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

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. Discovery well Bozhong 19-6, which includes

The International Maritime Organization (IMO) adopted regulations in 2008 that have been incorporated into Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL Convention). The IMO regulations containe

Chinas iron ore futures closed higher on Wednesday. The most active contract for January 2019 delivery ended the day session up 2.65 percent at 523.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investo

Hong Kong-based shipmanager, Wallem Group has taken its first Japanese vessel under management. The 21,443dwt Aphrodite Leader is a pure car truck carrier. The Aphrodite Leader completed the various inspections, audits and surveys in accord

The Maritime and Port Authority of Singapore (MPA) signed two Memoranda of Understanding (MoU) for Additive Manufacturing (AM), also known as 3D printing, at the 6thGlobal AM Summit held on 17 and 18 October 2018 at the Changi Exposition Ce