The technology group Wrtsil has signed a strategic development agreement with Chinese state-owned shipbuilder CSSC Huangpu Wenchong Shipbuilding Company Limited Huangpu Wenchong. The five year agreement is aimed at the joint development of

1.On the afternoon of December 9, 2019, China Merchants Group announced that Hu Jianhua was appointed as the General Manager of China Merchants Group. 2.From 20 February 2020, Frank He and Deborah Yu will be appointed respectively General M

Chinas biggest refiners Sinopec and PetroChina are increasing their capacity to produce 0.5pc sulphur marine fuel that complies with the International Maritime Organization (IMO) 2020 regulations. But a lack of tax incentives may continue t

The newly launched iron ore options will not only help China to have more decision power in the international market but also further enrich the countrys financial market, said experts. Approved by the China Securities Regulatory Commission

Intelligent shipping, which involves the use of informationization and digital technologies, could well be the silver lining for the global shipping industry to stave off an industrial recession and the ideal conduit for China to become a g

BIMCOs Documentary Committee has agreed to carry out a major overhaul of the Dispute Resolution Clause with the aim to shorten and simplify what has become BIMCOs longest standard clause. At the bi-annual Documentary Committee meeting in Co

From 20 February 2020, Frank He and Deborah Yu will be appointed respectively General Manager and Deputy General Manager of our Hong Kong office. Frank and Deborah will oversee a team that has grown to 16 people, reflecting the increase in

The Maritime and Port Authority of Singapore (MPA) has revoked the Bunker Supplier Licence of Inter-Pacific Petroleum Pte Ltd (Inter-Pacific). With effect from 9 December 2019, Inter-Pacific will cease to operate as a bunker supplier in the

On the afternoon of December 9, 2019, China Merchants Group announced that Hu Jianhua was appointed as the General Manager of China Merchants Group. Relevant appointments shall be handled in accordance with the relevant laws and regulations

CIMC ENRIC and DNV GL signed a strategic cooperation agreement to work together on the development of gas carriers and LNG gas tank design and fabrication over the next five years. The agreement covers a wide spectrum of DNV GLs services fr

On 3 December 2019, CMES signed a contract with China State Shipbuilding Corporation (CSSC) in Shanghai with regards to the construction of 4 VLCCs. Both Mr Wang Hong, Executive Vice President of China Merchants Group and Mr Xie Chunlin, Ch

1.CIMC ENRIC and DNV GL signed a strategic cooperation agreement to work together on the development of gas carriers and LNG gas tank design and fabrication over the next five years. 2.Visitors attending Asias largest maritime fair in Shang

French President Emmanuel Macron committed to actively supporting Rodolphe Saads proposition to launch an international coalition to accelerate the energy transition in the transportation and logistics sectors CMA CGM, at the heart of the d

Chinas crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas. The worlds top oil buyer imported 45.74 million tonnes of crude, equivalent to 11.13 million bar

On December 5, Capt. Xu Lirong, Chairman of COSCO SHIPPING, paid a visit to COFCO in Beijing and held talks with its Chairman Mr. Lv Jun and other top management. Heads of COFCO International, COFCO Grains Cereals, COFCO Sugar and COFCO Tra