BIMCO has published an updated version of its widely used Hull Fouling Clause for Time Charter Parties. The new edition more clearly sets out the circumstances and point in time when responsibility for hull cleaning passes from owner to tim

1.Shanghai Gentco Logistics has poached chemical chartering expert Si Liang, until now general manager of Greathorse Chemical.The move means women, including general manager Song Wei, hold two of the three highest management positions at Ch

Chinas iron ore surged to a record on Thursday after Rio Tinto Ltd lowered its Pilbara shipment guidance, suggesting that supply could remain tight even as Vale SA is set to resume full operations at its Brucutu mine. Mining giant Rio Tinto

The biofuel in the pilot project is the same blend of used cooking oil and heavy which has been tested and successfully validated in a trial driven in collaboration with the Dutch Sustainability Growth Coalition (DSGC), and Shell his year.

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco union, has announced the cancellation to a number of transpacific sailings in response to low seasonal demand. Thus, in the Pacific China South 1 (PCS1) service, the sailing of C

Sinopec, one of Chinas key oil and gas developers, started construction of the Qingdao-Nanjing gas transmission pipeline on June 14, a strategic deployment to further expand its gas supplying capacity and covering areas, state media Xinhua

Spot iron ore prices surged past $117pmt today as Rio Tintos production target cut outweighed Vales announcement to resume operations fully at its Brucutu mine*. Although Vales restart could potentially release more iron ore into the market

Bigger ships offer advantages to both ship owners and those wishing to ship cargoes, and this trend is unlikely to change. The average size of ships has been increasing over the past several decades. Advances in production techniques, vesse

Taicang port in Jiangsu province saw a steady increase in its cargo throughput in the first five months of 2019, according to the ports management committee. From Jan-May, the port handled 2.13 million containers, 93.57 million tons of carg

For the key focus on PSC Inspection of BWM in Ports of China, more awareness on ballast water record book should be raised by ship owners and masters. During Xinde Marine News Green ShipTech Seminar held on last week at Shanghai, the Ship S

Ship owners have been taking actions in order to comply with 2020 Sulphur Cap. Open loop scrubber with LSFO would be a better solution from a overall perspective. During Xinde Marine News Green ShipTech Seminar held last week at Shanghai, t

1.Intermarine UK signed a new agreement with a Chinese manufacturer to establish at the Port of Portland one of UKs centers for scrubber installation. The deal was signed during Nor-Shipping 2019, with Shandong Pure Ocean Technology. 2.For

Demand drivers and freight rates As weak demand growth is forecasted for the coming quarters, the container shipping industry is set to return to negative margins. Iran, Libya and Venezuela face export limitations because of sanctions and i

Chinas iron ore futures surged nearly 6% to hit a record high on Wednesday, following a broad rally in prices across assets, as investors hoped that trade talks between Beijing and Washington would restart after a recent lull. China and the

On the morning of 19th June, Mr. Wojciech Zajączkowski, Ambassador of the Republic of Poland to China, visited COSCO SHIPPING headquarters. Mr. Yu Zenggang, Executive Vice President of COSCO SHIPPING, met with the delegation led by Ambassa