Chinas index of export container transport rose in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 897.53, up 2.1 percent from a week earlier, according to the exchan

1.China started to build its first hydrographic survey ship that can conduct operations in deep sea far from the coast. 2.Chinese owner Zhejiang Henghui Shipping has entered into a shipbuilding contract with Yangfan Shipbuilding for the con

KVH Industries and Kongsberg Digital announce the successful installation of their first joint maritime IoT system on an active working vessel. The team installed a KVH Watch VSAT antenna for IoT connectivity and the Kognifai Vessel Insight

Chinas shipbuilding giant has delivered the first of four littoral mission ships (LMS) to the Royal Malaysian Navy, marking the high-level military cooperation between China and Malaysia, analysts said on Wednesday. The Wuchang Shipbuilding

Shanghai steel futures reversed course and closed lower on Thursday, as higher inventories of the construction and manufacturing material in China offset an early rally spurred by a monetary policy easing measure by the countrys central ban

The implementation of low sulfur bunker fuel regulations on January 1 could result in changed market structures for clean and dirty tankers in 2020 as a result of compliance choice, as sources contemplate the possible emergence of multi-tie

Crude oil futures closed lower Thursday in daytime trading on the Shanghai International Energy Exchange. The most active crude oil contract for February delivery was down 5.6 yuan ($0.8) to close at 482.5 yuan a barrel. The total trading v

The Baltic Exchanges main sea freight index on Thursday posted its biggest one-day percentage decline in six years, pressured by depressing demand for dry bulk vessel segments. On its first day of trading in the new year, the Baltic index ,

1.On the first day of 2020, CCTV focuses on major projects in the oil and gas industry chain of Zhejiang FTZ, including the Yushan Green Petrochemical Base, the integrated marine service at Xiushan Anchorage, and the Aoshan Petroleum Storag

Australia-listed Global Energy Ventures (GEV) has extended a letter of intent (LOI) with Yantai CIMC Raffles Offshore to build the CNG Optimum 200 ships. The extension is for six months through to 30 June 2020. The LOI is based on a firm or

The board of directors of Dalian Port Company Limited announce that, following the resignation of Mr. XU Song as the chairman of the Board and a non-executive director of the Company on 16 December 2019, Mr. WEI Minghui has been elected by

Shenzhens government is to establish a shipping fund of up to CNY3 billion (US$428 million) to boost the development of various local shipping sectors, including newbuildings, clean energy propulsion, shipping digitisation, shipbroking, ins

The crew of Chinas first domestically made polar icebreaker Xuelong 2, or Snow Dragon 2, have made their wishes for the New Year of 2020 on board the vessel. Xuelong 2 is implementing Chinas 36th Antarctic expedition. We are welcoming the y

Xiangyanghong 10, a national-level ocean research vessel, returned to Zhoushan Port on Dec 29 after completing its 54th research mission. The vessel, which belongs to the Second Institute of Oceanography, was approved for construction by th

On the first day of 2020, CCTV focuses on major projects in the oil and gas industry chain of Zhejiang FTZ, including the Yushan Green Petrochemical Base, the integrated marine service at Xiushan Anchorage, and the Aoshan Petroleum Storage