China exported 36.6 million tonnes of steel products over this years January-August period, according to the latest statistics of Chinas General Administration of Customs (GACC) published on September 7. The decline in the eight-month total

UAE based Engineering firm Aries Marine has announced their achievement of a major milestone with the completion of 1000 retrofit engineering projects. Aries Marines specialised division providing environmental and sustainable solutions to

Chinas rail coal shipment reached 140 million tonnes in August, showed data from rail authorities. Coal stocks at Chinas key power plants could cover up to 23 days of use. Cargo delivery by rail in China grew 7.3% year on year to 308 millio

China Tianjin Shipping Index (TSI), an indicator of northern Chinas ocean freight rates for both international and domestic shipping markets, stood at 725.73 points on Friday, down 0.61 percent compared with the previous working day. The st

Not So Turkish Delight Its been simmering for a while, but the spat between Turkey, Greece and Cyprus, seems to be escalating. How has this situation come about? Turkey sent a drill ship to the Mediterranean in May 2019 where it carried out

On September 2, COSCO SHIPPING Specialized Carriers and Wrtsil Group held a signing ceremony of strategic cooperation framework agreement in Guangzhou. Responsible persons and relevant personnel of COSCO SHIPPING Specialized and relevant pe

On September 2, 2020, China Merchants Industry and China Railway Construction Bridge Engineering Bureau Group held a signing ceremony for the construction contract of 2200 DWT crane ship. The 2200 DWT crane ship signed by both parties is de

There is a crude oil market narrative that demand is recovering from the shock of the coronavirus pandemic, and therefore producers that previously cut output can now put more supply back into the market. While there is evidence to support

The Baltic Exchanges main sea freight index fell on Thursday, hurt by declining rates for capesize and panamax vessels. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panama

On the morning of 3th Sept.2020, Mr. Chua Teng Hoe, Consul General of Singapore in Shanghai, visited COSCO SHIPPING headquarters. Mr. Wang Haimin, Director of the Board of COSCO SHIPPING met with the Consul General. Both sides exchanged vie

More than 200 representatives from Getting to Zero Coalition members convened virtually this week for the Coalitions second biannual working session with the objective of advancing the ambition of having commercially viable zero emission ve

CIMC has made the latest progress in equity changes. After Vanke, Shenzhen SASAC will become the largest shareholder of CIMC. On August 25, CIMC announced that Shenzhen Capital Holdings intend to transfer part or all of the companys shares

Higher crude prices held back buying interest in Chinas bunker markets. Prices rose across the board but spot trade volumes fell. Very low sulphur fuel oil (VLSFO) spot volumes in Zhoushan were at 2,800t, compared to more than 4,900t on Fri

China has suspended imports of barley from Australias largest grain handler, CBH Group, according to a statement by the Chinese customs late Sept. 1. China said the suspension is due to phytosanitary requirements on weed seeds not being met

The Baltic Exchanges main sea freight index dropped on Wednesday, pressured by a dip in capesize and panamax vessel rates. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, pan