The marine economy of Guangdong province last year reached a whopping 1.93 trillion yuan ($280 billion), ranking first in the country for the 24th consecutive year, according to a recent report released by the Department of Natural Resource

1.Taiwans state-owned CPC Corporation said that it is expected to receive the first liquefied natural gas cargo from Shells Prelude FLNG facility off Australia in October. 2.Cosco Shipping Bulk has signed a strategic agreement with Conch Lo

The Port of Singapore was crowned the Best Seaport Asia for the 31st time at the 2019 Asia Freight, Logistics and Supply Chain Awards (AFLAS) held in Hong Kong on 17 June 2019. In addition, the Port of Singapore was also named the Best Gree

Dalian iron ore pulled back on June 17 from last weeks record-peak, as market participants shrugged off a further decline in inventory of the steelmaking raw material at Chinas ports and focused instead on the outlook for shipments from Bra

On the morning of 17th June, a delegation led by Mr. Yoshinori KANEHANA, Representative Director President and CEO of Kawasaki Heavy Industries, visited COSCO SHIPPING headquarters. Mr. Xu Lirong, Chairman of the Board, and Mr. Sun Yunfei,

Oil supply is confounding expectations. At Wood Mackenzie, we have just raised our forecasts for non-OPEC production, the latest in a series of incremental increases. Cumulatively, weve increased volumes for 2025 by an astonishing 9 million

The latest report from The World Bank crushingly delivers its weakest global growth forecast in three years and the worst predicted global trade growth since the 2008 financial crisis. Global Economic Prospects: Heightened Tensions, Subdued

Since the inception of merchant ships, bulk carriers have been used extensively for transporting cargo across oceans. A wide range of commodities is carried in bulk that includes coal, grain, ore, cement, sulphur, bauxite, aluminium, steel

Taiwans state-owned CPC Corporation said that it is expected to receive the first liquefied natural gas cargo from Shells Prelude FLNG facility off Australia in October. The unit located 475 km North East of Broome in Western Australia ship

1.Taking into account the difficulties found in conducting a safe and efficient ballast water exchange in the waters between China and South Korea, the maritime safety administration of China has issued a notice (Marine anti-pollution Decre

On the afternoon of 14th June, a delegation led by Mr. Ahmed Aboutaleb, Mayor of Rotterdam, visited COSCO SHIPPING headquarters. Capt. Xu Lirong, Chairman of COSCO SHIPPING, met with the delegation and discussed about topics of common conce

The oil market is likely to tighten further in the second half of the year due to further supply restraints and relatively healthy demand, with IMO 2020 potentially pushing Brent crude toward $80/b by end-2019. SP Global Platts Analytics be

Portugals first largest artificial and deep-water port, the Port of Sines recently played host to a delegation from the Yantian Port, accompanied by the Embassy of the Peoples Republic of China in Lisbon. Besides discussing cooperation poss

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday fell 4.4 per cent to US$745 per TEU, while the Shanghai-Mediterranean run flattened to $741 per TEU, according to the Shanghai Containerised Freight I

According to research by C-Job Naval Architects, Ammonia can be safely and effectively applied as a marine fuel to reduce harmful emissions in the maritime industry. The research uses a new concept design, an ammonia carrier fueled by its o