Chinas crude oil futures settled higher on Monday. The main crude contract for December delivery was up 0.47 percent to 573.1 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first yuan-

Chinas container transport for export purposes gained momentum in September, according to new data from the Shanghai Shipping Exchange. The average China Export Containerized Freight Index stood at 853.97 points in September, up 2.9 percent

1.China launched a new marine satellite into orbit earlier this month,aiming to enhance the understanding of maritime waters and climate change.Specifically,the satellite will provide with data for research on the global oceans environment.

The imported iron ore market fluctuated generally today and the spot price at ports remained unchanged from yesterday. In Shandong, PB fines, MAC fines, Jimblebar fines, Ukrainian concentrate and Robe River fines quoted at RMB538/tonne, RMB

Hong Kong-based Oriental Overseas Container Line, part of Cosco Shipping, has no plans to employ marine scrubbers on its fleet of containerships. Instead it will use low sulphur fuel to meet the demands of the new IMO Sulphur cap regulation

Taiwan shipping company Wan Hai Lines has joined INTTRA, the neutral network, software and information provider at the center of the ocean industry. This addition means INTTRA is now working with the top 12 carriers, said the company. Accor

There are less than 15 months to go until the one of the marine industrys biggest regulatory changes. However, despite the proximity to the IMOs 0.50 per cent sulphur cap in 2020, owners and operators continue to grapple with concerns about

In one month Hong Kong will host the 6th Sustainable Ocean Summit Organized by the World Ocean Council (WOC), the Sustainable Ocean Summit is the only international ocean business event to provide a yearly review of status and trends in oce

HONG KONGs Orient Overseas Container Line (OOCL) will introduce a new China-US Gulf service, namely the Gulf Coast China 2 (GCC2) with direct calls to Houston and Mobile from October 28. Effective that date, the GCC2 will commence with the

China National Offshore Oil Corp (CNOOC) said on Friday that it would bolster its liquefied natural gas storage facilities to ensure adequate supplies of the clean fuel to northern parts of the country this winter. The company enlarged the

An IMO sub-committee has completed draft interim guidelines for the safety of ships using methyl/ethyl alcohol as fuel, setting them on course for formal approval by the IMOs Maritime Safety Committee (MSC) in 2020. The goal of these guidel

Chinas iron ore futures closed higher on Friday. The most active contract for January 2019 delivery ended the day session up 0.59 percent at 515 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors si

Dear Master, Welcome to Xiamen! Port of Xiamen is located in south of Fujian Province. Poor weather conditions (thick fog, typhoons, monsoon wind etc.) can pose a threat to safe navigation. Many navigational traffic accidents occur througho

A Japanese and a Chinese shipbuilding group have today signed a joint venture, set to start in April 2019, to build and sell merchant ships. Mitsui ES Shipbuilding Co., Ltd. (Head Office: Tokyo, President and CEO: Tetsuro Koga), in partners

1.Satellite operator Intelsat has announced a new partnership with Shenzen-based APT Mobile Satcom Ltd,which will see APT become the first Chinese provider of maritime Ku-band VSAT services running on the IntelsatOne Flex platform. 2.Health