China continues to prove the market commentators wrong on the iron ore front, with the asian heavyweights imports still hitting record levels. In the past three months Chinas iron ore imports have climbed 20 per cent year on year, while yea

Capital Link is hosting its 5th Annual International Shipping Forum China Digitally, on Tuesday, September 15, 2020. The Forum is organized in partnership with Singhai Marine Services and Columbia Shipmanagement, and with the support of the

ReCAAP Information Sharing Centre today released the August 2020 Report on the situation of piracy and armed robbery against ships in Asia . The full report is available here , and the accompanying presentation slides are available here . O

On September 10, Bohai Shipbuilding Heavy Industry and CSSCs 716 Institute signed a contract for the construction of an offshore test platform. The construction price of the offshore platform signed this time is 61.5 million yuan (RMB), and

On September 9, Tianjin Southwest Maritime Limited signed a contract for the construction of two 98,000 cubic meters of VLEC with Jiangnan Shipbuilding. The order marks Southwest Maritimes entry into the VLEC market. The company currently h

The Board is pleased to present the interim report of Jinhui Holdings Company Limited (the Company) and its subsidiaries (the Group) for the six months ended 30 June 2020. INTERIM RESULTS The Groups revenue for the first half of 2020 was HK

The Baltic Exchanges main sea freight index dropped on Thursday for an 11th straight session, pressured by a dip in capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize s

The Oil Companies International Marine Forum (OCIMF), the voluntary association of oil companies, announced it has overhauled its committee structure to focus its resources on identifying and mitigating issues of highest-risk to its members

China Minsheng Trust ordered 4+4 kamsarmax bulk carriers in CSSC Chengxi. It is reported that this is the companys first order. The new ship is expected to be delivered in January 2022, and the cost of a single ship will be between 27 milli

The subsidiaries of China State Shipbuilding Corporation received 36.1573 million yuan of government subsidies, including 35.8783 million yuan of revenue-related government subsidies and 279,900 yuan of asset-related government subsidies, m

The newbuilt vessel, Shenhai 01, features a full scope of ABBs electric, digital and connected solutions that help support sustainable operations and enhance safety and efficiency The first Chinese-built hybrid emergency rescue vessel is po

China may have given oil markets false hope. A rapidly rebounding economy in the Asian powerhouse had initially revived demand, but bloated inventories and stockpiling by domestic refineries have exposed the fragility of prices. A look at C

Significant potential for small bore four-stroke engines in river-and-coastal market MAN Energy Solutions has announced that its Chinese license, CMP, has won a series of new, small-bore, four-stroke orders within the significant, Chinese,

Oslo, Norway, 08 September 2020 The behavioural and economic ramifications of COVID-19 will permanently reduce global energy demand, according to DNV GLs newly published Energy Transition Outlook. Compared to the pre-pandemic forecast, ener

The Brown Marmorated Stink Bug (BMSB) season has begun effective 1 September 2020. As usual, Australia and New Zealand authorities have set out their requirements for the current season 2020/21 to ensure that these bugs are kept out of thei