China imported 8.66 million tonnes of liquefied natural gas (LNG) in September, down 7.47% month on month, showed data from the General Administration of Customs on October 13. The value of LNG imports totaled $2.26 billion in September. Th

Crude Oil Price Movements Spot crude prices settled significantly lower in September, after four consecutive months of gains. The OPEC Reference Basket (ORB) fell by $3.65, or 8.1% m-o-m, to $41.54/b, while the year-to-date averaged $40.62/

The China Navigation Company (CNCo) today announced it is expanding its project cargo business and has launched Swire Projects to provide specialist shipping services to the energy, resource and infrastructure sector. Swire Projects will be

Chinas crude oil imports rose 2.1% in September from a month ago as some delayed cargoes finally cleared customs after a months-long port congestion eased, while onshore storage capacity was expanded. China,the worlds top crude oil importer

Chinas iron ore imports in September rose thanks to a combination of a supply lift from major miners and easing port congestion, with the coming months pointing to further solid supplies from key players Brazil and Australia. Iron ore shipm

China Tianjin Shipping Index (TSI), an indicator of northern Chinas ocean freight rates for both international and domestic shipping markets, stood at 798.02 points on Monday, up 1.21 percent compared with the previous working day. The stat

Maritime PR and marketing company Polaris Media has appointed Shanghai-based Chen Li Ming as its Chinese representative to support its operations in the maritime sector. Polaris managing director Ben Pinnington said the company, which has o

On October 12, the signing ceremony of Shenzhen Capital Holdings transfer of CIMCs share agreement was held in Shenzhen. After the signing and the completion of the subsequent approval process, Shenzhen Capital and its designated wholly-own

On October 12th, DSIC held the signing ceremony of the large-scale breeding ship project of Dongfang Fishery. DSIC has signed an intention agreement with Dongfang Fishery for the construction of 10+8 large breeding ships. The 10 large breed

According to our Shanghai office, 7 Chinese governmental bodies including the Ministry of Transportation (MOT) have released a notice last week announcing that 10 Chinese ports will resume foreign crew change operations with certain require

Taiwans liquefied natural gas (LNG) imports in September rose to a five-month high since April this year, according to Taiwan trade statistics. In September, Taiwan imported 1.65 million tonnes of LNG, rising 20.47% year on year and up 8.56

Chinese iron ore futures edged higher on Monday on hopes that demand for the steelmaking ingredient will remain robust in the worlds top steel producer, although easing supply concerns capped gains in Dalian while pulling down prices in Sin

With waves of iron ore imports arriving in a record number of shipments throughout the third quarter in China, and no signs of any letup to this explosive demand for the raw ferrous commodity, the Capesive market is expected to remain firm

INTERCARGO ran a series of key meetings virtually on 8-9 October. Its Annual General Meeting, Executive Committee meeting and Technical Committee meeting were held via videoconference. At these important events INTERCARGO re-iterated its co

Christian Hoppe, BIMCOs General Counsel, talked to some of the members of the committee drafting SHIPLEASE Nick Fell of BW Group, who chaired the committee, Wilson Liu of Minsheng Financial Leasing Co., Shen Zhao of CSIC Leasing Co. and Mat