordance with the requirements of the air pollution emission control zone. This is the first case in which Qingdao s international sailin

The bidding for investment reshuffle of Fenghai Shipping after its bankruptcy has come to a close, which was once the largest private fluid cargo shipowner in China with a shipping capacity of 28 vessels or 300,000 tons. Many prestigious co

1.On December 27, 2019, the strategic cooperation agreement for the project of 2 million tons / year low-sulfur fuel oil production base of Panjin Pengchili Petrochemical, a subsidiary of Liaoning Haidexin Group, was officially signed. 2.Qi

On December 27, 2019, the strategic cooperation agreement for the project of 2 million tons / year low-sulfur fuel oil production base of Panjin Pengchili Petrochemical, a subsidiary of Liaoning Haidexin Group, was officially signed. Tao Ho

The container throughput in sea-rail transport at Ningbo-Zhoushan Port in East Chinas Zhejiang province increased over 33.3 percent year-on-year in 2019, according to the port. The container throughput exceeded 800,000 twenty-foot equivalen

The Strait of Hormuz, a narrow waterway in the Middle East that marks the most sensitive transportation choke point for global oil supplies, was back in focus Friday after a U.S. airstrike killed a top Iranian military commander and heighte

The China Ningbo Containerized Freight Index (NCFI) reported slight rises in freight indices in the United States routes this week as market shipments continued to grow. NCFI, a wind vane of Chinas busiest ports freight rates for the intern

A floating dry dock with a capacity of over 6,000 tons was officially launched and entered operation in southwest China on Friday, with the facility being the largest of its kind on the upper and middle reaches of the Yangtze River. The 143

Chinas comprehensive import price index for liquefied natural gas (LNG) dropped last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index, not including tax, came in at 3,232 yuan ($464) per ton from Dec 23