On the morning of July 28, 2020, the commencement ceremony was held for the construction project of 14000kW large cruise rescue ship (upgraded version) of Nanhai Rescue Bureau undertaken by China Merchants Heavy Industry (Shenzhen). The shi

1.Xihe is currently working with its ship financing banks (Lenders) on a consensual restructuring of the Group. 2.Iron ore and steel futures in China closed higher on Thursday as Beijing aimed to complete local government special bonds issu

The Baltic Exchanges main sea freight index extended gains on Thursday, helped by a rise in rates for capesize and panamax vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates

ReCAAP Information Sharing Centre Holds Dialogue with Shipping Industry to Strengthen Maritime Situation Awareness and Deepen Cooperation in Fight against Piracy and Sea Robbery in Asia Dialogue comes on the back of almost two-fold increase

A new management team has been put in place to chart a fresh course for Singapore-based tanker shipowner Xihe Group of Companies (Xihe) which owns almost 140 vessels covering every segment of the fuel transportation market.Xihe is currently

Recently, the concept design of SEA BREATH small luxury cruise ship independently developed by Italian branch of China Merchants Cruise Research Institute has won AIP certificate issued by RINA. SEA BREATH, a small luxury cruise ship, adopt

Korean shipowner Sinokor once again ordered four 1,100 container feeder ships from Huangpu Wenchong Shipbuilding. The four new ships are scheduled to be delivered in 2022. The value of the newbuilding contract has not been announced. In add

1.Chinese authorities have tightened screening of crew members on vessels arriving at ports after several cases of COVID-19 were confirmed. 2.Rio Tinto said on Wednesday it saw a sharp V-shaped recovery in China as stimulus spurred industri

Rio Tinto said on Wednesday it saw a sharp V-shaped recovery in China as stimulus spurred industrial activity, helping its first-half profit handily beat market expectations. Rio Tinto is the first of the major iron ore miners to report res

China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, stood at 531.28 points on Wednesday, up 0.01 percent compared with the previous working day. The statistical samples of TCI

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