Chinas Shanghai International Energy Exchange (INE) published rules for the low-sulphur fuel oil (LSFO) futures on Wednesday, according to the exchanges website. The new futures contract, which will be launched on June 22, will be traded at

The release of Modern Terminals fourth Sustainability Report, covering the period 2018/19, reveals the local port operators heterogeneous approach to the project. Technology features highly in bids for greater, greener, sustainable producti

Following several discussions with the Hong Kong Shipowners Association, the administration in Hong Kong is opening for conditional but unrestricted crew change in Hong Kong. With the crew change deadline set out by a group of international

Aircraft and ship leasing has become a booming industry in north Chinas Tianjin Municipality, local authorities said. Tianjin has about 3,400 aircraft and ship leasing companies, with a total registered capital of around 450 billion yuan (a

1.South Korea was a distant second player after China in terms of new shipbuilding orders in the first five months of the year, data showed Tuesday. 2.HKMPB yesterday threw a light on an otherwise gloomy shipping environment by declaring it

IACS re-published in May 2020 its recommendation on cyber resilience (No. 166). The new document harmonised all 12 existing recommendations in one single, standalone recommendation consolidating IACS previous 12 recommendations related to c

The Hong Kong Maritime and Port Board yesterday threw a light on an otherwise gloomy shipping environment by declaring its intention to push ahead with Hong Kong Maritime Week (15-21 November 2020). The decision comes with the full endorsem

The Panamanian Maritime Authority, as administrator of the Panama flag has successfully repatriated 3,172 passenger and crew since the outbreak of the pandemic. Adopting a variety of modus operandi including ship-to-ship, group mode as well

The technology group Wrtsil has assigned Shanghai Wenli Engine Engineering (Wenli) as its distributor in China for the sales, distribution, installation, and after-sales service of the companys range of Midsize waterjets. The contract was s

Runji 1, the first bunker oil supply ship tailor made for China (Zhejiang) Free Trade Pilot Zone, went on a trial run around Daishan Island on June 4. The ship, designed by the Zhejiang Xinhai Ship Design and Research Institute and built by

International shipping businesses remain optimistic about the industrys future development in China despite facing some temporary difficulties due to the impact of the COVID-19 pandemic. Experts noted that shipping centers in the future sho

1.The United States warned on Monday that it would punish any country that deals with Irans top shipping company. 2.Oil prices sank on Monday despite major crude producers agreement to extend their current output cuts. 3.On World Oceans Day

The international shipping industry has warned of a threat to global trade from a mounting crisis on board merchant vessels, with up to 400,000 crew stranded either at sea or at home by travel restrictions because of the Covid-19 pandemic.

Following several discussions with the government, the Chief Secretary has exercised his powers to approve the exemption of crew members of goods vessels, including those without cargo operations, from compulsory quarantine under Cap. 599E

Representatives of the territorys seafarers unions will stage a demonstration outside government offices tomorrow in support of the worlds seafarers. As the plight of seafarers unable to off-board their vessels grows everyday more critical,