The technology group Wrtsil and COSCO Shipping Heavy Industry have signed a Memorandum of Understanding (MoU) covering the development of local production resources, thus ensuring further development and support of Wrtsils exhaust gas clean

Chinas iron ore futures finished higher on Monday. The most active contract for Sept 2019 delivery finished the day session up 1.89 percent to 861 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors

China Shipbuilding Industry Corp, the primary contractor for the countrys naval force, will accelerate the development of intelligent manufacturing processes at its shipyards as part of efforts to build high-end ships, its executives said.

With our commitment to environmental excellence, OOCL is proud to receive the Green Shipping Award at the Seatrade Maritime Awards Asia ceremony in Hong Kong on June 28, 2019. Highly recognized as one of the most important events in the ind

1.The Shanghai Futures Exchange revealed that China plans to launch a bonded low-sulphur bunker fuel oil contract that will enable foreign investors to participate in trading by the end of 2019. 2.Six Chinese firms and Lloyds Register (LR)

The Wailuo offshore wind farm in Zhanjiangs Xuwen county is under construction. [Photo/gdzjdaily.com.cn] The construction of the Wailuo offshore wind farm in Zhanjiangs Xuwen county is in full swing. The 220 kV cable line was connected to g

East Chinas Fujian province recently shared the fruits of optimizing its port business environment and pledged to facilitate more cross-border trade. A smart port construction project agreement signed in mid-June between the Fujian Commerce

Chinas Guangdong Energy Group has reportedly has been forced to discharge a cargo at two separate LNG terminals due to the limited available storage capacity. Citing sources close to the matter, Platts reports the cargo was discharged at th

Multi-award winning maritime lawyer, Rosita Lau, a senior partner at Ince, will be spearheading a group of her colleagues on a mission to Guangzhou in a demonstration of Hong Kongs unparalleled arbitration capabilities. With a clear eyed fo

On the morning of 5th July,a delegation led by Mrs. Annick De Ridder, Vice Mayor of Antwerp President of Antwerp Port Authority visited COSCO SHIPPING headquarters. Capt. Xu Lirong, Chairman of COSCO SHIPPING met with the delegation and the

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday declined by a further 1.9 per cent to US$688 per TEU, while the Shanghai-Mediterranean fell 2.9 per cent to $705 per TEU, according to the Shanghai Co

Dr Lam Pin Min, Senior Minister of State for Transport and Health, witnessed the commencement of reclamation for Tuas Terminal Phase 2 with the installation of the first caisson in a ceremony today. When fully operational, Tuas Terminal Pha

Visiting International Chamber of Shipping secretary general, Guy Platten confirmed that a China Liaison office will be launched in Hong Kong in November to coincide with this years Hong Kong Maritime Week. A ceremony will be held at the an

In 2018 there were 24 Refusal of Access Orders (ban) issued. This shows a decrease from 32 in 2017. Refusal of access (banning) has been used 77 times since 2016. The detention percentage has decreased to 3.15% (from 3.87%). Consequently, t

1.China will further optimize the business environment in ports to spur cross-border trade, officials from the General Administration of Customs said on Wednesday. 2.China aims to launch a bonded low-sulphur bunker fuel oil contract that wi