Oil prices decreased on Friday as major crude producers were reportedly considering to ease the production limits they put in place last year. The West Texas Intermediate (WTI) for July delivery decreased 2.83 U.S. dollars to settle at 67.8

Chinese space tracking ship Yuanwang-3 has returned to port in east Chinas Jiangsu Province after completing a three-month maritime space monitoring mission. The ship docked at a port in Jiangyin City, Jiangsu Province on Friday. The missio

During the SMM advance press conference, experts and top-flight industry representatives gave a preview of the topics that will be in focus at the leading international maritime trade fair in Hamburg from 4 to 7 September. Top items on the

Chinese steel and iron ore futures rose on May 25, with concerns over demand easing amid declining steel inventories in the worlds top producer of the material. Stockpiles of rebar construction steel at traders had this week fallen 410,000

Arthur Bowring finally retired from duty on a splendid night of celebration and accolades at the Renaissance Harbour View on 24 May. Many of Hong Kong Maritimes leading lights gathered at the hotel to wish Mr Bowring a happy retirement foll

The Hong Kong Shipowners Association (HKSOA) has voiced its support for the recommendations contained in the Maritime Leasing Paper that was published by the Financial Services Development Council (FSDC) and concerns the long-term growth of

With the IMOs 2020 global sulphur cap coming ever closer, LNG as a marine fuel is gaining more and more interest, and the supply side is responding with the number of bunkering vessels expected to double by 2020. In his comment on the curre

Chinas spot market remained firm, as futures market and derivative markets remained buoyant, leading to more active trades from steel mills. Traders held prices stable but had desire to hike prices. Todays inquiries focused on mainstream ir

1.Seven people are missing after a ship sank in seas off east China's Shandong Province, local authorities said Wednesday. 2.China National Offshore Oil Corp. (CNOOC) said its Guangdong Dapeng LNG terminal hit a milestone of unloading and

Recently, the office of Shanghai combined-port management committee took the lead in launching the "pilot port areas for shore power application" in the Yangtze river delta ship emission control area,making the Shanghai Wusong international

Supply and Demand in the bulk transport sectors will define the course line ahead. Less ships and more cargo will be the key. The drybulk sector where iron ore, coal, grain and other raw materials dominate is still wrestling with a decade-l

Chinas Ministry of Commerce on Wednesday published the names of 11 private refineries with a plan to allow them to directly import crude oil. The ministry said it has examined the firms applications and found them in accordance with require

The signing ceremony of the strategic cooperation agreement between Tianjin Port Group and China National Heavy Duty Truck Group The same day of the opening of the 2nd World Intelligence Congress, Tianjin Port Group signed a strategic coope

The Hong Kong Shipowners Association yesterday echoed a call for top to bottom reform of the territorys maritime sector, issued by the Financial Services Development Council on Monday. The HKSOA shares the FSDCs concern that Hong Kong must

The newly elected President of The Nautical Institute, Captain Nick Nash FNI FRIN FRGS has pledged to help in its efforts to improve standards of shiphandling and bridge resource management (BRM). Captain Nash is Senior Master for Carnival