Capacity growth on the Asia/Europe maritime routes are set for substantial increases in 2019 and 2020, with vessels aggregating nearly 1.1 million twenty-foot equivalent units (TEUs) set to be delivered in the period, following an increase

Tankers: Tanker values have remained stable. VLCC VL Sakura (298,600 DWT, Mar 2001, Hitachi) sold to Far Eastern buyers for USD 24.0 mil, VV value USD 19.30 mil On Subs. MR2 Ardmore Seamaster (45,800 DWT, Sep 2004, Shin Kurushima Ujina) sol

1.The CEO of the Port Authority of Piraeus, Captain Fu Chengqiu and the President of the North Adriatic Sea Port Authority, Pino Musolino, during a meeting held at the PPA headquarters, signed today a Memorandum of Understanding aimed at st

Chinas container transport for export purposes gained momentum in January due to rising shipping demand ahead of the Spring Festival, according to data from the Shanghai Shipping Exchange. The average China Export Containerized Freight Inde

The 2020 global sulphur cap will be the regulatory game changer of the decade with profound implications for the economics of shipping believes chairman of the International Chamber of Shipping, Esben Poulsson. But there are even more profo

Spot market rates remained strong in 2018, but rates overall were still too low, Howard Finkel, the executive vice president of trade for COSCO Container Lines Americas Inc., said during the first day of the American Association of Port Aut

The CEO of the Port Authority of Piraeus, Captain Fu Chengqiu and the President of the North Adriatic Sea Port Authority, Pino Musolino, during a meeting held at the PPA headquarters, signed today a Memorandum of Understanding aimed at stre

December 13, 2018, Shanghai, China: Yara Marine Technologies has officially opened its new office in Shanghai to meet increasing demand for exhaust gas cleaning systems for newbuilds and retrofit projects. A large percentage of scrubber ins

Chinese coal miner Huainan Mining Group has won provincial approval to build a terminal along the Yangtze river to receive liquefied natural gas (LNG), according to a news report on a website affiliated with the Ministry of Transport publis

Chinas oil and petrochemical industry registered a profit growth of 32.1 percent in 2018, beating the 10.3-percent average rise for the countrys major industrial enterprises. The industrys output steadily expanded in 2018 and showed fairly

Chinas iron ore futures ended higher on Monday. The most active contract for May delivery finished the day session 7.95 percent higher at 652 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors since

1.Natural gas transactions in the Shanghai Petroleum and Natural Gas Exchange (SHPGX) reached a record high last year in part due to Chinas huge demand for clean energy. The volume of natural gas traded in the exchange amounted to 60.46 bil

PetroChina International, a trading unit of the state-owned PetroChina has reportedly put up two Yamal LNG cargoes up for sale earlier this week. Citing sources, Reuters reports the two cargoes are scheduled for delivery in northwest Europe

High-end facilities, innovative science, talents and robust industries support development Qingdao, a coastal city in eastern Chinas Shandong province, is quickening its pace toward a marine economy of international renown, through innovati

Edward Liu envisages a bigger better Hong Kong Maritime Week in 2019 Through the joint efforts of the HKSAR Government and the maritime industry in the past few years, the Hong Kong community has finally come to realize that the maritime in