Chinese shipyards seem to be dominating the current global ship repair industry, with eight ranking among the worlds top 10 ship repairers in business volume this year, according to the latest data from authoritative global research firm Cl

Chinas Guangdong Energy Group has reportedly purchased a couple of spot cargoes of liquefied natural gas for delivery to CNOOCs Dapeng LNG facility in which it has a stake. Citing trading sources, Reuters reports one of the two cargoes has

Chinas ports have handled just under 4.3 billion tonnes of cargo from January through April, according to the Ministry of Transport. Of that, 1.38 billion tonnes, or 32 per cent, was foreign cargo. Meanwhile, China handled 82.3 million TEU.

1.Damen Yichang Shipyard in China has held a keel-laying ceremony for an LNG bunkering vessel being built for the new energy brand Elenger, formerly known as Eesti Gaas. 2.Brazilian state oil company Petroleo Brasileiro SA is shipping crude

China National Petroleum Corporation (CNPC), Chinas largest oil and gas producer and supplier, built a surface gas drilling transmitting system at Sichuan Basin in southwestern China, according to a meeting held on May 28. The system covers

Iron ore stocks at Chinas ports declined by 4.4mt last week to 127.7mt, the lowest level since Jan-17. The pace of stock draw-down in recent weeks has been the highest on record with inventories falling by 20.8mt or by about 3mt per week si

China Harbor Engineering Company (CHEC) has won a fresh contract to carry out the second phase of the expansion work of Ghanas eastern port of Tema, officials confirmed to Xinhua late Tuesday. The contract signed with Meridian Ports Service

The U.S. Coast Guard (USCG) presented a type approval certificate for the largest PureBallast 3 reactor size: 1500 m3/h, on 15 May. Customers can now select any PureBallast 3 system configuration for use in United States waters, said a pres

Hamburg/So Paolo, 29 May 2019 The Global Wind Energy Council (GWEC) and WindEnergy Hamburg are extending and expanding their cooperation, as GWEC becomes the exclusive Global Partner of the worlds leading wind industry expo until the end of

In MEPC 74th meeting hold from 13th May to 17th May,IMO has approved a comprehensive set of guidance and guidelines to support the consistent implementation of the 0.5% sulfur limit in Marine fuel, which will come into force on 1st Jan 2020

Taiwanese shipping company Yang Ming Marine Transport Corp said that its containership YM Excellence while sailing from Shekou, China, to Singapore successfully rescued two Australians who were spotted fleeing out of a flaming yacht. After

The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier licence of Southernpec (Singapore) Pte Ltd (Southernpec), with effect from 29 May 2019. Southernpec will cease to operate as a bunker supplier in the Port of

1.CSSC (Hong Kong) Shipping is looking to raise up to HKD 2.18 billion (USD 277.7 million) through an initial public offering (IPO) on the Hong Kong Stock Exchange.The shipowning arm of state-owned China State Shipbuilding Corporation (CSSC

Today, Tuesday, May 28 2019, the Baltic Dry Index climbed by 16 points, reaching 1082 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The ind

Surrounding circumstances and conditions are probably the greatest variables when the ship is at sea. It may become necessary all of a sudden to drop anchor in an emergency in case of steering failure, probable collision, manoeuvring in sha