Risavika LNG index continued its downward trend following European gas markets fundamentals, resulting in the index falling by 2 % week on week. Despite lower pipeline gas imports to Europe and colder weather last week, the market remained

China Tianjin Shipping Index (TSI), an indicator of northern Chinas ocean freight rates for both international and domestic shipping markets, stood at 513.7 points on Wednesday, down 0.48 percent compared with the previous working day. The

From 0:00 on April 1 to 24:00 on May 18, Chinas ports have achieved 20,567 Chinese crew shifts, of which 10,547 were on board and 10,020 disembarked. With the strong support of various local governments and the coordinated cooperation of re

1.Chinese shipbuilder Cosco Shipping Heavy Industry has signed LNG cooperation agreements with compatriot Hudong-Zhonghua Shipbuilding and Frances GTT. 2.Yang Ming Marine Transport Corporations ten 2,800 TEU class container vessels are goin

ChartWorld are cooperating with JRC on the addition of ChartWorlds ground-breaking Information Overlay service, known as CIO+ onto JRC ECDIS. CIO+ is a data overlay shown in ECDIS as a user chart, loaded on top of Electronic Navigational Ch

Florida-based Maritime Payment Solutions which operates ShipMoney as a provider of payment solutions for maritime companies, has announced the introduction of ShipMoney Virtual Cards and the Transfer Marketplace, two new services designed t

Yang Ming Marine Transport Corporations (Yang Ming) ten 2,800 TEU class container vessels, currently being constructed by CSBC CORPORATION, TAIWAN (CSBC), are going to receive Smart Ship notations from international classification societies

Saudi Aramco in April shipped crude cargoes three times from its leased storage in Okinawa, Japan, to Chinas Zhoushan using the same VLCC, signaling Chinas outperfomance in demand recovery from COVID-19 over regional peers and its capacity

On 18 May 2020,global coatings manufacturer Hempel began construction of a new factory in Yantai Chemical Industrial Park, China. The new factory will help meet increasing demand for more sustainable and innovative coating solutions in the

Despite recent low bunker prices a significant proportion of marine fuel buyers still do not have any risk management strategies in place to mitigate anticipated price rises. Two thirds of LQM Petroleum Services clients polled in a webinar

1.Documents from MPA of Singapore show the key Southeast Asian shipping hub is easing its crew change stance. 2.Royal Dutch Shell Plc said it would further cooperate with CNOOC to better serve the growing number of intermediate and performa

On May 18, Dalian Shipbuilding Industry, China Shipbuilding Trading and China Merchants Energy Shipping signed a construction contract for two 307,000 DWT VLCCs in Beijing, Hong Kong and Dalian in the form of cloud contract. At present, the

Royal Dutch Shell Plc said it would further cooperate with China National Offshore Oil Corp to better serve the growing number of intermediate and performance chemicals customers in the key market of China. CNOOC Oil Petrochemicals Co. Ltd

China will impose anti-dumping and anti-subsidy duties on barley imports from Australia totalling 80.5% starting May 19, the commerce ministry said on Monday. The move, the result of a probe that began in 2018, had been widely expected afte

With new cases of the novel coronavirus falling, many Western countries are rolling back lockdown measures for the sake of economic normality, although the details and exact timing vary across countries or regions. Can a swift and healthy r