German marine transportation specialist United Heavy Lift has said it has taken the management of a new the newly built DP2 Deck Carrier Vessel, MV Zhi Xian Zhi Xing from Shanghai-based Zhixian Transportation. The German firm has also manag

1.Lloyd’s Register granted the approval in principle (AiP) to Shanghai Waigaoqiao Shipbuilding for its LNG dual-fueled 210,000 DWT bulk carrier design. 2.China's bulk commodity market continued to grow in May with stable expansion in s

51 foreign investors have taken advantage of the opportunity to enter the Chinese market for iron ore futures since the opening up of trades for foreign investors on the Dalian Commodity Exchange (DCE). The move aims to play a piloting and

Tiankun, Asias largest dredger, is expected to begin its first sea trial on Friday, a signal of Chinas improving capability in island building, Chinese experts said on Thursday. The trial, which will take place in waters near Qidong, East C

Chinas deep-sea exploration equipment is expected to systematically explore the South China Sea in 2020, a scientist said on Thursday. The one year global expedition of Jiaolong is scheduled to begin in June 2020 and includes more than 10 c

Damen Marine Components (DMC), part of Dutch group Damen Shipyards, said its production facility in Jiangyin, China, has received the official ISO 9001-2015 and ISO 14001-2015 certification following an audit earlier this year. DMC has had

Oil prices ended higher on Thursday amid rising concerns about the sharp decline in crude exports from Venezuela. The West Texas Intermediate for July delivery added 1.22 U.S. dollars to settle at 65.95 dollars a barrel on the New York Merc

Chinas spot iron ore prices at ports edge up by RMB5-10/tonne shored up by buoyant futures market. Steel mills tend to wait and watch, with some buying interest for mainstream high grade iron ore resources. Spot iron ore market is relativel

1.Elite Cruises could start service from Qingdao, China, by the end of this year, adding another player to a dynamic Chinese cruise market. 2.China Customs demands shippers submit cargo data.Shippers of imports, exports and transshipment

Lloyds Register granted the approval in principle (AiP) to Shanghai Waigaoqiao Shipbuilding for its LNG dual-fueled 210,000 DWT bulk carrier design. The two companies agreed to jointly develop the design, with Shanghai Waigaoqiao Shipbuildi

All vessels, regardless of whether they are autonomous or not, should comply with the COLREGs, said Captain Ghulam Hussain FNI, head of The Nautical Institutes delegation to the IMO as the debate into MASS started in earnest at the organiza

BEIJING - Chinas bulk commodity market continued to grow in May with stable expansion in supply and sales, industrial data showed. The China Bulk Merchandise Index (CBMI), a gauge of domestic bulk commodity market growth, stood at 103.3 per

Oil prices ended lower on Wednesday after official data showed U.S. crude stockpiles rose more than expected last week. The West Texas Intermediate for July delivery lost 0.79 U.S. dollar to settle at 64.73 dollars a barrel on the New York

The Guangzhou Cruise Development Roundtable saw key Chinese cruise market stakeholders come together to discuss the importance of developing the south China market, contributing ideas to develop the cruise industry in Guangzhou. South China

Chinas top oil and gas company CNPC is considering taking over Totals stake in a giant Iranian gas project if the French company leaves Iran to comply with any new U.S. sanctions, industry sources said. Total signed the $1 billion deal to d