Saudi imports down 19%, still Chinas No.1 source since Nov 2020 UAE crude arrivals fall 32% y-o-y Malaysia imports doubled in June Saudi Arabia was Chinas biggest crude oil supplier in June for the eighth consecutive month, customs data sho

Global shipping has announced an unprecedented cross-industry event, to be held during COP26, bringing together leaders in shipping, energy, politics and finance to discuss maritime decarbonisation efforts. Held in Glasgow on the 6thNovembe

Container shipping The prosperity of the container market continues, and there is no sign of weakening recently, and the profitability of liner companies is guaranteed. However, supply chain obstruction and port congestion will continue unt

At 14:00 p.m. on July 15, Yangzijiang Shipbuilding successfully signed and delivered the second 50000DWT MR chemical tanker CELSIUS PORTSMOUTH, which was built for Celsius Shipping. Following the delivery of the first ship last month, the s

With the changing times and technological advancement, the shipbuilding industry is emerging from the traditional industry through continuous transformation. The reporter visited three state-owned shipbuilding enterprises under China State

Chinas aluminum imports in June rose 30% from the prior month, data released by the General Administration of Customs showed on Sunday. Imports of unwrought aluminum and products which include primary metal and unwrought, alloyed aluminum w

The Baltic Exchanges main sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its four-session falling streak on Monday as the capesize index bounced back. The index, which factors in rates for capesize, p

Chinas index of export container transport went up 13.9 percent month-on-month in June, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 2,483.6 last month, according to the exchange

On 17 Jul 21, two incidents of unauthorised boarding occurred to ships while underway off Tanjung Pergam, Bintan Island, Indonesia. The two incidents occurred within an interval of 30 mins and in close proximity to each other in the eastbou

China launches one of the most energy efficient VLCCs ever built following CCS surveys (see film ) One of the most advanced and energy efficient VLCCs ever built in China is now operational following extensive surveys by China Classificatio

Waigaoqiao Shipbuilding has received four orders for another 7,000TEU container ships, bringing the total number of orders received so far this year to 12. The pioneer of Chinas construction of super large container ships began to seize the

On July 14, CIMC issued an announcement stating that the consolidated net profit of the group attributable to shareholders and other equity holders of the parent company for the six months ended June 30, 2021 will turn losses into profits c

LNG solution could resolve headache for shipowners as they wrestle with retrofit options in face of environmental agenda to cut emissions The need to upgrade ships in line with new environmental rules represents a billion-dollar dilemma for

On July 18, the main hull of the FPSO SEPTIBA, built by China Merchants Heavy Industry (Jiangsu) for SBM Offshore, was successfully delivered and left port. SEPTIBA is a new FPSO with the largest tonnage and the largest oil storage capacity

Brisk activity at ports across China is set to be one of the most visible effects of the ongoing global recovery, a think tank said. The container shipping industry is projected to see recovery this year, mainly due to East Asian economies,