Orient Overseas International, parent of Orient Overseas Container Line, yesterday released a positive first quarter update with all trades showing an upward swing.

COSCO Shipping Holdings Co Ltd announced that net profit for the first quarter of the year ending March 31, 2018, has fallen 33 per cent to CNY181 million (US$28.3 million) from CNY270 million in the same period last year.

Morning offers of traders basically held stable today, with strong wait-and-see attitude among market participants. On the one hand, steel mills are not so active to make purchases in recent days. On the other hand, futures and derivatives m

A look of incredulity when explaining the technology behind her company’s nitrous oxide (NOx) reduction solution is nothing new to Blue Ocean Solutions’ Kaisa Honkanen.

Introduction of overseas dealers to help develop widely accepted benchmark.China will introduce overseas traders to the domestic iron ore futures market at the Dalian Commodity Exchange from May 4, which is expected to help develop a widely

The European Union's new rules against countries dumping cheap goods on its market got a rough ride at a World Trade Organisation meeting with China, Russia and Saudi Arabia disapproving.

HONG Kong's Orient Overseas Container Line (OOCL) is to launch a new "JKH" service from the second half of May, 2018, linking Hong Kong and South China to Japan.

The 50th Offshore Technology Conference (OTC) kicked off in Houston on Monday amid recovering oil prices — the current price of around $70 a barrel is more than double its lowest point since the 2014 oil bust.

A Chinese-built Very Large Ore Carrier (VLOC) left a port in east China Monday, officially kicking off its maiden voyage.

The construction project of Brazilian Port of Sao Luis is progressing smoothly, which will create 3,000 jobs when it is completed.

MSC Cruises is on the growth path in China, announcing today that the new MSC Bellissima will be based in China and Asia-Pacific starting in 2020.

Thordon Bearings, of Burlington, Ontario, Canada, has received an order to supply four comprehensive shipsets of stern gear for a new class of towboat.

Wintermar Offshore Marine (WINS.JK) has announced 1Q2018 results. Driven by an improvement in vessel utilization, Owned Vessel revenue jumped 48% to US$14 million, compared with a loss of US$0.3 million in 1Q2017. This comprised 84%

GAC Taiwan, a unit of the Dubai-headquartered GAC Group, has won an agency contract from Indonesia’s liquefied natural gas provider and operator Donggi-Senoro LNG (DSLNG).

Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding not far off $100/t despite the onset of the usual lull at this time of year.