COSCO Shipping plans to sell its Long Beach container terminal through a US trustfund to enable it to merge with the terminals owner, OOCL. The sale is intended to appease US regulators concerned with a Chinese state-owned enterprise owning

Capesize A shaky start to the week in Asia where rates on the key West Australia/China run lost almost 90 cents dropping to $8.30. However, ongoing interest from the miners and operators saw levels regain ground with the expectation of over

Chinas imports of solid wastes slumped in the first half of 2018 as the government stepped up enforcement of a ban. Imports of plastic, paper, and metal waste totaled 9.98 million tonnes for the period, down 56.3 percent from the same perio

A Sea Sentry wash water monitoring system for ship exhaust gas cleaning systems from maritime sensors manufacturer Chelsea Technologies Group (CTG) has been installed in a Shandong Pure Ocean Technology scrubber, which has been retrofitted

AMSA bans Shandong bulker over crew pay,whats the inside story?? The Clarification of Bulk carrier banned for underpaying crew The Australian Maritime Safety Authority (AMSA) has banned the Hong Kong-flagged bulk carrier MV Shandong Hai Wan

1.To improve the quality of Chinese domestic shipping and promote the environmentally friendly development of water transport within China, on 3 July 2018 the Chinese Ministry of Transport published new requirements for the emissions

Chinas steel rebar futures hit their highest in 10 months on July 12 amid potential tight supply as the government intensifies efforts to clean up the environment. On July 11, Chinas cabinet launched a new cross-ministerial leadership group

The European Union and China are expected to set up a working group to deepen cooperation on reforming the multilateral trading system, said a senior EU trade diplomat on Wednesday. This joint decision is likely to be finalized at the upcom

Officials from home and abroad took part in the Global Forum on Green Shipping in Shanghai on Wednesday and discussed topics ranging from how the environmental impact of shipping can be reduced to how maritime safety and efficiency could be

There has been a structural increase in LNG import demand into China. There was a gradual increase in demand from the start of 2016 through the middle of 2017. From 2017 through to the present the contribution of global ton mile demand comi

Alaska officials said they remain confident that China will help the state achieve its decades-old dream of building a pipeline to carry now-stranded natural gas from the North Slope to markets, despite growing US-China trade tensions. Chin

China National Offshore Oil Corp (CNOOC) has signed a production-sharing contract (PSC) with Roc Oil (Bohai) Co and Smart Oil Investment for an oilfield in the South China Sea, domestic news site stock.qq.com reported on Tuesday. According

The appetite for newbuilding orders across most shipping markets has started to wane after over US$10bn was spent in the first quarter of 2018, shipping analyst VesselsValue stated in a market report. The total committed to new deliveries i

HANGZHOU - Four people are still missing after their boat lost contact off the coast of East Chinas Zhejiang province Tuesday night, local authorities said Wednesday. Seven people have been rescued as of 6 pm. Police in Xiangshan county of

Venezuelan oil production crashed to a new 30-year low of 1.5 million barrels a day in June, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday. The South American nation earns 96 percent of its revenue through o