A strategic cooperation agreement has been signed on 4th March between CIMC Group and Aker Group, Norways largest industrial investment company. CIMC Raffles Offshore Ltd. (hereinafter referred to as CIMC Raffles) and Aker Group signed a co

CNOOC, Chinas biggest operator of liquefied natural gas (LNG) import terminals, is talking to independent companies about access to its facilities after short trial leases last year, three sources with knowledge of the discussions said. The

Chinas Ministry of Transport has said in a port report that dry bulk and container shipping along the nations coast are seeing too much capacity leading to falling rates. The report, however, points out that Chinas domestic coastal shipping

Chinas state-run feeder boxship operator Hunan Ocean Container Lines has placed an order at Hunan Jinhang Shipbuilding for the construction of two 635 TEU box ships. The two vessels will be equipped with LNG/diesel dual fuel engine and will

Chinese travellers forgoing the open road in favour of trains while making the switch to electric cars means the top driver of the worlds oil demand may soon step on the brakes, according to Morgan Stanley. Oil consumption in China will pea

On the morning of 12 March, the launching ceremony of the Expedition Cruise Vessel No.1 Steel Cutting Ceremony of the Expedition Cruise Vessel No.3 of China Merchants Industry Holdings CO.,LTD was successfully held in Haimen, Jiangsu provin

China will build up its protection of marine ecological environment and realize sustainable marine development, according to an official with the Financial and Economic Affairs Committee of National Peoples Congress (NPC) Standing Committee

Classification society DNV GL has announced that all DNV GL classed vessels are now able to utilize the possibility of remote surveys for some inspections through the Veracity data platform. This means that for a range of surveys, a DNV GL

Chinas iron ore futures finished lower on Monday. The most active contract for May 2019 delivery finished the day session down 3.00 percent to 601 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors

New Global General Manager Joris van Brussel is taking Shell Marines customer-focused approach to marine lubricants development, delivery and technical services to another level In a career with Shell, Mr van Brussel has gained experience a

1.Shell Marine provides solutions for HAINAN STRAIT SHIPPING CO,.LTD for RO-RO cost saivings. 2.The second batch of 18 routes of Fujian has been released recently, bringing the number of routes to 34 and connecting more important ports alon

In the week ending Mar-8, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 593.7 points, slightly Download PDF1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source: Ningbo Shipping Exc

A regional workshop has provided senior maritime administration officials in Central America with the latest information on current and future developments at IMO. The training was organized by IMO and the Central American Commission on Mar

OOCL is pleased to announce service enhancements to our Japan/Hong Kong/South East Asia Service (KTX6) to improve our suite of Japan products by providing customers with more competitive and reliable services in this region. With effect fro

On 5 March, 2019, Capt. Xie Chunlin, Chairman of China Merchants Energy Shipping (CMES), had a meeting in Hong Kong with Mr Eric Kleess, Senior Vice President, Hemisphere Operations, Eastern Hemisphere of the American Bureau of Shipping (AB