A Chinese deep-sea exploration vessel returned to port on Tuesday after completing the first joint scientific expedition with Pakistan. Haiyang Dizhi-10 (Ocean Geology No.10) returned to south Chinas Guangzhou Port after its first-ever deep

OPEC and its allies will stick with their agreement to cut oil supply, pushing for more adherence despite a demand by U.S. President Donald Trump that the producer group ease its efforts to boost crude prices, a Gulf OPEC source said on Tue

Today we bring you our bi-weekly Brazil iron ore shipments and VLOC/Valemax arrivals monitor. Charts below show following three things: 1. Brazils weekly iron ore shipments by vessel class beginning 2019 (left chart) 2. VLOCs and Valemax wi

1.China and Saudi Arabia ink co-operation on shipping sector.Chinese President Xi Jinping met with Mohammed bin Salman Al Saud, Saudi Arabias crown prince, at the Great Hall of the People in Beijing last Friday.The two countries should spee

The conditions of an agreement that give three Chinese companies 75% outtake rights to a $43 billion Alaska liquefied natural gas project are still being determined, project insiders said. The project would include an 800-mile pipe to trans

Ship owners need more than a simple warning from regulators as new rules affecting global shipping operations come into play they need stronger support, according to Panos Kirnidis, CEO of Palau International Ship Registry (PISR). My freque

Two senior managers at Hong Kongs Wallem Group were shown the door on Friday (22 November). David Price, managing director of the ship management division, and director of Sales and Marketing Nigel Moore have left the company at the behest

1.Netherlands accedes to Hong Kong Convention.The International Maritime Organizations (IMO) Hong Kong Convention has received another boost with the accession of the Netherlands. 2.More than 100 billion cubic meters of natural gas reserves

Chinas cargo throughput at ports grew by 9.1 percent to around 1.14 billion metric tons in January compared with the same period last year, official data showed. At the beginning of this year, the Ministry of Transport (MOT) expanded the st

Capesize Gloom continued to beset the market for the big ships, with Dalian port last week imposing a ban on Australian coal imports and capping coal imports from all sources by the end of 2019 at 12 million tonnes. It was also another week

The Chinese icebreaker Xuelong with the 126 members of Chinas 35th research mission to Antarctica on board ended on Friday a nine-day odyssey through the infamous roaring forties. Xuelong is taking the Chinese researchers back to home. The

It has been more than two years since the publication of the Ship Market Trend. The data quoted in the book was as of 2016. Now we have entered 2019, the full years data of 2017 and 2018 are available. If the method introduced in the book i

1.High iron ore inventories at Chinese ports and uncertainty in the global economy are putting the demand for Capesizes at risk. Drewry believes that demand for Capesizes in 2019 will be proportional to iron ore inventories at Chinese ports

Commissioned by Hong Kong HAI KUO SHIPPING 1111 LIMITED (the Entrusting Party), Guangzhou Shipping Exchange Co., Ltd. (GSE) determines to organize an online bidding for a bulk carrier named HAI QING. The announcement is stated as follows. R

The Maritime Labour Convention (MLC) recognised the negative effect that bullying and harassment can have on seafarer health and wellbeing, and have voted to bring these serious issues under Regulation 4.3 the health and safety protection a