1.COSCO SHIPPING Energy Transportation approved to implement dual-fuel powered technology for one of the companys VLCCs under construction contracted by Dalian Shipbuilding Industry. 2.Chinas Ministry of Transport has announced that it has

The port of Qinzhou, a major link between southern China and Southeast Asia, saw its cargo throughput rise 17.9 percent year-on-year in the first 11 months of the year thanks to increased traffic on a new land-sea trade route. The port hand

Chinese imports of Saudi Arabian oil have soared in the first 11 months of this year, pushed up by several massive joint refinery projects. The latest figures have solidified the Middle Eastern countrys position as Chinas top oil supplier,

Mr Xie Chunlin, Chairman of CMES, visited Dalian Maritime University and had a talk with Mr Zheng Shaonan, Party Secretary, Mr Sun Yuqing, President, and Mr Zhao Youtao, Vice President of the University. Mr Xie gave a brief introduction on

Container trade volume through the Port of Guangzhou increased 10.7 per cent year on year in the first 11 months of 2019 to 21.18 million TEU, according to the port authority. This years total container throughput is expected to exceed 23 m

Asian spot prices for liquefied natural gas (LNG) slipped last week amid thin trading due to Christmas holidays. The average LNG price for February delivery into northeast Asia LNG-AS was estimated at around $5.10 per million British therma

1.MOL recently signed the first green loan, which will be used to provide part of the funds for the worlds largest 18,600 cubic meter LNG bunkering vessel built in Hudong Zhonghua. 2.PetroChina recently chartered an Aframax oil tanker tempo

After peaking in September, the fundamentals of the market have begun to drag on freight rates although the rates remain above the average experienced so far this year, buoyed by a handful of positive developments during Q3. Capesize ships

A set of important amendments to the International Convention for the Safety of Life at Sea (SOLAS) and various codes mandatory under the Convention enter into force on 1 January 2020, said International Maritime Organization (IMO). Amendme

1.Chinese and South Korean shipping companies will compete for Russian icebreaking LNG ship orders worth up to $3bn. 2.An offshore wind power industrial park project broke ground at Haiyang Nuclear Power Equipment Manufacturing Park in Haiy

Russian energy giant Novatek has requested Putin to consider giving 10 of a series of 15 ice-breaking LNG ships to overseas shipbuilders for construction because of concerns about their own building capacity. The orders, worth up to $3bn, a

The container throughput between Taicang port and Shanghais Yangshan port is expected to exceed 50,000 TEUs (20-foot equivalent units), local media reported on Dec 22. Statistics from the administrative committee of Taicang port shows that,

Shipping industry confidence is on something of a high as we enter 2020, according to shipping advisor and accountant BDO. Richard Greiner, partner, Shipping Transport at BDO, says, It is not far short of six years since confidence in the i

Chinas icebreaker Xuelong 2 conducted investigations in the Cosmonaut Sea of the Southern Ocean on Tuesday, the same day when Chinas other icebreaker Xuelong also sailed for the Amundson Sea for research, meaning that for the first time eve

Construction on a liquefied natural gas (LNG) cryogenic equipment industrial center started on Dec 18 in Zhangjiagang, East Chinas Jiangsu province. The project received $239 million in investment from Zhangjiagang CIMC Sanctum Cryogenic Eq