On February 14, Mr. Li Qiang, a member of the Political Bureau of the CPC Central Committee and Secretary of Shanghai Municipal Party Committee, made an inspection tour to COSCO SHIPPING. Revolving around the three new major tasks (i.e., ex

There appears to be no end to the decline in box volumes in Hong Kong. Following the declaration of annual throughput for 2018, which saw volumes slip to 19.54m teu or 5.7%, and the port fall to seventh place in the league of the worlds bus

China National Petroleum Corp., the worlds third-biggest oil company, plans to build 23 new gas storage facilities and expand 10 existing ones by 2030, with working gas capacity exceeding 15 billion cubic meters, the company said Sunday. Th

Russian gas giant Gazprom and the China National Petroleum Corporation (CNPC) have discussed plans for the supply of national gas to China. Gazprom said that the parties reviewed a wide range of issues related to cooperation between the com

What has gone wrong at the start of 2019 with a string of accidents and casualties? I read this opinion article, published on the gCaptain.com web site originally, by Capt Rich Madden, which I wanted to share with followers of the IIMS Link

Chinas iron ore futures ended higher on Monday. The most active contract for May delivery finished the day session 0.40 percent higher at 628 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors since

234 metric tons of LNG were bunkered onto the CONTAINERSHIPS NORD vessel at the Port of Rotterdam CONTAINERSHIPS NORD is the first LNG-powered container ship of the CMA CGM Groups fleet CMA CGM, an actor committed to the energy transition o

Asian governments have been hard at work improving the facilities and easing the regulations to attract more superyachts to cruise in the region and spend time in their marinas. The value of this category of marine tourism is high and bring

Edward Liu explains why it is vital for HK to be a base for developing global shipping and trading companies on the Chinese mainland In the World Economic Forum annual winter meeting held in Davos earlier this year, the International Moneta

Chinas import of natural gas hit a record high of 9.81 million tons in January, up 26.8 percent year on year, according to the latest data released by Chinas General Administration of Customs. The import volume of natural gas reached 4.86 b

On 12 February 2019, Value Maritime received the International Air Pollution Prevention (IAPP) certificate from Lloyds for its scrubber system. Most of the tests required to obtain Certification had been performed during installation. Since

1.Chinese state-run shipping giant Cosco is ordering up to 30 newcastlemax bulk carriers at domestic yards to support its long-term shipping project with Aluminum Corporation of China (Chalco), marking the largest ever bulker order placed b

Chinas manned deep-sea submersible Jiaolong is scheduled to dive 7,000 meters into the Marianas Trench in the western Pacific Ocean, the worlds deepest known natural trench, in July as part of the countrys effort to make its mark in explori

Maritime research consultancy Drewry believes that the industrys supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a big

The major chunk of global energy supply growth is expected to come from renewables and natural gas over the next two decades, but steep investment in oil exploration and production will be needed to meet crude demand in 2040. The global ene