Building Xiamen into an international shipping hub is conducive to higher levels of opening-up of the coastal provinces and inland areas in Southeast China, noted Xia Xianpeng, president of the Xiamen Maritime Court.

China’s February crude oil imports fell sharply to 8.41mbpd from January’s imports, that was almost 13% less than January’s record high imports of 9.66mbpd. One reason was due to higher imports prior to Chinese new year normally foll

Morning offers of traders climbed down by RMB10-15/tonne today. Some large traders have obvious desire to deliver cargos under sluggish spot market sentiment. Steel mills are very active to make enquiries, while their purchases remain at a n

Chinese institutions are preparing for the launch of much-anticipated yuan-denominated crude oil futures, a move seen to give the country greater pricing power over commodities.

With the booming shale production in the United States and growing demand in China, the two countries have more opportunities to cooperate in the energy field, Secretary General of International Energy Forum (IEF) Xiansheng Sun said Tuesday.

A national political adviser has suggested improvements to China's maritime search and rescue system, including drafting legislation. Cheng Ping made the proposal on Saturday in a speech to the ongoing session of the 13th National Committ

Maersk said that the human remains of three of the four missing crew members after the fire aboard Maersk Honam have been found on board the vessel. At this point in time our three colleagues are unidentified.

A 3,000-km corridor, which starts from China's Kashgar in the west and ends at Pakistan's Gwadar, is transforming Pakistan's energy sector. A power project planned under the China-Pakistan Economic Corridor (CPEC) has cut 13-14 hours of d

The Costa Romantica luxury cruise liner, made by Italian luxury liner manufacturer Costa, opened a new shipping route along the Belt and Road countries, the first of its kind in China, when it set sail from Xiamen on March 8. The 56,000-t

Orient Overseas Container Line unveiled a full year net profit of US$137.7m, ably reversing the company’s US$219m loss in 2016. Net profit was achieved off the back of revenue of US$6.1bn, achieving an operating margin of about 1.7%. Du

Primary mission will be to survey oceans, atmosphere, ecosystems A major shipbuilder has unveiled plans to start the construction of China's biggest research vessel this year, with the project expected to take about two years to complete.

China has pushed 18 laws and regulations during the past five years to combat environmental issues, the National People's Congress (NPC), the country’s top legislative body, said during a press conference on Monday morning about its legisl

The Management Committee of Nansha Free Trade Zone (FTZ) signed a MoU with Unitrans Group, a large domestic shipping group, to settle various investment projects and jointly build a shipping industrial cluster in the district. The Unitran

Chinese economic growth is definitely unprecedented; the hard work of the Chinese people has created the poor inward-looking agricultural country to a global manufacturing powerhouse. The stability and governance of the CCP have elevated Chi

Sri Lanka is reaping early harvests from the China-proposed Belt and Road Initiative, with the launch of a Chinese company's operation of the country's Hambantota Port being one of the examples.