Four million tons of liquefied natural gas (LNG) will be directly shipped to China annually starting from 2019 via Russias Northern Sea Route, which becomes Chinas new source of clean energy. The first tanker carrying LNG from Yamal Pennisu

Iron ore spot markets remain quiet, showing little reaction to news that Chinese policymakers are moving to shore up economic growth. The price for benchmark 62% fines slipped 0.3% to $65.57/t on July 24, according to Metal Bulletin, pullin

1.China's LNG price jumped by 11.1% from ten days ago to 4321.7 yuan/t ($633.5/t) over July 11-20, showed data from the National Bureau of Statistics (NBS) on July 24. 2.General Electric (China) signed a memorandum of cooperation with

China National Petroleum Corp (CNPC) said on July 25 it will spend more than 150 billion yuan ($22 billion) by 2020 to boost oil and gas output in the western region of Xinjiang, to offset falling output from ageing fields in northeast Chin

The total value of Yantais imports and exports reached 140.3 billion yuan ($21.9 billion) in the first six months of 2018, placing it second in Shandong province, according to statistics from Yantai Customs. Yantai, a coastal city in East C

Lessons Learned It is well known that since the global financial crisis of 2008-09 and the ensuing recession, the shipping industry has suffered heavily from overcapacity of ships and insufficient demand for cargoes, leading to downward pre

The agreement by major PSC regimes to conduct concentrated inspection campaigns on compliance with MARPOL Annex VI on the prevention of air pollution from ships serves as a timely reminder ahead of the entry into force of the 2020 global su

40 incidents reported to #ReCAAP ISC from January to June 2018, marking 15% year-on-Year decrease, and the lowest in number among 10-Year Period of January to June. Full Half-Yearly 2018 Report at https://lnkd.in/f3AFNuv. ReCAAP ISC Half Ye

Evergas is very pleased to announce that the first 85.000cbm VLEC was successfully undocked in China and will be delivered in the first quarter of 2019. Following the successful undocking of the first VLEC, the steel cutting of the second v

Malta: The EU must act in the Interest of its Maritime Stakeholders I am pro-EU, but it is disappointing when EU regulations and bureaucracy do not act in the interest of its maritime stakeholders, says John Gauci-Maistre, organiser of the

Tighter rules on shipping emissions around Chinas coastlines from the start of next year is a clear sign the worlds No. 2 economy will strive for 100 percent compliance when the global sulphur emissions cap starts in 2020, consultants Wood

Chinas imported iron ore market remains buoyant. After a downward fluctuation in futures market in early morning, iron ore futures show signs of moving upwards. Boosted by bullish steel market and shored up by production control, iron ore p

General Electric (China) signed a memorandum of cooperation with Guangzhou Development District on July 19 to set up the first offshore wind power operation and development center in the Asia Pacific region. The center will be responsible f

Genting Cruise Lines has signed on as a platinum sponsor of China Cruise Shipping 13 (CCS), organized by the China Cruise and Yacht Industry Association (CCYIA) and scheduled to take place in Shenzhen, Nov. 1-3. The two parties recently sig

Chinas LNG price jumped by 11.1% from ten days ago to 4321.7 yuan/t ($633.5/t) over July 11-20, showed data from the National Bureau of Statistics (NBS) on July 24. During the same period, the price of LPG stood at 4484.2 yuan/t, increasing