1.COSCO SHIPPING Energy Transportation approved to implement dual-fuel powered technology for one of the companys VLCCs under construction contracted by Dalian Shipbuilding Industry. 2.Chinas Ministry of Transport has announced that it has

Chinese imports of Saudi Arabian oil have soared in the first 11 months of this year, pushed up by several massive joint refinery projects. The latest figures have solidified the Middle Eastern countrys position as Chinas top oil supplier,

1.MOL recently signed the first green loan, which will be used to provide part of the funds for the worlds largest 18,600 cubic meter LNG bunkering vessel built in Hudong Zhonghua. 2.PetroChina recently chartered an Aframax oil tanker tempo

1.Chinese and South Korean shipping companies will compete for Russian icebreaking LNG ship orders worth up to $3bn. 2.An offshore wind power industrial park project broke ground at Haiyang Nuclear Power Equipment Manufacturing Park in Haiy

Shipping industry confidence is on something of a high as we enter 2020, according to shipping advisor and accountant BDO. Richard Greiner, partner, Shipping Transport at BDO, says, It is not far short of six years since confidence in the i

Chinas icebreaker Xuelong 2 conducted investigations in the Cosmonaut Sea of the Southern Ocean on Tuesday, the same day when Chinas other icebreaker Xuelong also sailed for the Amundson Sea for research, meaning that for the first time eve

China Merchants Port Holdings Company Limited (CMPort or The Company, HKSE Code: 00144) is pleased to announce that, on 20 December 2019, CMPort entered into the Master Agreement with CMA CGM SA (CMA CGM) and Terminal Link SAS (Terminal Lin

French ballast water treatment specialist BIO-UV Group has strengthened its global partnership network with Hai Cheung Trading (HCT), a specialist marine equipment supplier based in Hong Kong to reinforce the commercial rollout of BIO-SEA b

1.On December 23, 2019, COSCO SHIPPING and China National Offshore Oil Corporation (CNOOC) signed a strategic cooperation framework agreement. 2.Ren Yuanlin, chairman of Chinas largest private shipbuilder Yangzijiang Shipbuilding, has finis

1.National Energy Group Huanghua Port recently realized full-process remote control and completed the first unmanned operation of a coal port in China. 2.Zhenhua Heavy Industry signed a contract with SAIC for two 3000-square-meter self-prop

1.The Coast Guard launched its ice breaking season Monday, as winters cold temperatures are anticipated to impact every port, waterway, and harbor in the Northeast. 2.Waigaoqiao Shipbuildings annual total shipbuilding completion of 5.5 mill

A new report summarizes the discussions that took place when more than 220 decision-makers convened for the Global Maritime Forums second Annual Summit in Singapore. Together, they identified collaboration as a key driver for positive chang

1.Taishan Petrochemical entered into a sale and purchase agreement with the buyer Prime Wealth Capital Limited. 2.Deputy secretary of the Nanjing Municipal Party Committee of Jiangsu Province investigated Nanjing Jinling Shipyard. 3.CMES an

1.Jinhui Group announced that the seller is an indirect subsidiary with approximately 55.69% equity in the company, and entered into the agreement with the buyer. 2.Starting from December 20, 2019, the new version of the seafarers certifica

Crude prices have risen after the Opec+ group of producer countries agreed to add an extra 500,000 b/d of cuts to its current agreement, from 1 January. This, and higher freight costs, have helped pull up premiums for crude traded on a deli