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

A new freight train service has been launched linking Jinan, capital of east Chinas Shandong Province, and Budapest, capital of Hungary, making it the newest China-Europe freight train route. According to Xinhua, this is the fifth freight t

Chinas crude oil output gained 2.5 percent year-on-year in July, data from the National Bureau of Statistics (NBS) showed Wednesday. The growth accelerated from a rise of 1 percent registered in June, according to the NBS. The countrys crud

Just as much salvation has been brought to the world due to developments in marine industry in terms of better technology, there is no denying the fact that simultaneously the natural balance of things has had to pay a price. With ship tran

China plans to build an efficient and environmentally friendly freight system in its western region by 2025 through expanding railway networks and sea ports, according to the latest plan by the National Development and Reform Commission (ND

Guangxi province in southwestern China ramped up coal shipments via railway to Hengzhou power plant, one major coal-fired utility in the province, to meet surging power demand amid scorching weather. Electricity consumption jumped quickly f

Sinanju inks time charter agreement for Singapores first LNG dual-fuel powered bunker tanker Will deliver ExxonMobil low-sulphur marine fuels from Q1 2020 Sinanju Logistics Services, the tanker operating arm of Sinanju Tankers Holdings (Sin

In a study published in June by Norways SINTEF, one of Europes largest independent research organizations, Chief Scientist Dr. Elizabeth Lindstad concluded that from well-to-wake the continued use of heavy fuel oil (HFO) with a scrubber is