Spot rates for shipping containers from Asia to northern Europe in the week ending Friday was down 5.9 per cent to US$723 per TEU, off 27 per cent since the start of the year, according to the Shanghai Containerised Freight Index (SCFI). As

Chinas crude oil futures settled higher on Friday. The most active contract for June 2019 delivery gained 1.47 percent to 512 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first yuan-denomi

47 students received the Maritime and Port Authority of Singapores (MPA) Global Internship Award (GIA) on 17 May 2019. This is the sixth year of the MPA GIA which sees students from multi-disciplines, ranging from IT and computer science to

CNOOC Gas Power has recently completed maintenance works at its Tianjin liquefied natural gas import terminal. The maintenance was completed during a four-day period before the gas flows to the national transmission network resumed on April

1.Dalian Shipbuilding Industry (DSIC), the flagship yard of China Shipbuilding Industry Corporation (CSIC), has started a research and development program for the construction of large-scale LNG carriers. 2.Chinese state-run shipping conglo

The Port of Hong Kong clocked up its 16th consecutive month of declining box volumes in April. The Kwai Tsing terminals accounted for 1.215m teu, recording a 5.2% drop in box throughput, as midstream volumes increased by 6.5% to 340,000 teu

On May 9, 2019, Mr Wang Yongxin, President of China Merchants Energy Shipping (CMES) visited Mr Yi Tiejun, Secretary of the Party Committee and Chairman of China Railway Hitech Industrial Co., Ltd. in Beijing. The two parties entered into a

The Chinese port of Guangzhou and Brazilian port of Acu signed an agreement Wednesday to establish a sister-port relationship. The agreement was signed at the 2019 World Ports Conference, which opened Wednesday in Guangzhou, capital of sout

Huangpu Port in Guangzhou, capital of Guangdong province, is sparing no efort in developing emerging industries as part of efforts for it to become a modern innovation zone in the Guangdong-Hong Kong-Macao Greater Bay Area, and a new trade

Taiwans clean energy plan, low reliance on coal, uncertainty on the future of nuclear energy and rising electricity demand collectively signal higher LNG demand in the country. In Asia, even as China leads the charge towards becoming the la

APM Terminals Inland Services will be integrated into Maersk Logistics Services from 1 August 2019, providing customers with seamless access to a wider range of logistics services offerings. This is a next step for A.P. Moller Maersk in the

The most active contract for September 2019 delivery finished the day session up 0.05 percent to 680.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors since May 2018. Source:cctvplus The opinions

BIMCOs Documentary Committee has approved an international standard contract for offshore decommissioning projects to provide a balanced set of terms and conditions to both parties in the process. The contract - DISMANTLECON was approved at

Recently, Alfa Laval inaugurated the Alfa Laval PureSOx Training Center in Shanghai, China. Focused on the training of commissioning engineers, the new facility will be instrumental in ramping up the skilled workforce prior to the global su

Mr Niam Chiang Meng, Chairman of the Maritime and Port Authority of Singapore (MPA), opened a new 24/7 Maritime Cybersecurity Operations Centre (MSOC) today. The MSOC will be operated by ST Engineering in its Hub. MSOC will conduct 24/7 mon