Star Cruises marked the inaugural sailing of the SuperStar Aquarius from her new Qingdao homeport earlier this week, and also announced the SuperStar Virgo would homeport in Qingdao starting in November. Ang Moo Lim, President of Star Cruis

Chinas crude oil output edged down 1.6 percent year on year to 15.97 million tons in May, narrowing from a 2.3-percent decline in April, according to data from the National Bureau of Statistics (NBS). China produced 515,000 tons of crude oi

Chinas coastal bulk cargo shipping market softened slightly in the week ending June 15 amid slack demand, with a wait-and-see mood haunting downstream enterprises. Regarding coal, power producers became restrained from buying the material a

OCEAN Network Express (ONE) first 14,000 TEU newbuild to bear the joint ventures distinctive magenta branding ONE Stork has made its maiden call in Hong Kong. The ONE Stork called at Hongkong International Terminals (HIT) last Sunday having

Mitsui O.S.K. Lines, Ltd. (MOL; President CEO: Junichiro Ikeda) yesterday announced that it jointly hosted the Shanghai LNG Forum 2018 with COSCO Shipping Energy Transportation Co., Ltd. (CSET) and Shanghai Maritime University. The keywords

In a quick response to U.S. tariffs, Beijing announced on Friday its own duties on American products, including the politically sensitive areas of agriculture products and automobiles. The Chinese State Councils commission on tariffs and cu

1.Recently, the ministry of transport, the national development and reform commission issued that partial port charges will start from June 20, 2018. 2.Investments in LNG have far to go for smaller ports,according to a new report, pre

On the morning of June 15, 2018, Jiangsu Zhejiang Shipyard started steel cutting of the first dual-fuel power (LNG/ fuel) ASD dual-purpose tugboat constructed for the port of Zhoushan in Ningbo.This is another China first project built by J

TAIWANs Evergreen is expanding its container transport choices for customers between Asia and Australia by teaming up with Hyundai Merchant Marine (HMM) and APL to provide a new weekly Central South China-Australia Express (CAE) service. Fi

HONG KONGs Orient Overseas Container Line (OOCL) has announced various changes in its intra-Asia loops on north-south runs to come into effect in July and August. First there is a change in its A3 product to provide more competitive service

Oil prices ended higher on Monday as investors were awaiting the upcoming OPEC (Organization of the Petroleum Exporting Countries) meeting. The West Texas Intermediate for July delivery was up 0.79 dollar to settle at 65.85 U.S. dollars a b

China National Petroleum Corporation (CNPC) launched its direct LNG supply business in Fujian, netting the first contract with the Shuguang Iron Steel company. In 2017, the steelmaker opted to use natural gas instead of coal in its producti

Thermal coal and gas prices have coursed into a bull run, propelled by particularly strong demand across Asia, where electricity consumption is surging thanks to healthy economic growth just as seasonal needs rise with the onset of summer.

1.Both, consumption and production of natural gas increased during 2017, considered a bumper year for natural gas, according to BPs Statistical Review of World Energy for 2017. 2.Clive Beesley, director at marine claims consultancy C Soluti

1.In general, China's marine ecology was ranked "good" last year, but offshore waters are still threatened by acute environmental problems, according to a report released on March 19 by the State Oceanic Administration. 2.China Na