Chinas major oil and gas giants expect their net profits and net incomes to surge for the first half of this year, benefiting from the revival in crude oil prices, but analysts believe high earnings growth will be hard to maintain in the se

Russian gas firm Novatek earlier announced that the Rusanov and its sister ship Eduard Toll had left the frozen Arctic without an icebreaker escort. The first official Yamal LNG delivery to China took place in April, when the Pskov travelle

1.The Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) on MARPOL Annex VI from 1 September 2018 and ending 30 November 2

International technology group GEA signed a contract for its new transcritical CO2 industrial refrigeration technology, with PO Cruises, part of Carnival Corporation PLC, the worlds largest commercial cruise ship operator. The green refrige

The image from Internet for reference only. Chinese research vessel Dayang Yihao (Ocean No.1) departed from east Chinas Qingdao city on Tuesday, heading for northwest Pacific ocean for its 48th deep-sea mission. The 48th mission aims to con

Hong Kongs Orient Overseas Container Lines (OOCL) has announced coming changes in its transpacific and Middle East services to improve schedule reliability and expand market coverage. Thus, the Pacific China North 1 (PCN1) service will omit

1.Hong Kong has released its Air Pollution Control (Fuel for Vessels) Regulation that requires all ocean-going vessels to comply with the 0.5 per cent sulphur in fuel oil limit when visiting the port, from January 1, 2019. 2.Conta

The outgoing secretary general of the International Chamber of Shipping, Peter Hinchliffe and his heir apparent, Guy Platten are taking a breather during a whistle-stop tour of Tokyo, Hong Kong and Singapore. Their purpose is to offer feedb

A ship sails in the Spratly group of islands in the South China Sea. China said on Monday its dispatching of a rescue ship to the Nansha Islands shows its commitment to fulfilling its duty in the South China Sea. Dispatched by the Nanhai Re

China transported 23.21 billion tons of freight in the first half of the year, up 6.9 percent year-on-year, according to the Ministry of Transport on July 26. Ports above scale handled 6.54 billion tons of cargo during the same period of ti

COSCO SHIPPING Lines is in the process of getting its Americas business back under control following last weeks cyber attack.The shipping company expects to have communication with customers back on track this week. And the company made the

1.COSCO SHIPPING Lines’network applications in the Americas have been totally recovered.And there has been a further increase in service response. 2.The Hong Kong-based maritime transport company Pacific Basin Shipping, has announce

For the second quarter ended 30th June 2018, total volumes were 4.6% up from the same period last year said Orient Overseas (International) Limited. Total revenues increased by 4.0% to US Dollars 1,462.4 million. Loadable capacity increased

The image from Internet for reference only. A professional rescue vessel started to be put into service on Friday on the Zhubi Rock, the Nansha Islands. The ship, Nanhaijiu 115, was dispatched by the Nanhai Rescue Bureau under the Ministry

Clement Cheung, previously Commissioner of Insurance from 2006-2009, was appointed chief executive of Hong Kongs Insurance Authority on Friday (27 June). The IA is a new insurance regulator independent of the Government. It assumed the stat