Iron ore spot markets remain quiet, showing little reaction to news that Chinese policymakers are moving to shore up economic growth. The price for benchmark 62% fines slipped 0.3% to $65.57/t on July 24, according to Metal Bulletin, pullin

1.China's LNG price jumped by 11.1% from ten days ago to 4321.7 yuan/t ($633.5/t) over July 11-20, showed data from the National Bureau of Statistics (NBS) on July 24. 2.General Electric (China) signed a memorandum of cooperation with

China National Petroleum Corp (CNPC) said on July 25 it will spend more than 150 billion yuan ($22 billion) by 2020 to boost oil and gas output in the western region of Xinjiang, to offset falling output from ageing fields in northeast Chin

The total value of Yantais imports and exports reached 140.3 billion yuan ($21.9 billion) in the first six months of 2018, placing it second in Shandong province, according to statistics from Yantai Customs. Yantai, a coastal city in East C

Lessons Learned It is well known that since the global financial crisis of 2008-09 and the ensuing recession, the shipping industry has suffered heavily from overcapacity of ships and insufficient demand for cargoes, leading to downward pre

Evergas is very pleased to announce that the first 85.000cbm VLEC was successfully undocked in China and will be delivered in the first quarter of 2019. Following the successful undocking of the first VLEC, the steel cutting of the second v

Genting Cruise Lines has signed on as a platinum sponsor of China Cruise Shipping 13 (CCS), organized by the China Cruise and Yacht Industry Association (CCYIA) and scheduled to take place in Shenzhen, Nov. 1-3. The two parties recently sig

1.China would implement stricter measures to reduce air pollution around its coastlines starting from early 2019, Wood Mackenzie energy consultancy said that this is a clear sign the world’s second biggest economy will strive for 1

Customer advisory on network breakdown within America Regions Dear Valued Customers, Due to local network breakdown within our America regions, local email and network telephone cannot work properly at the moment. For safety precautions, we

1.The procedure requiring a document to transfer a cargo container, used at Shanghai Port for nearly three decades, has finally been retired with the introduction of automation and the paperless procedure is just one of the latest ef

Chinas cruise market, the worlds fastest growing, is undergoing a capacity adjustment, which is hoped will guide it back onto the right course and benefit both operators and consumers, said industry experts. As the cruise travel market ente

Although the shipbuilding industry has undergone a slowdown over the past few years due to global maritime transport contraction at a time of economic downturn, Chinese shipbuilders have continued to enjoy growth as a result of upgrading. S

Port operator HPH Trust has warned of an unprecedented level of uncertainty, in consequence of increasing trade tensions and disputes between the US and both China and the EU, as it released interim results. Throughput at the Trusts ports f

The image from Internet for reference only. The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.6bn) for the worlds largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,00

1.Orient Overseas (International) Ltd- invested shipment management software provider CargoSmart has moved into the blockchain space with a shipment documentation solution to improve complex supply chain processes. 2.Russian gas p