1.As an epitome of the achievements made by Chinas reform and opening up,the Ningbo-Zhoushan Port has developed into the worlds first international port which handles one billion tons of cargoes a year. 2.Chinas CNOOC plans to expand its LN

According to the resolution of the 72nd session of MEPC of the International Maritime Organization (IMO), the 0.50% limit on sulphur in fuel oil on board ships will come into effect on 1 January 2020. The resolution is made aiming at promot

The group consists of eight different organisations, including paint manufacturers, ship owners and cleaning companies, with the aim to take a holistic approach to establishing an international standard that will work in practice. The stand

Ratings agency AM Best last week awarded Cosco Shipping Captive a Financial Strength Rating of A (Excellent). AM Best characterised as very strong reflecting the companys performance, neutral business profile and the support from its parent

IMOs MEPC will discuss Norwegian proposals for ship implementation plans relating to the new low sulphur cap at its 73rd session this month. Norways proposals call for plans to be developed that are both in accordance with agreed IMO guidan

Along the 32-kilometer coastline outside Athens, a forest of cranes at the Port of Piraeus is busy 24 hours a day loading and unloading thousands of containers that are transported between Asia and Europe. Flourishing trade volumes have dir

Chinas largest shale gas field Fuling had produced a total of 20 billion cubic meters of shale gas as of Saturday. The shale gas field was first discovered in 2012 and developed by Chinas leading oil refiner Sinopec in the southwest municip

Localization has become a key to Chinese firms success with more and more Chinese investors establishing companies in countries in Europe. Hamburg of Germany is an important transition port in Europe. Containers discharged from this port wi

Chinas iron ore futures closed higher on Monday. The most active contract for January 2019 delivery ended the day session up 1.01 percent at 498 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors si

Chinas iron ore futures market went weak today. Traders quotations remained unchanged in the morning and the bargaining room was widening affected by the futures market. In Shandong, PB fines, Carajas fines, Newman fines and Jimblebar fines

As an epitome of the achievements made by Chinas reform and opening up, the Ningbo-Zhoushan Port has developed into the worlds first international port which handles one billion tons of cargoes a year. The Ningbo-Zhoushan Port is the busies

1.Genting Hong Kong,cruise operator,informed that it will buy scrubbers as a measure to comply with the upcoming IMO 2020 sulphur cap.Specifically,the company will retrofit three of its ships with exhaust gas cleaning systems. 2.The America

Minor bulk operators, Asia Maritime Pacific and Fenwick Shipping Services have merged their operations. Asia Maritime Pacific is a Handysize and minibulker owner and operator, headquartered in Hong Kong, with a fleet of over 40 modern dry b

Swedish company Alfa Laval has won an order to supply Framo pumping systems to an FPSO (Floating Production, Storage and Offloading) vessel to be built in China. The provider of specialized products and engineering solutions based on its ke

The Global Maritime Issues Monitor 2018, a survey revealing the fears of the worlds maritime sector was unveiled at the Global Maritime Forum in Hong Kong on 3 October. In a survey that makes disturbing reading, the possibility of cyber att