BIMCO and INTERTANKO have jointly published QAs addressing the contractual implications owners and charterers should keep in mind when chartering ships fitted with scrubbers. The QAs highlight the key charter party clauses and concepts whic

On 18 May, 2019, Mr Wang Yongxin, President of China Merchants Energy Shipping (CMES), attended the delivery ceremony at the dock of CSC Jiangdong Shipyard for CHANG HANG JIANG YAO, the commodity vehicle Ro-Ro ship ordered by CMES. Mr Wu Ji

A DELEGATION from the International Chamber of Shipping (ICS), the Asian Shipowners Association (ASA) and the European Community Shipowners Associations (ECSA) has expressed concern over recent increases in protectionist measures. In a meet

Chinas liquefied natural gas (LNG) imports registered a surge of 35.1% from a year ago in April, latest customs data showed on May 23. China imported 4.54 million tonnes of LNG last month, growing 11.8% from a month earlier, according to th

Chinas iron ore futures finished higher on Friday. The most active contract for September 2019 delivery finished the day session up 0.34 percent to 732 yuan per ton. China has opened the domestically-traded iron ore futures to foreign inves

On 16 May, 2019, China Merchants Energy Shipping (CMES) and Rongsheng Petrochemical Co., Ltd. (Rongsheng Petrochemical) held a signing ceremony for the strategic cooperation agreement in Hangzhou, Zhejiang. Mr Wang Hong, Executive Vice Pres

Trade conflicts and geopolitical risks are driving sentiment on ocean shipping rates, particularly in the container market. In liquefied gas sectors, propane transport to Asia is looking increasingly vibrant after a multi-year malaise, whil

1.The EY and Guardtime marine insurance blockchain joint venture company Insurwave Limited have announced a new agreement with Zhuhai Port Holdings Group Co., Ltd. to explore and collaborate on shipping logistics and marine insurance to pro

The EY and Guardtime marine insurance blockchain joint venture company Insurwave Limited have announced a new agreement with Zhuhai Port Holdings Group Co., Ltd. to explore and collaborate on shipping logistics and marine insurance to promo

1.Chinas southwest province of Sichuan signed Memorandum of Understanding (MoU) with the Port of Rotterdam to jointly develop China-Europe multimodal transportation via Chengdu-Tilburg railway link. 2.The Xiamen port in East Chinas Fujian p

With the maiden call of ms OOCL United Kingdom at Cosco Shipping Ports Terminal Zeebrugge in the early morning of May 18, a new record was set in the port of Zeebrugge. The 21,413 Teu vessel is the largest container carrier in the world, de

Chinas iron ore futures jumped to a new record high on Wednesday, fuelled by a persistently bullish outlook as steel mills look to source raw material after running down stocks. The most-traded iron ore futures on the Dalian Commodity Excha

The international maritime shipping industry is crucial to the global economy. Shipping vessels transport essential energy commodities like crude oil and diesel, dry bulk goods such as iron ore and grains, and finished manufactured products

The annual Lloyds day in Hong Kong witnessed the usual strong presence of London syndicates this week. But the conversation among many was often of the decimation of a marine syndicates, which has led to many seasoned underwriters losing th

SDIC and Huaneng Caofeidian ports announced to lower lump-sum charges on May 22, said their operators in notices released on May 21. The two ports both cut lump-sum charges by 2 yuan/t to 16.5 yuan/t, effective 0:00 on May 22, according to