1.Chinese cargo ship Tian En,which is the first ice-class cargo ship developed by COSCO set sail from east China's Lianyungang City in Jiangsu Province to a European port on Saturday by the northeast passage of the Arctic shipping ro

Oil markets started cautiously on Tuesday, as many traders in Asia were reluctant to take on new positions ahead of the introduction of US sanctions against major crude exporter Iran. Spot Brent crude oil futures LCOc1 were at 73.74 US doll

The image from Internet for reference only. The first ice-class cargo ship developed by China COSCO Shipping Corporation Limited has a unique way of ensuring voyage safety, with all movable items on board fastened to make sure that they wil

The Port of Singapore has played a pivot role in the cooperation between China and Singapore over the past few years. The Port of Singapore lies along the southern Singapore island, with the Strait of Malacca on its west and Singapore Strai

The Hong Kong Maritime and Port Board is issuing invitations to join this years Hong Kong Maritime Week Orienteering Race 2018. Last years race kicked off Hong Kong Maritime Week 2017 by attracting more than 700 participants in the largest

The container shipping world has been cheered by rising spot rates on Shanghai Containerised Freight Index (SCFI) and is now looking forward to a profitable peak season, reports Londons Loadstar. The index, which collates rates quoted, show

Chinas imported iron ore market inches higher on expectation. Iron ore and steel futures market remains buoyant owing to bullish outlook among market participants following news about potential pollutant control measures in heating season.

Norwegian contractor Prosafe and COSCO Shipping (Qidong) Offshore Co have come to an agreement on three newbuild offshore accomodation units being built in China. Prosafe has reached agreements with COSCO and its lenders which will transfor

Chinas targeting of U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing U.S. energy export prowess. China included LNG for the f

The top three containerlines in Taiwan - Evergreen, Yang Ming and Wan Hai - are close to contracting for up to 50 feeder vessels, according to Alphaliner and Braemar ACM. The worlds seventh largest boxline, Evergreen, is tendering for two s

Chinese cargo ship Tian En set sail from east Chinas Lianyungang City in Jiangsu Province to a European port on Saturday by the northeast passage of the Arctic shipping routes. Tian En, which carries export products of wind power equipment,

Shanghai rebar steel futures climbed almost 2% on August 3 to near a 5-and-a-half-year high amid Chinas plans to impose industrial production curbs during winter for the second year in a row. Coke prices jumped more than 5% on the planned r

Oil prices went down on Friday amid rising supplies from countries including Russia and Saudi Arabia. Russia and key OPEC (Organization of the Petroleum Exporting Countries) members such as Saudi Arabia and Kuwait have all increased product

Orient Overseas (International) Ltd, the parent company of Orient Overseas Container Line, has unveiled a loss as following its new status as a part of Cosco Shipping. For the first six months of 2018, OOIL and its subsidiaries recorded a l

1.Since bottoming out in late March this year, the container spot rate index out of China has soared and has now reached its highest level since the summer 2017. 2.The new board of directors of OOCL was established, and Lirong,Xu was