Global oil markets are adjusting to relatively strong demand for diesel and jet fuel compared to gasoline, coupled with the introduction of new bunker fuel regulations at the start of 2020. Rising diesel and jet fuel prices, at least relati

The China Marine Economy Expo is a large marine economic and trade event co-hosted by the Ministry of Natural Resources and the Guangdong provincial government. It is an important platform to showcase marine economy development and the inno

The Singapore Chamber of Maritime Arbitration (SCMA) is delighted to announce that it has entered into a Cooperation Agreement with the China Maritime Arbitration Commission (CMAC) to promote maritime arbitration as a means for the effectiv

Hong Kong Chief Executive, Carrie Lam opened proceedings at the 8th Asian Logistics and Maritime Conference, to a capacity audience at the Hong Kong Convention Centre yesterday (20 November). Delegates from more than 30 countries joined loc

1.The 8th edition of the ALMC which spotlights Asian Connectivity in the new global and regional economic order, as well as the New Retail revolution start today in HK. 2.The technology company The Linde Group has been awarded a contract fr

China has put a new container ship with a capacity of 1,140 standard containers into service on the countrys longest river, the Yangtze, as part of an upgrade of vessels on the waterway. The ship was commissioned to go on route between the

Chinese President Xi Jinping and Bruneis Sultan Haji Hassanal Bolkiah reaffirmed their political resolve to enhance the bilateral ties through cooperation and collaboration across various areas including oil and gas, the two sides said in a

Demand drivers and freight rates Some 13.7 million TEU were shipped globally in September, bringing the full year total up to 125.2 million TEU. While that is an improvement of 4% for both the month (year on year) and year to date, the grow

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 2.4 per cent to US$753 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade was also down 1.3 per c

1.Japanese trading house Mitsui Co has returned to Yangzijiang Shipbuilding for more bulker newbuildings. 2.Singapores Sea Consortium is expanding its fleet with contracts for two Chinese newbuildings.Brokers said the company has ordered a

Hong Kongs Orient Overseas Container Line (OOCL) has introduced its new South Africa products, namely the South Africa Service 1 (SAF1), South Africa Service 2 (SAF2) and South Africa Service 3 (SAF3) effective from December 6, November 30,

Digitalisation is re-shaping the business world and is increasingly important for gaining competitive edge. Emerging technologies, together with the evolution and development of new platforms, are unparalleled opportunities within shipping

1.Swiss technology company ABB has been selected to supply equipment for the Zhangbei high-voltage direct-current (HVDC)grid in China. 2.The 6th Sustainable Ocean Summit just ended after three tremendous days in Hong Kong. 3.COSCO Shipping

PetroChina will merge its wholesale natural gas sales unit with retail provider Kunlun Energy to shore up profits though the move worries independent gas sellers that fear the combination will create a monopoly, said Reuters on November 15.

The 6th Sustainable Ocean Summit just ended after three tremendous days in Hong Kong. As Maisie Cheng, Director of Marine, Hong Kong SAR, highlighted so well during the Welcome Reception, Hong Kong serves as an international maritime centre