Maritime trade between Arctic destinations and the rest of the world is expected to expand and an increasing number of ships are now undertaking voyages in polar waters. Technical developments in ship design and equipment continue to facili

1.Chinese authorities released a guideline to accelerate the building of world-class ports, outlining major tasks and a timetable for the sectors development. 2.Golar LNG has inked a sale and leaseback deal with CSSC Shipping, the financial

GE Renewable Energy has signed a cooperation agreement with State Power Investment Corp (SPIC) to bring the Haliade-X 12MW offshore wind turbine to China. GE announced in March last year that it will invest more than USD 400 million to deve

The international accredited registrar and classification society DNV GL has presented South Korean shipbuilder Samsung Heavy Industries Co., Ltd. (SHI) with an Approval in Principle (AIP) for the Cyber Secure (Advanced+) notation. Accordin

Coal market participants in Jiangsu, China, have received notice from Jiangsu port agents of an impending halt to imports of coking and thermal coal, sources said Wednesday. Two Chinese thermal coal trading houses said they were notified by

Yang Ming Marine Transport Corporation (Yang Ming) held its 340th Board Meeting on November 13th, 2019 to approve its 2019 Q3 financial report. Consolidated revenues for the third quarter totaled NTD 37.78 billion (USD 1.22 billion). Busine

Pilbara Ports Authority has delivered a total monthly throughput of 56.5 million tonnes (Mt) for the month of October 2019. This throughput was a 2% decrease compared to the same month in 2018. The total throughput for the 2019/20 financial

In order to effectively implement the IMOs global regulations on sulphur cap from 1 January 2020, according to Atmospheric Pollution Prevention and Control Law of the Peoples Republic of China, Regulation on the Prevention and Control of Ve

OceanRail Logistics, part of the Cosco Shipping Group, acquired 60% of the Greek railway company Piraeus Europe Asia Rail Logistics (PEARL) as part of its plan to develop its intermodal transport services network. OceanRail specializes in s

Chinese energy giant China Petroleum Chemical Corporation (Sinopec) is planning to build a fleet of 100 barges over the next three years as part of its mission to become a major regional supplier of the IMO 2020-compliant very low sulphur f

1.Chinese energy giant Sinopec is planning to build a fleet of 100 barges over the next three years as part of its mission to become a major regional supplier of the IMO 2020-compliant VLSFO. 2.China will make a billion-dollar investment in

On the morning of November 12, 2019, the opening ceremony of China Merchants RoRo Transportation Company (Guangzhou) was held in Nansha free trade zone, Guangzhou. Xie Chunlin, chairman of China Merchants Energy Shipping, reviewed the coope

China will make a billion-dollar investment in the Brazilian port of Sao Luis via China Communications Construction Company, two sources with direct knowledge of the matter said on Wednesday. Speaking on condition of anonymity, the sources

Chinas LPG imports rebounded in September to 1.77mn t, up by 6.5pc from the previous month as demand rose on the back of falling import costs. Saudi Arabias state-owned Saudi Aramcos September propane Contract Price (CP) had been set at $35

Homegrown vessels to create job opportunities, establish new supply chain and promote tech innovation in China China has impressed the world with the construction of its high-speed railways and its first self-built large jetliner, and now t