The Natural Gas Public Company of Cyprus (DEFA) announced that a Chinese-led consortium has been chosen as the preferred bidder for the construction of a EUR 250 million liquified natural gas (LNG) import terminal and related infrastructure

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday fell a further 2.3 per cent to US$793 per TEU, while the Shanghai-Mediterranean rates dipped 4.7 per cent to $969 per TEU, according to the Shanghai C

Chinas new self-developed oceanic research vessel has set sail to the South China Sea to conduct its first comprehensive sea trial, according to the Science and Technology Daily Monday.The vessel named Dayang (Ocean) is designed by the Chin

JAKARTA, Aug. 25 (Xinhua) -- A cargo ship with 25 people on board and carrying nickel ores lost contact after it sent a distress signal in waters off eastern Indonesia on Sunday, and the search operation will resume on Monday, officials sai

While the average overall rating of terminals remained the same as last year, there was a significant increase in the number of reports received. The increase in companies, and ships, involved in the Scheme means the report covers a wider r

1.Ningbo-based iron ore trader Henghou Group is looking to clear out its shipping fleet, having put its two VLOCs up for sale. 2.The administrators of bankrupt Zhejiang Ouhua Shipbuilding has managed to sell the entire assets of the shipyar

On the afternoon of August 20, a delegation headed by Mr. Cai Jinlong, Chairman and Party Secretary of Guangzhou Port Group, paid a visit to COSCO SHIPPING and held talks with Chairman and Party Secretary of COSCO SHIPPING Capt. Xu Lirong.

The administrators of bankrupt Zhejiang Ouhua Shipbuilding has managed to sell the entire assets of the shipyard during a second round auction. The assets were sold for a discounted price of CNY958 million (US$135.7 million), after the firs

Why large shipping lines should think about asset-sharing In the past, companies have tried to optimize and unearth efficiency gains through value chain integration. Reason was that it is easier to communicate and optimize within a company

The 20th edition of Marintec China, a showcase of the latest maritime technologies and products, will be held at the Shanghai New International Expo Center from Dec 3 to 6. Organized by the Shanghai arm of the Naval Architects and Marine En

An assessment by Norwegian authorities finds that its maritime and oil and gas sectors have recently been victims of cyber campaigns specifically targeting companies in the US, Europe and the Middle East and advise companies to be prepared

Indonesia will fulfill its MARPOL Annex VI obligations to enforce the 0.5% sulfur cap regulations from January 1 2020, Sudiono, the director of shipping and maritime affairs at Indonesias transport ministry, told SP Global Platts, dismissin

July was a busy month for containerized goods movements in the trans-Pacific market as U.S. West Coast ports reported the highest number of inbound boxes for 2019. But overall imports are trending below last years levels, which has forced o

Chinas iron ore futures finished higher on Thursday. The most active contract for January 2020 delivery finished the day session up 1.1 percent to 591.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign inve

On the afternoon of August 19, the strategic cooperation agreement signing ceremony between Shaanxi Provincial Peoples Government and COSCO SHIPPING was held in Xian. Secretary of Shaanxi Provincial Party Committee Mr. Hu Heping, Executive