Under the sincere greetings from Chinese President Xi Jingping, the 2019 China Marine Economy Expo (CMEE) held its opening ceremony in Shenzhen on 15thOctober, 2019. CMEE aims to build a national exhibition of marine economy integrating tec

On the afternoon of 15th October, Dr. Uwe Lauber,CEO of MAN ES visited COSCO SHIPPING headquarters. Mr. Sun Yunfei, EVP and CFO of COSCO SHIPPING met with the delegation and had a very in-depth discussion on shipping technology and other to

China Railway (CR) Shenyang Group ramped up coal transport trains in service in response to surging winter restocking demand from power plants amid an early arrival of cold weather. The group saw daily thermal coal shipment amounted to 206,

The Shanghai Futures Exchange will introduce crude oil options and index futures to meet the growing demand for futures products and tools in China, bourse officials said on Tuesday. The yuan-denominated crude oil futures were unveiled on M

To strengthen collaboration on cyber resilience and response amongst 15 port authorities, the Maritime and Port Authority of Singapore (MPA) tabled a proposal to form and lead a Port Authorities Chief Information Officer (CIO) Cybersecurity

China saw robust growth of major bulk commodity imports in the first nine months of this year, data from the General Administration of Customs (GAC) showed Monday. The countrys imports of crude oil climbed 9.7 percent year-on-year to 369 mi

1.China saw robust growth of major bulk commodity imports in the first nine months of this year, data from the General Administration of Customs (GAC) showed Monday. 2.Chinas Yantai Port Group aims to launch two jointly-owned liquefied natu

Visitors look at the model of the Chinas manned submersible Jiaolong at the 2019 China Marine Economy Expo in Shenzhen, south Chinas Guangdong Province, Oct. 15, 2019. The expo, under the theme of Sharing Blue Economy Opportunities, Buildin

Chinas Yantai Port Group aims to launch two jointly-owned liquefied natural gas (LNG) storage facilities by 2022 and expects government approval for them this month, sources said. Shandong province, where the Yantai port is located, is an i

Caofeidian, one leading port in northern Chinas Tangshan city, has been ramping up its coal throughput capacity, with latest progress embodied in the trial operation of Huadian coal terminal. Since the first discharge of heavy-haul trains o

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, has cancelled numerous Asia-Europe round-trip sailings due to expected low seasonal demand. Said the company advisory: In response to the expected low demand in the market,

Chinas research icebreaker Xuelong, or Snow Dragon, has returned to Shanghai after a recent complete overhaul, ready for the countrys upcoming 36th Antarctic expedition, according to the Ministry of Natural Resources Monday. The vessel will

The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a third consecutive session on Tuesday, due to lower demand for larger capesize and panamax vessels. The Baltic index, which r

The Conference (21-23 October) brings together ministers and high-level officials from more than 100 countries to promote ratification of the Cape Town Agreement, a key international treaty for safety of fishing vessels. Entry into force of

1.Freight rates of VLCCs have surged to a high of $300,000 a day in a market boosted by a quick succession of unrelated incidents, as the different events have reinforced each other to lead to the spike. 2.Sinochem Energy Co Ltd, the energy