The MEPC approved the Programme of follow-up actions of the initial IMO strategy on reduction of GHG emissions from ships up to 2023. The programme of action is intended to be used as a planning tool in meeting the timelines identified in t

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 2.4 per cent to US$753 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade was also down 1.3 per c

PaxOceans Zhoushan Shipyard has delivered a 26,000m3 floating storage and regasification unit (FSRU) Karunia Dewata to Indonesia-based Jaya Samudra Karunia (JSK). The FSRU is the largest to be built in China and will be capable of regasifyi

1.Japanese trading house Mitsui Co has returned to Yangzijiang Shipbuilding for more bulker newbuildings. 2.Singapores Sea Consortium is expanding its fleet with contracts for two Chinese newbuildings.Brokers said the company has ordered a

Hong Kongs Orient Overseas Container Line (OOCL) has introduced its new South Africa products, namely the South Africa Service 1 (SAF1), South Africa Service 2 (SAF2) and South Africa Service 3 (SAF3) effective from December 6, November 30,

Chinas research icebreaker Xuelong docked in Australias port of Hobart Saturday morning to replenish supplies, the last time it will do so before sailing to the Antarctic. The icebreaker, also known as the Snow Dragon, is on Chinas 35th Ant

China has ensured abundant natural gas supply and vowed to stabilize prices this winter, as demand usually spikes in the winter heating season, the countrys top economic planner said. The country has unveiled measures to increase natural ga

Chinas iron ore futures ended higher on Friday. The most active contract for January, 2019 delivery finished the day session 2.06 percent higher at 521 yuan per ton. China has opened the domestically-traded iron ore futures to foreign inves

The technology company The Linde Group has been awarded a contract from Chinese chemical and energy company Inner Mongolia Huineng Coal Chemical Co Ltd to supply a mid-scale LNG plant near Beinichuan in Inner Mongolia. This will be Lindes s

Digitalisation is re-shaping the business world and is increasingly important for gaining competitive edge. Emerging technologies, together with the evolution and development of new platforms, are unparalleled opportunities within shipping

1.Swiss technology company ABB has been selected to supply equipment for the Zhangbei high-voltage direct-current (HVDC)grid in China. 2.The 6th Sustainable Ocean Summit just ended after three tremendous days in Hong Kong. 3.COSCO Shipping

Chinas National Development and Reform Commission imposed further port restrictions on coking coal and thermal coal until the end of 2018 at ports across China, market sources said Thursday. Sources said that NDRC had verbally informed Gene

PetroChina will merge its wholesale natural gas sales unit with retail provider Kunlun Energy to shore up profits though the move worries independent gas sellers that fear the combination will create a monopoly, said Reuters on November 15.

The 6th Sustainable Ocean Summit just ended after three tremendous days in Hong Kong. As Maisie Cheng, Director of Marine, Hong Kong SAR, highlighted so well during the Welcome Reception, Hong Kong serves as an international maritime centre

Alphaliner, pioneer and leading provider of in-depth analysis to the liner shipping industry, combined with advanced solutions for liner shipping professionals, reaffirming its global leadership with a heading presentation at Intermodal Eur