Singapore on Tuesday said its plans to build the worlds biggest container terminal in a single location were on track, as it held a ceremony to mark a milestone in the initial construction phase of the mega-project. Tuas Terminal is set to

Global aluminium production flatlined in the first quarter of this year, according to the International Aluminium Institute (IAI). A couple of long-running outages together with curtailments in Europe caused production outside China to dip

1.Cosco Shipping Holdings posted stronger results for the first quarter, riding on higher freight rates and acquisition of OOIL.The company realized a net profit attributable to equity holders of the company of RMB687 million, surged 280% f

A delegation headed by Chairman and Party Secretary of COSCO SHIPPING Capt. Xu Lirong visited Yangzhou and held talks with Secretary of Yangzhou Municipal Party Committee Mr. Xie Zhengyi and the related government leaders of Yangzhou city a

On April 18, 2019, Secretary of Jiangsu Provincial Party Committee Mr. Lou Qinjian and Governor of Jiangsu Province Mr. Wu Zhenglong met with a delegation headed by Party Secretary and Chairman of COSCO SHIPPING Capt. Xu Lirong. Other parti

Crude oil futures opened higher Thursday on the Shanghai International Energy Exchange. The most active crude oil contract for June delivery was up 1 yuan (about 15 U.S. cents) to open at 498.8 yuan a barrel. China launched the crude oil fu

With 1,000 Smart Cable Guard systems implemented in its power grid, Dutch Distribution System Operator Alliander has confirmed its commitment to safeguarding the reliability of the power grid in the Netherlands. Smart Cable Guard is DNV GLs

CSCL Mercury, a Chinese container ship with a capacity of 14,000 TEU (twenty-foot equivalent unit), on Saturday became the first visitor to the CSP Abu Dhabi Terminal of Khalifa Port in the United Arab Emirates (UAE). The CSP Abu Dhabi Term

SOYBEX CFR China price fell to its lowest level this year at $362.57/mt Wednesday down $4.04/mt day on day, tracking falling CBOT Soybeans futures amid oversupply. This is the lowest price ever recorded since SP Global Platts started assess

DHL Global Forwarding, an international provider of air, sea and road freight services, recently announced a road freight service along the Hong Kong-Zhuhai-Macau Bridge that connects the West Pearl River Delta manufacturing zones in mainla

Yantai, a coastal city in East Chinas Shandong province, saw its foreign trade rise 5.3 percent year-on-year to 21.83 billion yuan ($3.25 billion) in March, according to Yantai customs. Its exports reached 13.24 billion yuan, up 13.7 percen

COSCO SHIPPING Holdings Achieved Net Profit of RMB 687million for 1Q 2019 Representing a Substantial Increase of 280% Year-on-Year COSCO SHIPPING Holdings Co., Ltd (COSCO SHIPPING Holdings or the Company) (SSE: 601919; HKEx: 1919) today ann

On April 18, 2019, the naming ceremony for M.V. Yuan Shen Hai, another 400K DWT VLOC of COSCO SHIPPING, was held at COSCO SHIPPING Heavy Industry in Yangzhou. Chairman and Party Secretary of COSCO SHIPPING Capt. Xu Lirong, Director and Depu

1.John-Kaare Aune has been appointed the new managing director, Ship Management for Hong Kong-based Wallem Group. He is expected to take up the post from 1 July 2019. 2.Chinas Jinling Shipyard has started construction of the first hybrid ro

Among selection of low Sulphur oil, LNG and installation of EGCS (Exhaust Gas Cleaning Systems), which is the better way to implement IMO 2020 Sulphur Cap? During our interview with Jan Othman, the Director, Exhaust Treatment at Wrtsil Corp