1.Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two drilling islands under the companys Berri Increment Program (BIP). 2.The opening ceremony of Dalian Branch of Donghai Marine Insurance Co,

Saudi Arabian oil giant Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two drilling islands under the companys Berri Increment Program (BIP). The objective of the BIP is to produce an additio

Chinas iron ore futures market fluctuated in a wide range today. Traders quotations increased by RMB5-8/tonne compared with that of yesterday. As the futures market slumped, iron ore spot prices decreased accordingly. In Shandong, Carajas f

American Bureau of Shipping (ABS) has granted the approval in principle (AIP) for the LNG Jumbo, a new carrier design from the Chinese Jiangnan Shipyard Group. The design features the GTT Mark III Flex cargo containment system developed in

Chinas move to impose tariffs on U.S. liquefied natural gas (LNG) imperils the ability of a burgeoning industry to export the bounty of American shale. To retaliate against new Trump administration tariffs on $200 billion in Chinese goods,

Wallem Group yesterday announced that Frank Coles would take the helm from the end of October 2018. The announcement comes four months after the incumbent, Simon Doughtys unexpected decision to step down after seven years in the top post. M

At the International Union of Marine Insurers annual conference in Cape Town, South Africa on Tuesday, it was the turn of the Cargo Committee chair, Sean Dalton to present a picture of increasing risks to a class of business that has been i

Chinas iron ore futures closed higher on Wednesday. The most active contract for January 2019 delivery ended the day session up 0.2 percent at 504.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investor

Fujians exports and imports jumped 7.6 percent year-on year to 821.5 billion yuan($119.7 billion) from January to August this year, statistics from the Xiamen Customs show. Over the period, the imports stood at roughly 500 billion yuan, up

1.According to GAC,pilot services in Hong Kong are being resumed from 17 September,after the departure of former Typhoon Mangkhut.Priority is being given to container ships berthing at Kwai Chung/Tsing Yi Terminals. 2.China will roll out ne

Leading classification society DNV GL has awarded Chinese shipyard Jiangnan with an Approval in Principle (AiP) for the design of a 93,000-cubic meter (cbm) very large ethane carrier. Johan Petter Tutturen, Business Director Gas Carriers, D

COSCO Shipping Ports (CSP) container volumes in August rose by 12 per cent year on year to 8.7 million TEU on the back of strong growth at its northern China ports, with box throughput at its terminals in the Bohai Rim region rising 22 per

China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the worlds second-largest LNG seller.

IBIA welcomes signs that work may soon get underway on developing a new chapter specifically for oil-based fuels with a flashpoint below 60C within the context of the IGF Code, which would simplify the process for ships to demonstrate that

Cruise Industry News has released a new report outlining the latest developments in the Chinese and Asia-Pacific cruise markets, the 2019 China Market Report. The 118-page report, available here as a PDF download , goes in-depth into China