Sinopec, one of Chinas key oil and gas developers, started construction of the Qingdao-Nanjing gas transmission pipeline on June 14, a strategic deployment to further expand its gas supplying capacity and covering areas, state media Xinhua

Spot iron ore prices surged past $117pmt today as Rio Tintos production target cut outweighed Vales announcement to resume operations fully at its Brucutu mine*. Although Vales restart could potentially release more iron ore into the market

Bigger ships offer advantages to both ship owners and those wishing to ship cargoes, and this trend is unlikely to change. The average size of ships has been increasing over the past several decades. Advances in production techniques, vesse

Taicang port in Jiangsu province saw a steady increase in its cargo throughput in the first five months of 2019, according to the ports management committee. From Jan-May, the port handled 2.13 million containers, 93.57 million tons of carg

For the key focus on PSC Inspection of BWM in Ports of China, more awareness on ballast water record book should be raised by ship owners and masters. During Xinde Marine News Green ShipTech Seminar held on last week at Shanghai, the Ship S

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