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

The Digital evolution is shaping the Maritime future in every aspect and all its segments, taking advantage of modern ships design and new technologies. Changes dont start with ship, but with leadership At a Digital Ship Conference in Berge

Chinas iron ore futures surged 6% on Tuesday on expectations that big miners will be unable to expand production to meet high demand, with steel output set to remain high in coming months. The most-traded iron ore futures on the Dalian Comm

In the week ending May-31, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 675.0 points, slightly Download PDF Below find the NCFI Weekly Index Data chart: Download PDF Source: Ningbo Shipping Exch

Chinas iron ore futures finished higher on Tuesday at the Dalian Commodity Exchange (DCE). The most active iron ore contract for September 2019 delivery up 5.99 percent to 760.5 yuan per ton. As the worlds largest importer of iron ore, Chin

Palau International Ship Registry (PISR) has been recognised by the International Maritime Organisation (IMO) as to fully comply with the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW)

The Sino-US trade war exposes the international shipping market to greater uncertainties and risks of another downward trend. Hong Kong, the hub of cargo transshipment in South China, suffered a sharp drop in container throughput in 2018, f

Four research vessels set out simultaneously on Monday for different seas in Chinese territory, aiming to collect marine research data. Scientists hope the research can provide support for ecological protection of offshore areas as well as

Finnish technology group Wrtsil has been contracted to provide its technology for Chinas first seagoing LNG bunker vessel being built by the Dalian Shipbuilding Industry Corporation (DSIC) for an ENN Energy company. The vessel has been desi

1.Japans Marubeni Corporation has entered into an agreement with China-based Sinopec for the distribution of IMO 2020-compliant low sulphur marine fuel oil. 2.Cosco Shipping Lines, the container shipping arm of Cosco Shipping Group, is to l

The largest and most luxurious ro-ro (roll-on/roll off) ship in Asia, Zhonghuafuxing (Rejuvenation of China), set sail from Shidao Bay in Rongcheng city, Shandong province on Saturday morning. The ship, built by Shandong-based Huanghai Ship

Dry bulk carriers are yellow, container ships are green, oil tankers are painted red, blue ones are multipurpose vessels, and those bearing pink spots are passengers liners. No, these are not puzzles or a fantasy game. Rather, these are the

Norway-based FSRU provider Hegh LNG said it has signed a 12-year sale and leaseback agreement with China Construction Bank Financial Leasing for its 10th FSRU. Hegh LNG said in a brief statement through its social media channels the deal pr