Chinas iron ore futures finished higher on Thursday. The most active contract for September 2019 delivery finished the day session up 1.56 percent to 781.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign i

1.Xinde Marine News Green ShipTech Seminar, conducted by Xinde Marine News, coorganized by LeesGreen Ballast Water Management, Worldwide Ship, DNV GL and Marshall Islands Registry, has ended with great success on June 14th, 2019 in Shanghai

Chinas transport ministry planned to launch five liquefied natural gas (LNG) receiving stations in provinces along the Yangtze River, domestic industry media reported. The ministry has issued questionnaires on this plan, which will be relea

1.Cosco Shippings 5,089 teu panamax containership Tian Fu He has been stranded near Qinzhou Port for the past three days.According to a notice sent by Shanghai Pan Asia Shipping, a subsidiary of Cosco, the ship ran aground when it was enter

The Maritime and Port Authority of Singapore (MPA), in collaboration with Singapore Shipping Association (SSA), has published the second edition of two technical guides on the impending 0.5 per cent fuel oil global sulphur limit by the Inte

In terms of fuel, the shipping industry is becoming more and more aware of its impact on the environment. Considering the long-term, what sustainable fuels present viable and realistic possibilities for the maritime sector? One option that

With just two weeks remaining before theyre supposed to gather in Vienna, OPEC and its allies are still struggling to settle on a meeting date. Its the latest example of how bitter geopolitical rivalry between Saudi Arabia and Iran can caus

Chinas iron ore futures extended their surge to record highs on Wednesday, buoyed by concerns over tight supply and strong demand. The most-active iron ore contract for September delivery on the Dalian Commodity Exchange soared as much as 4

As weak demand growth is forecasted for the coming quarters, the container shipping industry is set to return to negative margins. Demand drivers and freight rates The number of boxes being shipped around the globe by sea grew 0.5% 191,000

Chinas crude oil futures settled lower on Wednesday. The most active contract for July 2019 delivery dropped 1.7 percent to 423 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first yuan-deno

New marine fuel rules to boost diesel prices for at least a year -analysts Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur marine fuels, and remain higher for at least a

The Plenary Session of the 23rd St. Petersburg International Economic Forum (SPIEF) was held in St. Petersburg on June 7, according to Xinhua. Chinese President Xi Jinping, Russian President Vladimir Putin, Bulgarian President Rumen Radev,

1.Chinas CNPC and CNOOC have both signed share and purchase deals acquiring 10 percent stake each in Novateks Arctic LNG 2 project.Both deals are expected to close in the near future following the approvals by regulatory authorities in Russ

The exponential growth in installed LNG tank capacity points to a potential boom in LNG for larger vessels over the coming years, according to Martin Wold, head of the Alternative Fuels Insight (AFI) platform at DNV GL Maritime. Is shipping

Huanghua port saw its coal loading in vessels hit a new high in May compared with the same period of past years. In May, coal loading at the port jumped to 17.82 million tonnes, outstripping monthly target by 695,000 tonnes and creating a r