Maritime courts play an important role in providing judicial guarantees for international shipping and international trade, according to Luo Dongchuan, vice-president of the Supreme Peoples Court (SPC), who was speaking at a maritime judici

Chinas iron ore futures settled higher on Wednesday. The most active contract for January 2019 delivery ended the day session up 0.96 percent to 471.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign invest

IMOs Council the administrative body of the organization concluded its latest meeting with a decision to work on reforming several important mechanisms that dictate how the IMO conducts its business. The IMO Council Members have discussed r

China will leverage on its successes in developing a vibrant blue economy to promote global cooperation in areas that advance the green agenda, food security, peace and stability, an official said late Tuesday during a side event at the blu

HONG KONGs Modern Terminals Limited (MTL) and Singapores PSA International have signed on to blockchain cargo documentation systems to speed delivery and reduce fraud. MTL has become a participant of TradeLens, a blockchain platform develop

1.To continue to provide customers across the globe with greater access to ABBs high-quality service and parts, ABB Turbocharging has announced the establishment of a branch office of ABB Jiangjin Turbo Systems Co., Ltd. in Zhoushan. 2.Club

China, the worlds second-largest importer of LNG, is continuing to boost its imports of the chilled fuel and has reached a new record high as it is pursuing its strategy for cleaner air. China imported 41.6 million tonnes in the January-Oct

International Maritime Organization (IMO) has provided fellowships to ten female officials attending a Port Senior Management Programme held at the Galilee International Management Institute (GIMI) in Nahalal, Israel, (14 -27 November). A s

Vessel operating costs increased 1.1 per cent in 2018, and 0.7 per cent in 2017, after two years of declines, said Londons Drewry Maritime Research. According to its Ship Operating Costs Annual Review and Forecast 2018/19 report, such incre

Zhejiang Pilot Free Trade Zone is expecting its oil products storage capacity to surpass 40 million cubic meters by 2020, an official said. The FTZ has been pushing forward the construction of an international oil base in the zone, and the

Bulk commodities, which have outperformed industrial metals for the past six months, are coming under pressure as weakening steel prices hammer the profitability of Chinas vast steel industry. Iron ore, a major source of income of the world

Car carrier shipping is expected to continue its recovery from the trough of 2016, supported by improving utilisation. But increasing localisation and the threat of trade wars will slow finished vehicle cargo growth, while carrier operation

Chinas iron ore futures ended lower on Tuesday. The most active contract for January 2019 delivery finished the day session down 3.72 percent at 465.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign invest

GTMaritime has signed Marinesat as a value-added reseller to deliver its maritime-optimised communication solutions to vessels in China and other markets. The agreement with Marinesat is GTMaritimes first partnership within the Chinese mark

Club Correspondents Pro-Marine Law Office, Taipei, have advised of the publication of further guidance concerning the early Implementation of the MARPOL sulphur cap in Taiwanese ports from 1st January 2019. The guidance, issued by the Minis