China will import over $22 trillion worth of goods over the next decade, and the country is accelerating its opening up in spite of the global coronavirus pandemic, Chinese President Xi Jinping said on Wednesday. Speaking via video message

Offshore oil and gas major China National Offshore Oil Corp said on Monday that it has started gas production from its deep-water Liuhua 29-1 field in the South China Sea. The Liuhua 29-1 gas field is located in the eastern South China Sea,

Global, sector-focused law firm HFW has extended its partnership with international maritime charity The Mission to Seafarers (MtS) until 2022. MtS provides essential welfare support to the worlds 1.5 million seafarers, from helping them ke

In October, the container throughput of Shanghai Port exceeded 4 million TEU in a single month for the first time, setting a monthly historical record with 4.2 million TEU, which was 297,000 TEU more than the monthly throughput record set j

On November 2, another 180000 DWT capesize bulk carrier SHANDONG DE GUANG built by Shanghai Waigaoqiao Shipbuilding of CSSC ushered in the glorious moment of named delivery. SHANDONG DE GUANG named and delivered on the same day was the seve

Chinese steel mills have received verbal notices from the Ministry of Commerce to stop importing Australian coals starting Nov. 6, several sources close to the matter told SP Global Platts Nov. 3. The ministry held a meeting Nov. 2 to discu

On November2, with support of ICBC Guangzhou Nansha Branch, Guangzhou Shipping ExchangePlatform (GSEP) successfully completed 6 oversea PSVs online bidding withactive bidders from Africa, America and Asia(Middle East). This commonachievemen

The BIMCO Liquid Cargo Database contains a new section, IBC Code 2021, with cargo entries, following an update as per the amendments to the IBC Code and MARPOL Annex II entering into force on 1 January 2021. The current carriage requirement

The Isle of Man Ship Registry has become the first flag state to join the Getting to Zero Coalition, an industry-led alliance working towards decarbonising the international maritime shipping sector. Established in 2019, the Coalition is a

MPA drives adoption of technology and decarbonisation for shipping amidst COVID-19 The Singapore Registry of Ships (SRS) crossed the 96 million gross tonnage milestone in 2020 and maintained its position among the top five ship registries i

On November 2, Jiangnan Shipbuilding, a subsidiary of CSSC, signed a contract for the construction of 3+3 93,000 cubic meters VLGCs with Singapores Petredec Holdings (Eastern). The first ship will be delivered in early 2023. The 93,000 cubi

Tankers for Trump Headline: Trumps support of US crude production, his sanctioning of Iran and temporary blacklisting of certain fleets of large Tankers has been beneficial for the Tanker markets (in the short term at least). US Crude Expor

On November 2, 2020, Shanghai Shipping Exchange officially launched Shanghai (Export) Containerized Freight Index based on Settled Rates (SCFIS). SCFIS represents the change in the settlement freight rate of Shanghai export container shippi

China, the worlds top crude oil importer, will raise its non-state crude oil import quota for 2021 by 20% on-year to 243 million tonnes, the countrys commerce ministry said on Monday. The country has been a critical market for oil producers

2020 is a crisis year, yet the wind industry comes across as rather stable, compared to many other sectors: The mood in the global wind industry is increasingly seen in a positive light. The future of offshore wind energy in particular has