On the 2019 Fortune China 500 List released on July 10, COSCO SHIPPING Holdings took the 75th place, a continuous rise in its rankings over the past three years (91st in 2017 and 87th in 2018) after the restructuring. It demonstrated a sign

DUBAI - British Foreign Secretary Jeremy Hunt sought to ease tensions with Iran on Saturday, saying a seized tanker held in Gibraltar would be released if Teheran guaranteed the ship would not head to Syria. He said he had a constructive ca

The Baltic Exchanges main sea freight index hit a five-and-a-half-year high on Monday on the back of strong demand for capesize vessels shipping iron ore. The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose 3.

On July 11 MAN Energy Solutions, Daewoo Shipbuilding Marine Engineering (DSME) and HSD Engine (HSD) have signed a strategic agreement to cooperate in the field of marine engine systems digitization. The signing took place in Copenhagen. Con

Beginning on 1 January 2020, all vessels worldwide will only be able to refuel using fuel with a maximum sulphur content of 0.5 percent this is the requirement of the global fuel guideline known as IMO2020. As of 1 March, no vessel will be

15 July 2019 Hanseaticsoft GmbH a leading provider of innovative, cloud-based maritime software has today launched a new app as the latest addition to its Cloud Fleet Manager - CFM Go - to make it easier and faster for customers to access r

Hong Kong carrier Orient Overseas Container Line and compatriot port operator Hutchison Ports are among nine international operators and liner companies that have signed up to a Memorandum of Understanding to form a consortium to develop th

MacGregor, part of Cargotec, has received a clearance decision from the Chinese competition regulator, SAMR, for the companys acquisition of the marine and offshore businesses of TTS Group ASA. Based on revised estimates, potential cost syn

MSC Gulsun, the worlds largest container ship by carrying capacity, arrived at Qingdao Port, Shandong province on Thursday, setting a new record for the ships berthed at the port. At 399.9 meters long and 61.5 meters wide, the ship is capab

The first China-built cruise ship for polar expeditions has been on a seven-day sea trial departing from a dock in Haimen, East Chinas Jiangsu province. According to the local maritime bureau, the vessel underwent a series of strict equipme

1.Container throughput at Chinas Shanghai port has risen by 5.1% in the first half of this year compared to the year-ago period, according to Shanghai International Port Group (SIPG). 2.China Petroleum and Chemical Corp, the worlds largest

China Petroleum and Chemical Corp, the worlds largest refiner by volume, has signed a deal with China National Offshore Oil Corp, Chinas largest producer of offshore oil and gas, to study and explore several mostly offshore areas in China.

China imported 245 million tonnes of crude oil in January-June period this year, showed data from the General Administration of Customs (GAC) on July 12. The crude oil imports came in at 39.88 million tonnes in June, showed the GAC data. Th

BIMCO has voiced its support for US calls to set up a coalition to patrol and safeguard shipping in the Middle East Gulf and Strait of Hormuz in the wake of attacks against oil tankers on May 12 and June 13 in Gulf waters. The worlds bigges

A special inspection and crew greeting on ships Pacific Longevity and Pacific Express which were under repair at CMIs Shenzhen Mazhou Island Ship Repair Base as part of the Work Safety Month initiative was conducted by both Mr Wang Hong, Ex