Spot rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 0.5 per cent to US$727 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade remained at $751 per TE

The new owners of Oriana is a joint venture company between CTS (China Travel Service) and Cosco (China Ocean Shipping Group Company), who recently purchased the 1995-built vessel from PO Cruises. The 1,818 lower berth ship will depart from

1.China National Offshore Oil Corp has made a large-sized natural gas field discovery in the Bohai oilfield, which will likely ease the gas shortage in northern China, the company said on Wednesday. 2.Taiwanese shipping company Wan Hai Line

Chinas imported iron ore market fluctuated in a narrow range today. Traders quotations increased by RMB5-10/tonne in the morning from that of yesterday. While in the afternoon, the quotations dropped slightly. In Shandong, Assmang fines, PB

The loading of bunker on board a ship is a vital and critical operation. Due care must be taken to ensure safety and to mitigate the risk for oil pollution. The purpose of this pamphlet is to have an easy at hand guidance to help seafarers

British Petroleum (BP) has started the construction of a new lubricant blending plant in northern Chinas port city of Tianjin. With an investment of 1.5 billion yuan (about 214 million U.S. dollars), the project is BPs largest investment on

Chinas iron ore futures settled lower on Friday. The most active contract for January 2019 delivery ended the day session down 1.62 percent at 515 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors

Firm beefs up facilities to ensure adequate stocks of clean fuel for northern regions China National Offshore Oil Corp said on Oct 12 that it would bolster its liquefied natural gas storage facilities to ensure adequate supplies of the clea

September was the cruellest month for the Port of Hong Kong when box volumes declined further than in any previous month this year. Total throughput at the port fell 16.2% to 1.513m teu compared to the September 2017 figure of 1.806m teu, w

With the earnings season in full swing iron ore majors started to release their Q3 production figures over the past few days. Vale, posted a record output as it ramped up its production in its S11D mine in Q3. Total production was up 10.3%

Maersk and NetEase Kaola enters into a strategic partnership to bolster global growing consumption,according to Xinde Marine News. Maersk signs a Global Transport and Logistics Strategic Partnership Agreement with Chinas E-Commerce giant Ne

1.2018 International Ship Management and Technology Forum,which organized by Xinde Marine News and China Shipping Service(CNSS) will be held at Dalian Aulicare Hotel on 25th Oct. 2.China remains a huge market for all LNG suppliers and is wi

Commenting on a new study on seafarers and digitalization, the International Chamber of Shipping has concluded that the maritime workforce is unlikely to be adversely affected by the rise of digital disruption. Encouragingly, the study indi

The seaborne iron ore market fluctuated upward with a large increase at the end of trading. The spot price at port remained unchanged in the morning, and then the increase of RMB5-10/tonne saw in the afternoon for spot market along with the

SANYA -- A team of 59 Chinese researchers returned Tuesday to Sanya in southern Hainan Province from the Mariana Trench after completing a 54-day, 7,292-nautical-mile deep-sea research mission. Researchers have achieved fruitful results in