Thomas Soderberg, founder of Hong Kong-based Tribini Capital, the shipowning and investment platform, is off to the US on 1 September to join Global Energy Ventures a developer of integrated marine compressed natural gas projects. Mr Soderb

1.Port of Qingdao has inked a cooperation agreement with the state-owned oil company Zhenhua Oil to jointly develop oil storage facility. 2.Shanghai Terminal has proposed to enter into a consortium agreement with Cosco Shipping Tianjin and

With its geographical advantages, the eastern coastal province of Zhejiang is leading the countrys efforts to develop a prosperous national maritime economy.The province boasts a coastline of 6,696 kilometers and more than 2,000 islands in

On the afternoon of 26thAugust, a delegation headed by Dr. Peter Tschentscher, First Mayor of Hamburg visited COSCO SHIPPING headquarters. Mr. Zhang Wei, Executive Vice President of COSCO SHIPPING met with the delegation and discussed about

Shanghai Terminal (a wholly-owned subsidiary of the Company) proposed to enter into the Consortium Agreement with COSCO SHIPPING Tianjin and one or more Other Investors, pursuant to which the Consortium would seek to acquire a maximum of 5,

The new vessel Sansha II completed its maiden voyage from the city of Wenchang, Hainan Province, to Chinas southernmost island city of Sansha where it will serve. Sansha II, 128m long and 20.4m wide, can cover all waters in the South China

HONG Kongs Orient Overseas (International) Ltd (OOIL), now a Cosco unit, and parent of Orient Overseas Container Line (OOCL), has announced a profit attributable to equity holders of US$139 million for the six-month period ended June 30, 20

A Chinese rail company has started selling low-emissions freight containers that keep cold without the need for fuel-generated refrigeration. Hebei-based transport business CRRC Shijiazhuang sold 49 of the containers to a manufacturer in Ch

The Ports of Xiamen in eastern Fujian province and Busan in South Korea established friendly relations, according to a signing ceremony held in Xiamen on Aug 20. Xiamen Port is one of the four major international shipping centers in China,

This week our CLEANBU MV Baru successfully made the first switch from wet to dry cargo, the first cargo switch for our new CLEANBU fleet. The vessel transported a full cargo of petroleum products (CPP) from India to Argentina. After dischar

Chinas crude oil futures settled lower on Monday. The most active contract for October 2019 delivery dropped 0.80 percent to 422.1 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first yuan-d

1.Chinas new self-developed oceanic research vessel has set sail to the South China Sea to conduct its first comprehensive sea trial. 2.Chinas cargo throughput at ports climbed 7.7 percent year on year to 7.9 billion tonnes in the first sev

Chinas cargo throughput at ports climbed 7.7 percent year on year to 7.9 billion tonnes in the first seven months, official data showed.At the beginning of the year, the Ministry of Transport expanded the statistical range from major ports

The issue Air emissions from ocean-going shipping have negative effects on human health and the natural environment. We support regulation which will significantly reduce these effects, as evidenced by a 2018 survey showing that areas in Eu

Chinas Dongfang Electric Corp. (DEC) has unveiled what it claims will be the countrys first 10MW offshore wind turbine after successfully developing a direct-drive permanent-magnet generator (PMG) for the super-sized machine.The company rep