On March 16, Qingdao Beihai Shipbuilding Heavy Industry christened and delivered the sixth 325000 dwt VLOC ORE ZHOUSHAN for China Merchants Energy Shipping and ICBC Leasing, marking the successful completion of the series of six VLOCs. The

China foiled criminals seeking to smuggle nearly 1 million tonnes of refined oil worth 5 billion yuan ($770 million), with officials seizing 11 ships and detaining 171 suspects in a sprawling swoop on Tuesday, customs authorities said. The

China resumed storing crude oil in the first two months of the year with almost 1 million barrels per day (bpd) being added to inventories in January and February, rebuilding stockpiles after a rare drawdown toward the end of last year. Abo

The Baltic Exchanges main sea freight index rose on Tuesday to its highest level since early-October, driven by stronger rates for capesize and panamax vessels. The Baltic dry index, which tracks rates for capesize, panamax and supramax ves

The Getting to Zero Coalitions updated Mapping of Zero Emission Pilots and Demonstration Projects uncovers emerging trends, sees a strong climb in the number of identified projects as well as increased activities in Asia. The uptake of zero

Transport demand needs to be restored, and the composite index continued to fall Ningbo Containerized Freight Index: In the week ending Mar-12, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2035.

At 12:58 on March 14th, Jiangnan Shipyard, a subsidiary of China State ShipbuildingCorporation, completed the system gas test and system inert of the worlds firstLPG dual-fuel VLGC built for Southwest Maritime. Thesea trial was highly evalu

Norwegian-based Awind said it has ordered a pair of hybrid-electric commissioning, service and operations vessels (CSOV) from China Merchants Industry in Hong Kong, with options for up to four additional vessels. Awind, a subsidiary of Awil

Denmark joins three of the four largest shipping nations, Greece, Japan and Singapore to back proposal to meet UN call for urgency and ambition. Denmark home to, the worlds largest container shipping company, Maersk. Country seen as one of

C-Job Naval Architects, the global independent ship design and engineering company, announced today it is launching an in-house developed TSHD series.The trailing suction hopper dredger series promises to fill the gap between standard desig

The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 1149.27 points on Friday, down 0.44 percent compared with the previous working day. The statistical samples of TBI cover

On March 12, CIMC Raffles, Huadian Heavy Industries and Shanghai Boqiang held the signing ceremony of offshore wind power cooperation agreement in Beijing. Huadian Heavy Industries, CIMC Raffles, Boqiang and other companies have made full u

Chinas index of export container transport registered a dip in the past week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 1,912.13, down 3 percent from a week earl

India is in a unique position. The country will witness the largest increase in energy demand in the world over the next 20 years, with the potential for oil consumption to rise from 4 million b/d currently to 8.7 million b/d by 2040 accord

China to pursue high-standard opening-up, improved performance in foreign trade and investment amid ongoing pandemic Countless containers await loading at the cargo terminal of Shekou Port in Shenzhen, Guangdong province, amid sustained glo