1.Several marine incidents in China are reported to involve merchant vessels inadvertently entering fish farms, off the coast of Lanshan in the Shandong Province. Huatai Insurance Agency handled overall 71 fishery farm entry claims i

LONDON-based consultant Drewry forecasts that world container port throughput will increase by 240 million TEU, from about 745 million TEU at present to 985 million TEU by 2020. The medium-term outlook for global container port demand growt

China-US trade volume totaled 2.29 trillion yuan ($335 billion) in the first seven months, up 5.2 percent, accounting for 13.7 percent of the countrys total trade volume. China-US trade surplus increased 6.4 percent to 1.04 trillion yuan th

Chinas crude oil imports recovered slightly in July after falling for the previous two months, but were still among the lowest this year due to a drop-off in demand from the countrys smaller independent, or teapot, refineries. Crude shipmen

Chinese privately-owned gas distributor ENN has received the first liquefied natural gas cargo at its newly-built Zhoushan receiving terminal in Zhejiang province. The Zhoushan facility with a capacity of 3 million tonnes per annum is China

Chinese state-owned oil company Sinopec said on August 6 that it is constructing over a dozen natural gas storage facilities in northern Chinas Henan Province, aiming to ease gas supply shortage in winter. The company said on its website th

China has decided to impose an additional tariff of 25 percent on 16 billion dollars worth of US goods, the Customs Tariff Commission of the Chinese State Council announced on Wednesday. The decision followed the US announcement earlier tha

Oil prices slumped on Wednesday as official data showed a smaller-than-anticipated drop in American crude stockpiles. U.S. crude oil inventories fell by 1.4 million barrels to 407.4 million last week, well below the 3-million drop forecast

The first ice-class cargo ship, Tian En, refueled in Busan, a port city in South Korea, on Monday. Tian En, carrying wind power equipment, set sail from east Chinas Lianyungang City in Jiangsu Province to a European port on Saturday. At 10:

1.OOCL will continue to operate independently upon closing of the US$6.3bn acquisition by COSCO Shipping,which will make the Chinese carrier the world’s third largest shipping line. 2.The Hong Kong Maritime and Port Board is issuing

The merger of Orient Overseas (International) Limited (OOIL) and COSCO Shipping Holdings offers can effectively combine the respective strengths of both and optimize our global network, thereby achieving greater economies of scale and syner

New ship designs and dredging will open the river up to larger vessels. Xing Yi and Liu Kun report from Wuhan. As the point at which two of the countrys major transport routes－the north-to-south Beijing-Guangzhou rail line and the Yangtze

Chinas imported iron ore market extends upward trend on sentiment. Traders continue to hold up quotations following favorable transactions yesterday, both in volumes and prices. In light of inquiries, steel mills are not very acceptable for

A new race to build multi-billion dollar liquefied natural gas (LNG) plants is gaining momentum after a long hiatus in investments as energy giants sense a widening supply gap within five years. Spending on new, complex facilities that supe

Liberia continues to deploy significant improvements to its state-of-the-art web-based client interface system, WayPoint, by enhancing certificate security features, introducing a QR Code symbol for electronic certificates and streamlining