The volume of U.S. ocean cargo imports arranged by Deutsche Posts DHL Group, United Parcel Service Inc, FedEx Corp and other freight forwarders fell sharply in February, sending a warning on global trade, a key barometer for the world econo

Fuel quality is the great unknown for the shipping and oil refining industry. The International Maritime Organizations (IMO) January 2020 deadline could see the majority of vessel owners switching to cleaner marine fuels incompatible with e

A large Chinese-made dredging vessel set sail Tuesday from East Chinas Jiangsu province for Saudi Arabia to support its offshore oil exploration. The 138-meter-long, 28-meter-wide dredger named Xin Hai Xu can dig as deep as 36 meters under

1.American classification society ABS has granted Approval in Principle (AIP) to two new gas carrier designs from Chinas Hudong-Zhonghua Shipbuilding. 2.Cosco Shipping Energy Transportation has jointly launched a project with Dalian Shipbui

Seaspan Corporation, the independent containerships operator, has signed a framework agreement for strategic cooperation with Cosco Shipping Energy Transportation for LNG-related investments. Seaspan said on Wednesday that the agreement wou

Opening an office in Athens is an important step to make BIMCO even more member-focused, says BIMCO President, Anastasios Papagiannopoulos, Principal of Common Progress. There is a lot of regulation coming and being a BIMCO member will help

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, has announced Asia-Europe sailing cancellations after the May Labour Day holiday. OOCL said in a statement that the cancellations have been made in response to the expected

Hong Kongs major port operator China Merchants Port Holdings Company handled a total of 109.6 million TEU in 2018, an increase of six per cent over 2017. The Hong Kong-listed port operator also said in its annual report that it had generate

Alfa Laval announced Wednesday that it has received an order from an unnnamed Chinese shipping company to supply its PureSOx scrubber systems for exhaust gas cleaning for 31 vessels in its fleet. The PureSOx systems for 31 existing vessels,

1.Seaspan Corporation announced a framework agreement on April 2, regarding a strategic cooperation with COSCO SHIPPING Energy Transportation Co., Ltd. The two companies will enhance their collaboration regarding LNG investments, LNG projec

COSCO SHIPPING Ports Signs Investment Agreement of COSCO SHIPPING Ports Supply Chain Project with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau Take Advantage of Scarce Logistics Resources near the Port to Deve

The Brazilian dam collapse hasreceived widespread market attention, and it was widely expected that Brazilianiron ore output will be significantly reduced. This led to a sharp rise in ironore prices and an irrational decline in the Baltic C

LNGs potential to become Asias dominant fuel, as the region transitions away from coal to cleaner energy, will only be realised if the industry can work together to lower costs and overhaul trading conditions, senior Chinese energy official

Chinas iron ore futures finished higher on Wednesday. The most active contract for May 2019 delivery finished the day session up 5.34 percent to 690.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign invest

Danish conglomerate A.P. Moller Maersk informed that Claus V. Hemmingsen steps down as Vice CEO of the group. The companys energy division, which was headed by him, will also be shut down. The Energy division will close down latest by the e