Global aluminium production flatlined in the first quarter of this year, according to the International Aluminium Institute (IAI). A couple of long-running outages together with curtailments in Europe caused production outside China to dip

1.Cosco Shipping Holdings posted stronger results for the first quarter, riding on higher freight rates and acquisition of OOIL.The company realized a net profit attributable to equity holders of the company of RMB687 million, surged 280% f

On April 18, 2019, Secretary of Jiangsu Provincial Party Committee Mr. Lou Qinjian and Governor of Jiangsu Province Mr. Wu Zhenglong met with a delegation headed by Party Secretary and Chairman of COSCO SHIPPING Capt. Xu Lirong. Other parti

Crude oil futures opened higher Thursday on the Shanghai International Energy Exchange. The most active crude oil contract for June delivery was up 1 yuan (about 15 U.S. cents) to open at 498.8 yuan a barrel. China launched the crude oil fu

With 1,000 Smart Cable Guard systems implemented in its power grid, Dutch Distribution System Operator Alliander has confirmed its commitment to safeguarding the reliability of the power grid in the Netherlands. Smart Cable Guard is DNV GLs

CSCL Mercury, a Chinese container ship with a capacity of 14,000 TEU (twenty-foot equivalent unit), on Saturday became the first visitor to the CSP Abu Dhabi Terminal of Khalifa Port in the United Arab Emirates (UAE). The CSP Abu Dhabi Term

DHL Global Forwarding, an international provider of air, sea and road freight services, recently announced a road freight service along the Hong Kong-Zhuhai-Macau Bridge that connects the West Pearl River Delta manufacturing zones in mainla

Yantai, a coastal city in East Chinas Shandong province, saw its foreign trade rise 5.3 percent year-on-year to 21.83 billion yuan ($3.25 billion) in March, according to Yantai customs. Its exports reached 13.24 billion yuan, up 13.7 percen

On April 18, 2019, the naming ceremony for M.V. Yuan Shen Hai, another 400K DWT VLOC of COSCO SHIPPING, was held at COSCO SHIPPING Heavy Industry in Yangzhou. Chairman and Party Secretary of COSCO SHIPPING Capt. Xu Lirong, Director and Depu

1.John-Kaare Aune has been appointed the new managing director, Ship Management for Hong Kong-based Wallem Group. He is expected to take up the post from 1 July 2019. 2.Chinas Jinling Shipyard has started construction of the first hybrid ro

HONG KONGs Kwai Tsing terminals volume fell 1.6 per cent year on year in March to 1.23 million TEU while midstream operators handled 350,000 TEU, down seven per cent. The cumulative total of containers handled at Hong Kong during the first

Between 2009 and 2018 more than half the 188 fatalities recorded from 48 bulk carrier losses were directly attributable to cargo failure or liquefaction, Intercargo revealed in its latest statement on bulk carrier casualties reporting. Carg

John-Kaare Aune has been appointed the new managing director, Ship Management for Hong Kong-based Wallem Group. He is expected to take up the post from 1 July 2019. Mr Aune joins Wallem from the Cayman Registry, where he was most recently r

Navies operate on a spectrum between deterrence and defense, to include offensive operation, support of foreign policy, and power projection to civil affair and humanitarian assistance and disaster response. Many have constabulary responsib

About 60.3 percent of the worlds ship orders are projected to be for liquefied natural gas (LNG)-fueled vessels by 2025. Ships powered by LNG are expected to account for six out of 10 new vessel orders in six years due to toughened environm