Ship owners have been taking actions in order to comply with 2020 Sulphur Cap. Open loop scrubber with LSFO would be a better solution from a overall perspective. During Xinde Marine News Green ShipTech Seminar held last week at Shanghai, t

1.Intermarine UK signed a new agreement with a Chinese manufacturer to establish at the Port of Portland one of UKs centers for scrubber installation. The deal was signed during Nor-Shipping 2019, with Shandong Pure Ocean Technology. 2.For

Demand drivers and freight rates As weak demand growth is forecasted for the coming quarters, the container shipping industry is set to return to negative margins. Iran, Libya and Venezuela face export limitations because of sanctions and i

Chinas iron ore futures surged nearly 6% to hit a record high on Wednesday, following a broad rally in prices across assets, as investors hoped that trade talks between Beijing and Washington would restart after a recent lull. China and the

On the morning of 19th June, Mr. Wojciech Zajączkowski, Ambassador of the Republic of Poland to China, visited COSCO SHIPPING headquarters. Mr. Yu Zenggang, Executive Vice President of COSCO SHIPPING, met with the delegation led by Ambassa

The oil tanker market has been fraught with politics as never before, says Peter Sand, top analyst at shipowner/operator lobby BIMCO (Baltic and International Maritime Council). For example, Iran, Libya and Venezuela face export limitations

Chinas iron ore futures finished higher on Wednesday. The most active contract for September 2019 delivery finished the day session up 5.08 percent to 806.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign

An agreement on developing a center for ocean mega-science was officially inked on Monday in Jinan, capital city of East Chinas Shandong province, among the provincial government, the Chinese Academy of Sciences and Qingdao municipal govern

MacGregor automated mooring solution specified for the worlds first autonomous and zero-emission container ship, Yara Birkeland MacGregor, part of Cargotec, and Kongsberg Maritime have entered into an agreement where MacGregor will deliver

The Republic of the Marshall Islands (RMI) remains on the white list for Paris MoU for 2019. Paris MoU Committee published the 2018 inspection results and adopted new performance lists for flags and Recognized Organizations (ROs) at its 52n

1.Chinas first large-scale, domestically designed and independently built woodchip carrier has been successfully delivered to its client. The 64,000-ton vessel, called MATER, is manufactured by Chengxi Shipyard Co Ltd in Jiangyin city, East

Chinas first large-scale, domestically designed and independently built woodchip carrier has been successfully delivered to its client. The 64,000-ton vessel, called MATER, is manufactured by Chengxi Shipyard Co Ltd in Jiangyin city, East C

IMO2020 is getting closer and the currently discussed approaches to meet IMO2020 requirements will generate additional pressure to the industry and thus put many shipping and commodity trading companies in a challenging situation. But how c

Asian tanker and LNG shipping companies remain cautious on Middle East transits after last weeks tanker attacks, and have stepped up safety measures including tighter security of seaborne vessels and full-speed navigation in the Gulf of Oma

International Maritime Organization (IMO) is at the UN climate change conference in Bonn, Germany (17-27 June), where governments are meeting to work towards significantly accelerating the pace of climate action. The UN body is reporting to