The Very Large Gas Carrier (VLGC) freight rates started to recover towards the end of the first quarter as U.S. consumption reverted to seasonally lower levels pushing U.S. LPG prices down, widening the geographical LPG price arbitrage betw

The 1Q liquefied natural gas (LNG) shipping market declined from strong 4Q levels in line with historic seasonality, said Golar LNG, a LNG shipping company registered in Bermuda. LNG demand growth in China and other SE Asian countries was l

There are a number of different Key Performance Indicators (KPIs) that are vital for the long-term success of a company. Organisations such as BIMCO release new ones on a regular basis but do people really have the time to sit down, collate

The Xiamen port in East Chinas Fujian province is expected to handle 20 million containers per year by 2035, according to its newly approved overall plan by the Ministry of Transport and the Fujian Provincial Government. In addition to bein

In the wake of recent costly cyber security incidents involving large shipping companies, cyber security has become a major focus in the maritime industry. BIMCO has taken a lead position on cyber security issues through its active role at

Chinas steel futures edged up on Tuesday despite the concerns over escalating tension between the worlds top two economies, as investors expect stronger steel demand from property market. Although the costlier trade war had weighed on finan

A vessel fully loaded with paper pulp left Punta Pereira Uruguay in South America and headed for its destination in Western Europe in the beginning of 2019, marking COSCO Shippings first regular service in the Atlantic Ocean. Since official

1.Chinese bulk shipping operator CSC Phoenix has put its 1986-built panamax bulker Yao Hai up for sale.The company said the Japanese-built 69,497 dwt vessel is going to reach the compulsory scrap age limit by November this year. 2.Chinas Fo

The International Maritime Organization (IMO) has approved and adopted a comprehensive set of guidance and guidelines to support the consistent implementation of the lower 0.50% limit on sulphur in ships fuel oil, which will enter into effe

For more than 40 years, preserving the integrity of shipped goods has been a top priority for the CMA CGM Group, particularly in terms of sensitive products such as medicines that directly impact public health and patients quality of life.

China is going to invest 160 billion yuan ($23.17 billion) to build an offshore wind farm project in the coastal areas of Jiangsu province, with a planned installed capacity of over 10 GW, local media reported. Research, development, constr

The first batch of 30 standard railway containers loaded with coal departed from Zhoushan port in Ningbo city of Zhejiang province in eastern China at 14:00 pm May 20, marking the citys shifting of coal transport from road to rail in line w

Chinas iron ore futures finished higher on Tuesday. The most active contract for September 2019 delivery finished the day session up 1.34 percent to 717 yuan per ton. China has opened the domestically-traded iron ore futures to foreign inve

By focusing on a select group of commercially impactful digital solutions, enriched by customer input, near-term benefits are achievable; Dennis Mol, Vice President, Digital and New Business Transformation, MacGregor, explains how When seaf

On May 10, 2019, China Merchants Shipping (CMS) held a special conference on digital innovation in New Era Plaza in Shekou. Mr Wang Yongxin, Executive Deputy Director of CMS, Mr Liu Weiwu, Mr Zhang Baoliang, Mr Lyu Shengzhou, Mr Yan Wushan,