Steel futures closed higher Monday in daytime trading on the Shanghai Futures Exchange. The most active construction steel rebar contract for January 2021 delivery was up 17 yuan (about 2.49 U.S. dollars) to close at 3,664 yuan a tonne. The

The Baltic Exchanges main sea freight index rose on Monday, snapping a 12-day long losing streak, buoyed by stronger rates for capesize vessels. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects r

Fast growing offshore windfarms expect low carbon service operations by support vessels, but supplying and handling biofuels is a challenge and the development of ammonia and hydrogen powered vessels still has a long way to go, explains lea

In his keynote address to the International Union of Marine Insurance (IUMI) annual conference, IUMI President, Richard Turner, focused on four areas that are set to exert maximum impact on the marine insurance sector of the future these we

Indian Register of Shipping (IRClass) has joined a select group of Classification Societies who have received authorisation as a Recognised Organisation from the US flag administration.The recognition is an appreciation of IRClass meeting t

On September 11, 2020, CSSC Huangpu Wenchong Shipbuilding made a major breakthrough in the independent research and development of ship type, which ushered in another good news for the company to receive orders. On the same day, CSSC Huangp

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