It is a concept which could boost global seaborne trade by assisting economic progress in many countries. Chinas 21st Century Maritime Silk Road has attracted great interest internationally, intensified by other possible impacts of the plan

1.Worldwide Cruise Terminals, manager and operator of Hong Kong’s Kai Tak Cruise Terminal, signed a tripartite memorandum of understanding with the Hong Kong University of Professional. 2.China's Yangzijiang Shipbuilding won ord

Over half of shipowners and operators said their fleets were unprepared for the 2020 sulphur cap regulations, according to an informal poll conducted by class society ABS. ABS cited the poll as the group released an updated advisory on mari

Greater scope for cooperation with member states of SCO Chinas rising demand for non-polluting natural gas is expected to spur trade ties with the member states of the Shanghai Cooperation Organization, analysts said. Gas-rich countries inc

An international symposium on marine engineering technologies was held in Yantai, East Chinas Shandong province on June 7. Some 100 experts from China, United States, Ukraine, Norway, Sweden, Germany and other countries took apart and held

Global trade of liquefied natural gas saw record growth last year amid a boom in U.S. energy production that allowed Houstons Cheniere Energy to ramp up exports to meet growing demand in Asia and elsewhere. Trade volumes reached 38.2 billio

U.S. oil prices settled higher on Monday as comments from the Iraqi oil minister cast doubt over a possible output increase by the Organization of the Petroleum Exporting Countries (OPEC) producers. Iraqs oil minister Jabar al-Luaibi said o

On 4 June 2018, the 26th Posidonia International Shipping Exhibition kicked off in Athens, the capital of Greece.Greek Prime Minister Alexis Tsipras attended the opening ceremony and Zou Xiaoli, the Chinese ambassador to Greece, visited the

1.China has offered to purchase nearly US$70 billion of energy, agricultural and manufactured products from the US in the first year of a deal that would require the Trump administration to suspend tariffs on Chinese products. 2.G

Worldwide Cruise Terminals, manager and operator of Hong Kongs Kai Tak Cruise Terminal, signed a tripartite memorandum of understanding with the Hong Kong University of Professional and Continuing Education programme and the University of P

Chinas Yangzijiang Shipbuilding won orders for nine vessels worth US$578 million in May. The vessels are scheduled for delivery in 2020 and 2021. The nine vessels comprise five 12,000 TEU containerships, two 208,000 dwt bulk carriers and tw

Chinas Tangshan port logged 247.93 million tonnes in cargo handling over January-May this year, a year-on-year increase of 8.11%. Coal handling stood at 95.01 million tonnes in the first five months, increasing 41.88% from the preceding yea

A total of 15 steel makers, mainly in eastern and northern China, lifted steel products prices on June 7, spurred by bullish outlook in a rising market. Shandong Laigang Yongfeng Iron and Steel Co., Ltd in eastern China adjusted up rebar pr

Russian giant Gazprom and its Chinese partner CNPC discussed the issues regarding cooperation in the gas sector, including the status of the project for gas supplies via the eastern route (Power of Siberia). It was noted that the project wa

Zhanjiang Port Group broke its previous record by handling 89,000 twenty-foot equivalent units (TEU) in May, up 24 percent year-on-year. The companys efforts to foster new business formats are seeing results, as the number of containers tra