China has confidence in its ability to maintain stable trade growth in 2019 thanks to a raft of positive factors, a senior commerce official said Tuesday. The gradual recovery of global economy, Chinas opening-up efforts and pro-trade polic

Starts: 28/02/2019 Ends: 28/02/2019 Address: The Ritz-Carlton Shanghai, Pudong Shanghai IFC, 8 Century Avenue, Lujiazui, Pudong Shanghai, 200120 China Contact person: Wei Zhuang Contact email: Shanghai@bimco.org Join us in Shanghai for grea

1.The state owned Shanghai Zhenhua Heavy Industries (ZPMC) leading Chinese heavy equipment manufacturer, has announced it is to set up in Fuzhou, Fujian province to expand its business. 2.Hong Kong Marine Department issued a shipping note i

Propeller is the most significant machinery system of the ship. No matter what type of propeller it is, ship owners never make compromises on such important equipment as it directly affects the efficiency and safety of the vessel. Here we d

London OPEC has painted a bearish picture for 2019, with demand for its crude oil expected to fall due to weak demand growth and a sharp rise in output from producers outside the group. The groups 14 members pumped 30.81 million b/d in Janu

Capacity growth on the Asia/Europe maritime routes are set for substantial increases in 2019 and 2020, with vessels aggregating nearly 1.1 million twenty-foot equivalent units (TEUs) set to be delivered in the period, following an increase

Tankers: Tanker values have remained stable. VLCC VL Sakura (298,600 DWT, Mar 2001, Hitachi) sold to Far Eastern buyers for USD 24.0 mil, VV value USD 19.30 mil On Subs. MR2 Ardmore Seamaster (45,800 DWT, Sep 2004, Shin Kurushima Ujina) sol

1.The CEO of the Port Authority of Piraeus, Captain Fu Chengqiu and the President of the North Adriatic Sea Port Authority, Pino Musolino, during a meeting held at the PPA headquarters, signed today a Memorandum of Understanding aimed at st

Chinas container transport for export purposes gained momentum in January due to rising shipping demand ahead of the Spring Festival, according to data from the Shanghai Shipping Exchange. The average China Export Containerized Freight Inde

Chinas oil and petrochemical industry registered a profit growth of 32.1 percent in 2018, beating the 10.3-percent average rise for the countrys major industrial enterprises. The industrys output steadily expanded in 2018 and showed fairly

1.Natural gas transactions in the Shanghai Petroleum and Natural Gas Exchange (SHPGX) reached a record high last year in part due to Chinas huge demand for clean energy. The volume of natural gas traded in the exchange amounted to 60.46 bil

High-end facilities, innovative science, talents and robust industries support development Qingdao, a coastal city in eastern Chinas Shandong province, is quickening its pace toward a marine economy of international renown, through innovati

Natural gas transactions in the Shanghai Petroleum and Natural Gas Exchange (SHPGX) reached a record high last year in part due to Chinas huge demand for clean energy. The volume of natural gas traded in the exchange amounted to 60.46 billi

China has achieved real-time transmission of deep-sea data at 6,000-meter depth through Beidou satellites for the first time, according to the Institute of Oceanology under the Chinese Academy of Sciences. It is one of the breakthroughs Chi

The dry bulk market has been reeling under the pressure exerted on freight rates by the lull in the Chinese market. In its latest weekly report, shipbroker Intermodal noted that as the market is already going through the first days of the C