Japan could lose its position as the worlds top LNG importer to China as early as 2022, said a new report by consultancy group Wood Mackenzie. By then, LNG imports in Japan are expected to decline 12 per cent to 72.8 million tonnes per annu

1.China has hinted at a tighter restriction on the use of open-loop scrubbers within the countrys emission control areas (ECAs) from January. 2.Ningbo Zhoushan port, Chinas busiest port, saw cargo throughput rise 5.5 percent year on year to

Ningbo Zhoushan port, Chinas busiest port, saw cargo throughput rise 5.5 percent year-on-year to 557.96 million tons in the first half of 2019. Meanwhile, the container throughput at the port in eastern Chinas Zhejiang province reached 13.9

China issued its third batch of export quotas for refined oil products for 2019, totalling 6 million tonnes, three traders told Reuters on Wednesday. The new batch raises the total export quotas for refined oil products to 48.15 million ton

Following the most recent report from the International Maritime Bureau (IMB) that the waters off West Africa remain the most dangerous hotspot for piracy and armed attacks on shipping, armed pirates kidnapped 10 Turkish seafarers from a Tu

Shipowners and creditors are scrambling for additional credit lines to cover the anticipated rise in low sulfur fuel oil prices post IMO 2020, market participants said this week. About $4 billion/month of extra credit will be needed startin

Guangdong-based Dapeng LNG terminal, Chinas first LNG terminal, had received more than 1,000 ships of the fuel as of July 19 since its operation in 2006, Xinhua News Agency reported. The terminal had received a total 67 million tonnes of LN

Chinas crude oil futures settled higher on Wednesday. The most active contract for September 2019 delivery increased 1.54 percent to 440.5 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its firs

During 16 22 Jul 19, one CAT 21 incident of piracy was reported to the ReCAAP ISC. The incident involved a Korea-registered bulk carrier C.K. Bluebell which was boarded by seven perpetrators who were armed with guns and knives on 22 Jul 19

Guangzhou plans to build the worlds first automated unmanned parallel container quay for the fourth phase construction of the Nansha area of Guangzhou Port by 2021. The fourth phase includes construction of four 100,000-metricton ship berth

The Oslo-listed shipowner Stolt-Nielsen launched its first 7,500-cbm liquefied natural gas carrier at the Keppel Nantong Shipyard in China. First of the two vessels with ship-to-ship bunkering capability was launched on July 20 at the shipy

One of the worlds largest containerships by carrying capacity at 21,413 teu, the OOCL Hong Kong, will be making her maiden call to the Port of Hong Kong on July 25th this Thursday. She will be breaking the record for being the largest conta

1.Zhuhai Port Shipping, the shipowning unit of Zhuhai Port, has signed a strategic agrerment with Zhuhai-based startup company Cloudrift to jointly work on the development of unmanned ships. 2.Yonghua Shipping, a shipping unit of Shanghai-b

Singapore has retained its crown as the biggest international shipping center in the world, according to the Xinhua-Baltic International Shipping Center Development Index published in Shanghai on July 11. Hong Kong came in second, followed

Smart devices have the potential to radically transform the utility and value of shipping container equipment assets, according to Drewrys latest Container Census Leasing Annual Review Forecast 2019/20 report. Smart containers have increase