Chinas spot iron ore prices at ports edged downwards as the pessimistic attitude dominated among market players. Steel mills inquiry is not active. Spot price for 61.5%-Fe PB fines is set at RMB463/wmt at Qingdao Port, including RMB35/tonne

China National Offshore Oil Corp. (CNOOC) said its Guangdong Dapeng LNG terminal hit a milestone of unloading and regasifying over 60 million tons of the chilled fuel. The facilitys current capacity is at 7.7 million tons per year, CNOOC sa

Seven people are missing after a ship sank in seas off east Chinas Shandong Province, local authorities said Wednesday. The ship registered in Henan Province with 11 on board sank at around 6 a.m. Tuesday in the north Yellow Sea, said city

COSCO Shipping Ports (CSP) aims to provide more effective and efficient supply chain services through a new alliance with GLP China Holdings Limited and Eshipping Global Supply Chain Management (Shenzhen) Company Limited. The three companie

A Chinese diplomat said on Saturday good progress was being made on negotiations with the Tanzanian government on the $10 billion Bagamoyo megaport and special economic zone, paving the way for the long-delayed construction work to begin. N

There could be a shortage of scrubbers resulting in a worldwide shortage of heavy fuel oil (HFO) after 2020 when IMOs sulphur cap comes into effect, warned Alfa Laval vice president Niclas Dahl, who heads its marine separation and heat tran

Hong Kongs Financial Services Development Councils research paper, released on 21 May with a raft of proposals to develop the territorys maritime cluster, is a brave and direct challenge to arch rival Singapore. It is hard to deny that Sing

In the joint statement issued after the US-China trade talks on May 17-18, China pledged to significantly increase purchases of US goods and services. But there is a caveat to such a commitment: the products and services from the US, or any

Chinas spot iron ore prices at ports stay unchanged mainly today. Influenced by slack futures market, most mills are in wait-and-see mode and traders are not eager for procurement; Steel mills inquiry is not active so far. Spot price for 61

1.China's scientific research ship, Xiangyanghong 01, returned to the port of Qingdao City, east China's Shandong Province on Friday after completing the first around-the-world maritime research that integrated oceanic and polar research.

OOCL has received the 2017 Hong Kong Awards for Environmental Excellence (HKAEE) Gold Award in the Transport and Logistics Sector category at a ceremony held at the Hong Kong Convention and Exhibition Centre. The HKAEE encourages businesses

One 3824kW ASD tugboat named Da Gun Lun 1 which was designed and built by Jiangsu Zhenjiang Shipyard for Tianjin linGang Shipping Co.,Ltd was delivered successfully，starting the sail smoothly. This ship was the first ASD tugboat in China

CPC Corporation Taiwan (CPC) is claiming to be the first company to operate diesel electric-powered tankers over 500 dwt. The 2,900 dwt Chung Yu No 21 and Chung Yu No 22 were built specifically to deliver bunkers in the port of Kaohsiung. E

In a paper issued on Monday the Financial Services Development Council has set out a series of radical proposals, which aim to enhance Hong Kong as a competitive maritime centre. Chief among the proposals are tax concessions for maritime an

Steel prices in China are showing signs of recovering as market demand picked up in April, but continued excessive supply in the industry will keep a lid on price rises in the long run, the latest data from an industry association showed.