Gautam Ramaswamy, the director for regulatory affairs at the Hong Kong Shipowners Association, will be joining an International Chamber of Shipping-led conference call among the worlds shipping associations today (8pm HK-time). The discussi

The worlds largest automatic ro-ro LNG vessel sets sail on its maiden voyage from Xiamen, East Chinas Fujian province to Ulsan port in South Korea. The worlds largest ro-ro (roll-on/roll off) vehicle ship, Siem Confucius, set sail from Xiam

The Hong Kong Government published the Insurance (Amendment) Bill 2020 in the Gazette today (March 20). The Bill aims to provide for a new regulatory regime for the insurance-linked securities business and expand the scope of insurable risk

Chinese research vessel Kexue, or Science, departed from east Chinas coastal city of Qingdao to the western Pacific Ocean on a scientific expedition voyage on Friday, marking a fully resumption of the marine scientific research in 2020, as

According to the announcement ofCSSC, on March 19, ChinaState ShipbuildingCorporation held a video conference of leading cadres, announcing adjustments to the main leaders ofDalian Shipbuilding Industry. The leading party group ofChinaState

On March 18, the Office of Foreign Assets Control (OFAC) of the US Treasury Department updated its list of sanctions related to Iran. Anumber of Chinese companies appeared on the list. This includes a ship management company in Shanghai and

1.Yantai LNG Group, a Chinese outfit, has been granted an approval to develop a liquefied natural gas terminal in the Shandong province. 2.Cosco Shipping has launched its first service between North America and Latin America, even as contai

After a frantic week that sent crude oil freight rates to record highs amid a bookings bonanza to ship Saudi oil to the world, rates are now easing as charterers balk at the nosebleed charges and await Saudi volume plans for April, shipping

The investor spotlight has turned toward owners of very large crude carriers (VLCCs), tankers that carry 2 million barrels of crude oil. VLCC spot deals out of the Middle East Gulf have topped $300,000 per day in one case exceeding $350,000

Brazilian miner Vale has been shipping a larger proportion of iron ore products to China at the expense of Europe and other Asian customers at a time of weak volumes, according to trade data through to the end of January, SP Globals Panjiva

The growing epidemic is expected to cause the global cross-border direct investment to decline by 5 percent to 15 percent, a senior commerce official said on Thursday. The remarks came as the COVID-19 outbreak has spread rapidly around the

China is projected to overtake Japan as the worlds largest LNG importer by 2022. Chinas decline in February imports from the coronavirus outbreak was viewed as a temporary setback as Chinas overall gas demand is met by rising imports of LNG

China is speeding up resumption of main projects in various regions, with governments at all levels rolling out supportive policies and regulations to recover work effectively while continuing to impose strict control of the COVID-19 outbre

If you want to travel on a cruise these days, think twice. On March 13, the Cruise Line International Association (CLIA) announced that cruise ship operations from and to US ports will be temporarily suspended for 30 days as a result of con

Frontline, a shipping company owned byJohn Fredriksen, recently completed the acquisition of 10 Suez tankers in Trafigura. This batch of Suez tankers has signed a sale andchartering contract with ICBC Leasing, with a total value of $ 544 mi