The shipping industry - as represented by its international trade associations (BIMCO, ICS, INTERCARGO, INTERTANKO and WSC) - calls on the Member States of the International Maritime Organization (IMO) to make progress on key challenges aro

Mitsui O.S.K. Lines, Ltd. (MOL; President CEO: Junichiro Ikeda) yesterday announced that it jointly hosted the Shanghai LNG Forum 2018 with COSCO Shipping Energy Transportation Co., Ltd. (CSET) and Shanghai Maritime University. The keywords

In a quick response to U.S. tariffs, Beijing announced on Friday its own duties on American products, including the politically sensitive areas of agriculture products and automobiles. The Chinese State Councils commission on tariffs and cu

Imported iron ore market remains firm in the morning and partial traders are inclined to raise quotations for mainstream iron ore lumps due to good demand; most traders tend to focus on sales. Steel mills in North China are active in inquir

1.Recently, the ministry of transport, the national development and reform commission issued that partial port charges will start from June 20, 2018. 2.Investments in LNG have far to go for smaller ports,according to a new report, pre

On the morning of June 15, 2018, Jiangsu Zhejiang Shipyard started steel cutting of the first dual-fuel power (LNG/ fuel) ASD dual-purpose tugboat constructed for the port of Zhoushan in Ningbo.This is another China first project built by J

TAIWANs Evergreen is expanding its container transport choices for customers between Asia and Australia by teaming up with Hyundai Merchant Marine (HMM) and APL to provide a new weekly Central South China-Australia Express (CAE) service. Fi

HONG KONGs Orient Overseas Container Line (OOCL) has announced various changes in its intra-Asia loops on north-south runs to come into effect in July and August. First there is a change in its A3 product to provide more competitive service

The global shipping industry as represented by its international trade associations (BIMCO, International Chamber of Shipping, INTERCARGO, INTERTANKO and the World Shipping Council) have and an urgent call on the Member States of the Intern

Oil prices ended higher on Monday as investors were awaiting the upcoming OPEC (Organization of the Petroleum Exporting Countries) meeting. The West Texas Intermediate for July delivery was up 0.79 dollar to settle at 65.85 U.S. dollars a b

China National Petroleum Corporation (CNPC) launched its direct LNG supply business in Fujian, netting the first contract with the Shuguang Iron Steel company. In 2017, the steelmaker opted to use natural gas instead of coal in its producti

Thermal coal and gas prices have coursed into a bull run, propelled by particularly strong demand across Asia, where electricity consumption is surging thanks to healthy economic growth just as seasonal needs rise with the onset of summer.

1.Both, consumption and production of natural gas increased during 2017, considered a bumper year for natural gas, according to BPs Statistical Review of World Energy for 2017. 2.Clive Beesley, director at marine claims consultancy C Soluti

1.In general, China's marine ecology was ranked "good" last year, but offshore waters are still threatened by acute environmental problems, according to a report released on March 19 by the State Oceanic Administration. 2.China Na

Imported iron ore market remained firm in the morning and most traders were inclined to raise quotations for mainstream iron ore lumps shored up by buoyant futures market and strong demand; individual traders were eager to boost sales but c