Chinas iron ore futures ended higher on Friday. The most active contract for May 2019 delivery finished the day session up 1.54 percent to 627.0 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors si

United European Car Carriers (UECC) has signed a contract to construct two new generation pure car/truck carriers (PCTCs) with China Ship Building Trading Co., Ltd and Jiangnan Shipyard Group Co. Ltd. The newbuilding contract also has optio

Taicang CIMC Reefer Logisticts Equipment Co, a subsidiary of China International Marine Containers (Group) Co, took up 31 percent of the global market in 2018 with total sales revenue of 1.8 billion yuan ($269 million), local media reported

Singapore-based vessel owner and operator Berge Bulk has received the 300,000 DWT bulk carrier Berge Logan, which was built at Chinas Guangzhou Shipyard International (GSI). The 327-meter-long very large ore carrier (VLOC) is the largest bu

Taiwanese shipping company Wan Hai Lines announced the enhancement of its Japan service coverage. With effect from early April 2019, the company shall upgrade its existing New Super 1 service and also extend one of its existing Japan Kanto

China imported more major commodities in the first two months, data from the General Administration of Customs showed Friday. The imports of crude oil surged by 12.4 percent to 81.82 million tonnes while that of refined oil rose by 4.4 perc

There should be an urgency now among various players in the shipping industry, including shipowners and charterers, to plan for the International Maritime Organizations global sulfur limit rule as the 2020 deadline is fast approaching and t

Tianjin port, a pivotal coal-transferring hub at Bohai Bay in northern China, is about to rejuvenate its coal business through construction of coal shipment dedicated railway lines this year, Liang Yongcen, president of Tianjin Port (Group)

Chinas steel and iron ore futures rose on March 12 on expectations that many halted construction activities in the country will soon resume, boosting restocking demand for the commodities. The most-active construction steel rebar contract o

1.Hong Kong-based cruise operator Genting Cruise Lines is spending more money on the refurbishment of Dream Cruises Explorer Dream to incorporate the installation of scrubber systems, the company said on Wednesday. 2.Austals Philippines shi

In Premier Li Keqiangs latest Government Work Report delivered in Beijing last Tuesday, the highlight for Hong Kong is undoubtedly the development of the Guangdong-Hong Kong-Macao Greater Bay Area and, more specifically, how Hong Kong can p

WAN Hai Lines is further extending its intra-Asia service network by offering a new weekly loop between Taiwan, South China and the Philippines that it has branded the Subic Express. The service will be operated by two 900-TEU containership

1.The British Office and Taiwan International Ports Corporation signed a Memorandum of Understanding (MoU) on joint co-operation of Taiwans offshore wind development. Under this cooperation, both countries will exchange information in the a

Hong Kong is among a small group of global ports that has been assured of a supply of 0.5% sulphur marine fuel by oil major, BP ahead of the 1 January 2020 deadline for low sulphur fuel compliance. Other territories considered priority incl

Demand for natural gas in China is rising due to changes in its energy structure and environmental protection policy, a senior executive of a leading Chinese energy company has said. Hou Qijun, vice president of China National Petroleum Cor