Move toward energy efficiency, quality to drive down gasoline, diesel usage Despite oil demand rising 5.5 percent year-on-year to 11.77 million barrels per day in 2017, oil consumption, including gasoline and diesel, is expected to fall gra

Xiamen port in East Chinas Fujian province will open 10 more cruise routes to economies participating in the Belt and Road Initiative in the second half of this year, as part of its broader efforts to bolster ties with them. Xiamen port pla

Chinese research ship Xiangyanghong 10 returned to China on Sunday with fruitful results after completing the nations 49th ocean expedition. The ship docked at Changzhi Island pier in Zhoushan, east Chinas Zhejiang Province. Xiangyanghong 1

China imported a record amount of coal in the month of July to cope with the robust demand by electricity generation due to high temperatures, according to the General Administration of Customs (GAC). This is a new record in four years and

Yang Ming Marine Transport Corp. (Yang Ming), widely recognized as an excellent service provider, was named Provider of the Year on 18th July, 2018 by Target Corporation, the second-largest department store retailer and importer of containe

The China National Offshore Oil Corporation (CNOOC) in alliance with the Ugandan government has launched a welders certification program to train and prepare nationals for the countrys prospective oil industry. Uganda is expected to begin o

1.Panama and China begin negotiations to sign a memorandum.The Minister of Maritime Affairs and Administrator of the Panama Maritime Authority (AMP), Jorge Barakat Pitty,together with his management team,held a meeting with the Minis

The Maritime and Port Authority of Singapore (MPA) will host the 36th ASEAN Maritime Transport Working Group Meeting (MTWG) and the 12th Meeting on ASEAN-China Maritime Consultation Mechanism (ACMCM) from 13 to 16 August 2018. The MTWG is t

The imported iron ore market shocked to the weak trend today, leading to the stable quotations in the morning. While partial specific specifications increased by RMB2-5/wmt today. Specifically, prices of PB fines in Shandong quoted at RMB50

Chinas Ministry of Transport said on Friday it is soliciting feedback from oil companies, shipowners and port associations, and marine authorities for a plan to use liquefied natural gas (LNG) as a marine bunker fuel. China will expedite th

Trade initiative helps Mawei bag major orders Fujian Mawei Shipbuilding Ltd, the largest ship maker in Fujian province, has seen a remarkable growth in orders from overseas clients since China announced its Belt and Road Initiative, a top o

BEIJING - With steady export growth in China, container transport for export purposes gained momentum in July, according to data from the Shanghai Shipping Exchange. The average China Export Containerized Freight Index stood at 820.31 point

Waves gently pat the hull of COSCO Netherlands, a giant merchant vessel which is sailing on the Indian Ocean towards Greece and plans to finally reach Valencia, Spain on Aug. 31. It is the first time for the multifunctional vessel, which is

Modern Terminals Limited today announced its participation as a Network Member in TradeLens, jointly developed by A.P. Moller Maersk and IBM to apply blockchain to the worlds global supply chain. TradeLens seeks to digitize and streamline p

International law firm CMS is continuing its Hong Kong expansion with the appointment of two esteemed Insurance partners to associated Hong Kong firm Shirley Lau Co. LLP. Dual-qualified Andrew Horton and Steven Wise will join the firm from