Chinas research icebreaker Xuelong, or Snow Dragon, has returned to Shanghai after a recent complete overhaul, ready for the countrys upcoming 36th Antarctic expedition, according to the Ministry of Natural Resources Monday. The vessel will

1.Freight rates of VLCCs have surged to a high of $300,000 a day in a market boosted by a quick succession of unrelated incidents, as the different events have reinforced each other to lead to the spike. 2.Sinochem Energy Co Ltd, the energy

The Maritime and Port Authority of Singapore (MPA) has revoked the bunker craft operator licence of Inter-Pacific Petroleum Pte Ltd (Inter-Pacific) with effect from 15 October 2019. Inter-Pacific will not be allowed to operate as a bunker c

Sinochem Energy Co Ltd, the energy business arm of Chinas state-owned Sinochem Group, will operationalize the second phase of its Quanzhou refinery base in eastern Chinas Fujian province in 2020. This move will raise its annual petroleum re

Chinas foreign trade volume rose 2.8 percent year on year in the first nine months of 2019 to 22.91 trillion yuan (about 3.24 trillion U.S. dollars), the General Administration of Customs released Monday. Chinas export volume rose 5.2 perce

Chinas first research and testing base for unmanned surface vessels will be put into operation by the end of this year, becoming a public technology service platform for marine equipment between Guangdong province and the neighboring Hong K

On Oct 8, the Haikou Maritime Court successfully settled a dispute over a loan contract worth up to 275 million yuan ($38.8 million) between the French banking giant BNP PARIBAS and Brightoil Gem, a Hong Kong-based shipping company, through

What is the ISPS Code? ISPS or the International Ship and Port Facility Security Code is an essential maritime regulation for the safety and security of ships, ports, cargo and crew. The biggest challenge the world is facing today is fighti

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday fell a further two per cent to US$581 per TEU. Asia-Mediterranean rates fell 2.7 per cent to $722 per TEU, according to the Shanghai Containerised Fre

1.Typhoon No. 19 Hagibis landed on the coast of Japan.On 12 October,a general cargo ship named JIA DE carrying Chinese seafarers sank in Kawasaki Port,Japan. 2.The Greek Committee of Planning and Development of Ports (ESAL) confirmed, in it

The laden 45,000MT deadweight tanker had anchored in a bay outside an Asian port. It was late summer and the vessel was waiting for a berth to discharge its cargo. Weather warnings about an approaching typhoon for the area where the tanker

Chinas index of export container transport dipped for the week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 783.15, down 3.1 percent from a week earlier, according

The operation of a ship is a result of the excellent teamwork of deck and engine department. One cannot run the ship with only engineers on board or for that matter with only deck officers. While the engine department ensures the safe runni

Oil prices rose sharply on Friday, as investors closely watched the latest development of the two explosions that hit Iranian oil tanker in Red Sea, which spurred fears over disruption in crude production in the region. The West Texas Inter

The Liberian Registry has established a full-service office in Imabari, Japan, as part of the continued expansion of its presence in Asia. Liberia has been building up its network of full-service offices and representatives in Asia due to t