1.On December 23, 2019, COSCO SHIPPING and China National Offshore Oil Corporation (CNOOC) signed a strategic cooperation framework agreement. 2.Ren Yuanlin, chairman of Chinas largest private shipbuilder Yangzijiang Shipbuilding, has finis

The IMO considers exhaust gas scrubbers to be an acceptable means of reducing vessels sulphur emissions and ensuring compliance with MARPOL Annex VI. A separate guideline, Resolution MEPC.259(68) , specifies the requirements for the verific

1.National Energy Group Huanghua Port recently realized full-process remote control and completed the first unmanned operation of a coal port in China. 2.Zhenhua Heavy Industry signed a contract with SAIC for two 3000-square-meter self-prop

The IMO considers exhaust gas scrubbers to be an acceptable means of reducing vessels sulphur emissions and ensuring compliance with MARPOL Annex VI. A separate guideline, Resolution MEPC.259(68), specifies the requirements for the verifica

1.The Coast Guard launched its ice breaking season Monday, as winters cold temperatures are anticipated to impact every port, waterway, and harbor in the Northeast. 2.Waigaoqiao Shipbuildings annual total shipbuilding completion of 5.5 mill

The Indian Register of Shipping (IRClass) received major shipping accolades in December 2019, cementing its growing influence as an international ship classification society as the year draws to a close. IRClass continued to be featured in

A new report summarizes the discussions that took place when more than 220 decision-makers convened for the Global Maritime Forums second Annual Summit in Singapore. Together, they identified collaboration as a key driver for positive chang

Shanghai Lees Fuda Electromechanical Technology Co., Ltd. , a provider of ballast water management systems, which has independently developed and produced the LeesGreen ship ballast water management system (BWMS) with completely independent

Maersk announced that Eddie Min (Min Gor Jon), will leave from his current position as China Portfolio Manager in APM Terminals on April, 2020, but will continue to support his successor Michael Han in an advisory capacity to ensure a smoot

1.Taishan Petrochemical entered into a sale and purchase agreement with the buyer Prime Wealth Capital Limited. 2.Deputy secretary of the Nanjing Municipal Party Committee of Jiangsu Province investigated Nanjing Jinling Shipyard. 3.CMES an

1.Jinhui Group announced that the seller is an indirect subsidiary with approximately 55.69% equity in the company, and entered into the agreement with the buyer. 2.Starting from December 20, 2019, the new version of the seafarers certifica

Crude prices have risen after the Opec+ group of producer countries agreed to add an extra 500,000 b/d of cuts to its current agreement, from 1 January. This, and higher freight costs, have helped pull up premiums for crude traded on a deli

Attractive steel margins and a relative lack of pollution controls are having a marked impact on the iron ore procurement preferences of Chinas steel mills in December ahead of the Lunar New Year holiday that falls early in 2020, on January

1.China commissioned the CNS Shandong its second aircraft carrier and the first such ship wholly designed and built domestically on Tuesday afternoon at a naval base in Sanya, Hainan province. 2.With the delivery of the last Arc7 icebreakin

With the fuel switch in full swing, VLSFO prices continue to rise. In Singapore 0.5% VLSFO prices increased by 12% since the beginning of the month and hit an all-time high of $622.5pmt yesterday. The price spread between 3.5% HFO and 0.5%