ISL Star, a bulk carrier managed by Wallem Group, together with the U.S. Coast Guard successfully retrieved a crew of eight Indonesian fishermen adrift for over a week after their boat lost power in the middle of the western Pacific. The Ha

1.Chinese domestic dry bulk shipping operator CSC Phoenix has announced that Shaanxi-based Nanye Group,has increased its shareholding in the company to 5%. 2.Brazils Vale and Chinas Ningbo Zhoushan Port Group have signed a memorandum of und

Container shipping is rediscovering the potential of enhancing service by providing guarantees, thanks to technology. Container shipping seems to be embracing the trend towards enforcing commitments from contract stakeholders, whether carri

Shenzhen, the neighboring city of the Hong Kong Special Administrative Region (HKSAR), will renovate one of the seven ports that link it to the region and will make it the largest dock facility that provides tourist services. One analyst sa

China successful installed a pre-assembled wind turbine onto a fixed foundation in an offshore wind farm off the coast of east Chinas Jiangsu Province on Saturday. Before the installation, the tower and the turbine were completely assembled

Analysts Alphatanker said in its latest report that The past few weeks have seen a number of tonnage owners release statements indicating that their scrubber retrofitting programs were falling behind schedule. Notably, Diamond S Shipping ha

China National Petroleum Corp (CNPC), the countrys largest oil and gas company, has been stepping up its equivalent overseas equity production of oil and gas in recent years to meet the surging demand at home, China Daily said. It vowed to

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