1.Hong Kong-Taiwanese intra-Asia container line,TS Lines is set to issue an initial public offering (IPO) in Hong Kong. 2.Chinas Dalian Shipbuilding Industry Company and DNV GL said on Wednesday that they signed a joint development project

Chinas imported iron ore spot prices fluctuated at a small range with prices of partial specifications increased by RMB3-5/tonne. Expected for the rising market, some traders have sentiment of firming the lump price up. Traders said that th

DNV GL and Menon Economics announced that China is the top international shipping nation according to their new report The Leading Maritime Nations of the World, which was presented at the SMM trade fair in Hamburg today. The study benchmar

Classification society DNV GL granted approval in principle to Jiangnan Shipyards new liquefied natural gas (LNG) carrier design. The design was developed by the Chinese shipyard in cooperation with ship designer MARIC, GTT, DNV GL and majo

Chinas Dalian Shipbuilding Industry Company and classification society DNV GL said on Wednesday that they signed a joint development project agreement to develop a new 23,000 TEU LNG-fuelled ultra large container vessel. The project is focu

COSCO Shipping Lines reported a 12.4 per cent year-on-year increase in throughput in the first of half 2018, citing economies of scale and improved management as volumes hit 11.24 million TEU. The carrier also announced a 15.8 per cent incr

Norway-based Torgy LNG has signed a deal with Chinas Cosco Shipping Heavy Industry to build a liquefied natural gas (LNG) tank mock-up as a pilot project. The mock-up will help Torgy LNG to provide package services to the potential user inc

Hong Kongs Orient Overseas Container Line has swept up yet another award for its work in environmental sustainability. On 30 August, the company took the 2018 Singapore Environmental Achievement Award (regional) at a ceremony held by the Si

Hong Kong-Taiwanese intra-Asia container line, TS Lines is set to issue an initial public offering (IPO) in Hong Kong. Hong Kongs reputation as a premier regional maritime hub together with its lower corporate tax rates has been the decidin

Singapore Taiwanese refiners have been relentless in buying US crude oil over the recent few trading cycles, a new arbitrage trade pattern that could potentially push the island state into the ranking of top three buyers of North American o

Chinas imported iron ore spot prices remained changed in the morning affected by the strong futures market. Prices of partial specifications increased by RMB5/tonne. In Shandong, prices of Newman fine, Ukraine concentrate fines, PB fines, S

Huangpu-Wenchong Shipyard (HPWS) announced that a 2,750 TEU feeder container ship for China Navigation will be the 200th DNV GL classified ship. A press release said that the cooperation between DNV GL and HPWS dates back to 1996 and covers

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.CNOOC said the company will increase investment in its exis

Hong Kong-based Orient Overseas Container Line announced another milestone in its efforts to combat green house gas emissions in its operations and the day-to-day running of its businesses. As part of the companys long-term commitment to pr

The production of Viking Lines new passenger cruise ship started at the Xiamen Shipbuilding Industry (XSI) shipyard in China. The first steel plates are being cut in the traditional Steel Cutting ceremony. The new vessel will be one of the