Throughput volumes at the Port of Hong Kong fell 2.8% in March, to 1.58M teu. The Kwai Tsing terminals accounted for 1.23m teu, 1.6% down on the figure recorded in March 2018. The midstream operators handled 350,000 teu, a fall of 7% compar

Chinas crude oil futures settled lower on Thursday. The most active contract for June 2019 delivery dropped 0.17 percent to 472.6 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first yuan-de

DNV GLs Head of Technical Centre China Falk Rothe handed over the two certificates to Dr. Lixin Xu from China Merchants Offshore Technology and Research Center (CM-OTRC). The management team and project members from CM-OTRC also joined the

Gas is the future. Among the reasons oil companies are latching onto gas as the energy transition looms are that its plentiful, future demand growth outstrips oil and it has relatively low carbon intensity. Amidst all this, the LNG market i

Chinas Dalian iron ore futures plunged on Wednesday as Brazilian iron ore miner Vale SA is set to resume operations at the Brucutu mine, although its Australian rivals cut their production guidance for the year. The most-traded iron ore fut

1.China has tested the worlds first armed amphibious drone boat with success. Built by Wuchang Shipbuilding Industry Group, under China Shipbuilding Industry Corporation (CSIC), the drone ship Marine Lizard, passed delivery checks and left

GTMaritime specialises in providing solutions and services that serve to ensure vessel compliance and business operability 365 days a year, as well as keeping crew in touch with friends and family whilst at sea. Their solutions include e-ma

One Sea is a high-profile ecosystem with a primary aim to lead the way towards an operating autonomous maritime ecosystem by 2025. The Finnish collaboration gathers together leading marine experts and is a strategic combination of top resea

On April 11, 2019, Mr Xie Chunlin, Chairman of China Merchants Energy Shipping (CMES), met with Mr Fan Qiang, Vice President of China Classification Society (CCS), and his fellows in Hong Kong. Mr Huang Lifan, Deputy General Manager of CCS

Chinas crude oil futures settled higher on Wednesday. The most active contract for May 2019 delivery gained 0.81 percent to 472.1 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first yuan-de

As Greece exited its eight-year bailout last summer, the Piraeus port shined with rising throughput and revenues. The port has enjoyed a long historical excellence since ancient times, but its fate took a wrong turn a decade ago. The throug

The World Dream, a ship owned by Dream Cruises, the first luxury liner brand in Asia, docked at the Xiamen International Cruise Home Port on April 16. The cruise ship was the largest to be received by Xiamen home port since its berth renova

The technology group Wrtsil and Samsung Heavy Industries (SHI) have signed a Joint Development Project (JDP) agreement aimed at establishing a more efficient solution for LNG Carrier and Shuttle Tanker vessels. Overall cost optimisation, in

NSSLGlobal is an independent service provider of satellite communications and IT support, committed to delivering high-quality voice and data services to customers anywhere in the world, regardless of location or terrain. Along with NSSLGlo

The first LNG receiving terminal funded by a domestic private enterprise will start construction of its submarine pipelines this year in Zhejiang province, and upon completion, it will reach an annual handling capacity of 3 million metric t