Navig8 Product 2020, an international shipping company focused on the transportation of CPP, announced that it has taken delivery of the Navig8 Pride LHJ. A 110,600 DWT scrubber-fitted LR2 tanker from New Times Shipbuilding Co., Ltd., it is

Cargo shipping giant Maersk and IBM today announced TradeLens, a technology that applies blockchain to the global supply chain. TradeLens takes advantage of blockchain, the decentralized public ledger behind such tech as cryptocurrency to e

JSW Steel on August 7 said its crude steel output grew 8% to 1.4 million tonnes during July 2018. The Sajjan Jindal-led company had produced 1.3 million tonnes crude steel in July 2017, it said in a statement. The company also registered 41

Chinese bulker operator Ningbo Marine has entered into a new contract with Zhejiang Zheneng Fuxing Fuel for coal shipping services. The contract is for a period of three years and is an extension of a three-year contract the two parties sig

Chinas iron ore futures ended higher on Thursday. The most active contract for September delivery finished the day session up 1.49 percent at 510 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors s

A number of large ships fully loaded with cargo have passed through Taicang Port over the years, contributing to the high throughput of the port. From January to June of 2018, the total container throughput of Taicang Port, with a total of

In an exclusive interview, the deputy director of the Hong Kong Marine Department, SF Wong, discusses initiatives to meet customer expectations, the latest campaign to overcome chronic staff shortages, and the chances of creating overseas o

China National Offshore Oil Corporation (CNOOC) has begun production from two infill wells in the Weizhou 12-8 fields in the Beibu Gulf offshore China. Horizon Oil, a partner of CNOOC on the Beibu Gulf project, said on Wednesday that the co

Chinas exports surged more than expected in July despite U.S. duties and its closely watched surplus with the United States remained near record highs, as the worlds two major economic powers ramp up a bitter dispute that some fear could de

Chinas imported iron ore market gradually stabilize after unexpected rally in the past two days. Traders continue to hold quotations firm owing to favorable transaction recently. Iron ore futures closes lower, while traders reckon theres li

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