Chinas crude oil futures settled higher on Monday. The most active contract for September 2019 delivery increased 3.32 percent to 432.0 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first y

South Chinas Guangxi Zhuang autonomous region saw its foreign trade volume reach 264.14 billion yuan ($37.51 billion) in the first seven months of the year, up 23.8 percent year-on-year, local authorities said Monday. The growth was 19.6 pe

The Baltic Exchanges main sea freight index fell on Monday, breaking a seven-day winning streak as rates for capesize vessels eased. The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 21 points, or 1%, to 2,0

1.Shenzhen Gas, a Chinese city-gas distribution company is set to launch its first fully-owned terminal in southern China. 2.Hong Kong-based Yun Lee Marine Group has entered into a subscription agreement with New Legend to subscribe 51% equ

Shenzhen Gas, a Chinese city-gas distribution company is set to launch its first fully-owned terminal in southern China. Speaking to Reuters, Qiu Lihua, general manager of Sino-Benny, a Shenzhen Gas company, said this will make the company

On the afternoon of August 13, a delegation headed by Mr. Huo Gaoyuan, Chairman and Party Secretary of Shandong Port Group, paid a visit to COSCO SHIPPING and held talks with Capt. Xu Lirong, Chairman and Party Secretary of COSCO SHIPPING.

The Maritime and Port Authority of Singapore (MPA), together with its partnersSingapore Exchange Limited (SGX), Global Compact Network Singapore (GCNS), Institute of Singapore Chartered Accountants (ISCA), and sustainability consultants fro

Hong Kong-based Yun Lee Marine Group has taken a 51% stake in compatriot marine services provider, New Legend, at a cost of HK$34.5m (US$4.4m). Yun Lee Marine offers vessel chartering services within Hong Kong waters, and the companys prime

On the morning of 10 August 2019, Mr Wang Hong, Executive Vice President of China Merchants Group, made a visit to PetroChina International (Middle East), to meet with Mr Huang Yongzhang, General Manager of PetroChina International (Middle

ShipParts.com held the e-Procurement Seminar in Brazilian Offshore Marine on August 8 th in Rio de Janeiro. The event brought together guest speakers from Bureau Veritas (BV), China Classification Society (CCS), Korea Marine Equipment Associ

In a message to the maritime community Thursday, the U.S. State Department said that it will use an anti-terrorism law to deny visas to seafarers who work aboard vessels carrying Iranian oil. The announcement came as the Iranian-controlled

On the afternoon of 15th August, a delegation headed by Mr. Eduardo Bartolomeo, President and CEO of VALE S.A., visited COSCO SHIPPING headquarters. Capt. Xu Lirong, Chairman of the Board, and Mr. Huang Xiaowen, Executive Vice President, me

A key part of a sea-crossing highway bridge of the Ningbo-Zhoushan Port Main Channel was completed recently. The Ningbo-Zhoushan Port Main Channel is being designed to establish a large cross-sea passage that connects Ningbo, Zhoushan and S

A new container shipping line between Qingdao and Weihai, two coastal cities in eastern Shandong province, witnessed its maiden voyage on Saturday, a fresh step to accelerate port asset integration in the province. Li Fengli, general manage

1.Chinas Jinjiang Shipping has launched a container shipping service for Taicang Port-Southeast Asia. 2.Cosco, the operator of Piraeus port, plans to build a $400m fourth terminal at Greeces leading port. 3.A new freight train service has b