Without a seaport, Hunchun, a border city in Northeast Chinas Jilin province, is aiming to build itself into a marine economy hub. Though we do not have a seaport, we have a lot of advantages in terms of location and other fields, said Piao

The Xihe Group of Companies (Xihe),a Singapore-based tanker shipowner which owns almost 140 vessels covering every segment of the fuel transportation market, is pleased to announce that it and its Lenders have adjourned court proceedings to

According to CCTD, on July 26, CSSC Waigaoqiao Cruise Supply chain (Shanghai) co., LTD was unveiled, CCTD Industry Development (Shanghai) co., LTD formally signed, marking the overall layout of the cruise supply chain of CSSC and the accele

On July 28, Dalian Shipbuilding Industry held a delivery signing ceremony for the second 85000CBM Liquified Ethane Carrier built for JHW, a subsidiary of Frances JACCAR Holdings through cloud signature. With a total length of 231.6 meters a

1.France-based Total said Tuesday it has delivered it first LNG cargo to Chinese state-owned utility Guangdong Energy at the Zhuhai import terminal in Guangdong. 2.The Baltic Exchanges main sea freight index declined for the seventh straigh

The prospect and timeline of developing Arctic shipping as an alternative to traditional shipping is at risk of running into rising headwinds from unilateralism, trade protectionism and escalating China-US tensions in the wake of the COVID-

In June 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 133.14 points, up 8.56% from the previous month and up 1.61% year-on-year; the export trade in

For the first half of 2020, Australia overtook Mongolia to become Chinas first coking coal supplier, with the tonnage up 66.5% on year to 24 million tonnes as against the overall growth by 5.6% on year to 38.2 million tonnes, according to d

The Baltic Exchanges main sea freight index declined for the seventh straight session to a more than one-month low on Tuesday, hurt by weaker rates across all vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry

On July 24, Dalian Shipbuilding Industry held a naming ceremony for the 115,000-ton crude oil/product oil tanker No. 43 built for Maersk Tankers. Vice General Manager of DSIC Deng Changlian and relevant department heads attended the ceremon

On July 22, the ships SOYA TIANJIN and WHEAT WEIFANG ordered by Shandong Shipping Corporation and ICBC Leasing for Bunge Group were delivered at Yangzhou COSCO Shipping Heavy Industry Shipyard. ICBC Leasing and Shandong Shipping are pioneer

MoU signed at first webinar in MPAs Maritime Perspectives series to discuss new normal in maritime The Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MoU) with five international partners today, to deve

1.Chinas Hudong-Zhonghua Shipbuilding has completed the third Yamal LNG vessel for a joint venture consisting of compatriot China Cosco Shipping and Japans Mitsui O.S.K. Lines. 2.Liquefied natural gas (LNG) price edged up 0.2% and liquefied

For the second quarter ended 30th June2020, total volumes were 4.6% down from the same period last year. Total revenues increased by 1.1% to US Dollars 1,583.8million. Loadable capacity decreasedby6.4%.The overall load factor was 1.6% highe

The Baltic Exchanges main sea freight index fell for the sixth straight session to a more than one-month low on Monday, weighed down by weaker demand for all vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry b