Nine months ahead of the introduction of the new IMO 2020 sulphur cap for marine fuel, the total number of scrubber orders for containerships has swelled to 540 units. Additional orders have been unveiled since Alphaliners last survey in No

The most active contract for May 2019 delivery went up 2.37 percent to 470.2 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first yuan-denominated crude oil futures on March 26, 2018,

Classification society DNV GL has presented ShipInox with an Approval in Principle (AiP) for its new small-scale LNG carrier/bunker vessel design. It is the first ever class-approved design based on an offshore supply vessel (OSV). With a l

Chinas manufacturing sector saw a stronger than expected rebound last month as the latest manufacturing PMI figures released by the National Bureau of Statistics on Sunday jumped from 49.2 in Feb to 50.2 in March. Almost all sub-indices, in

Hong Kong and Mainland Chinese Courts to Provide Mutual Assistance in Interim Measures in Support of Arbitral Proceedings The Government of the Hong Kong Special Administrative Region (Hong Kong Government) and the Supreme Peoples Court of

Tokyo Leading classification society ClassNK has developed Guidance for onboard use of Compliant Fuel Oil with SOx regulation from 2020 and an implementation plan sample for switching to compliant fuel oil in order to support the industry i

CMPort 2018 net profit rose 20.2% to HK$7,245 million Achieved full coverage of the six continents with overseas projects as the major growth engine The Board of Directors (the Board) of China Merchants Port Holdings Company Limited (CMPort

1.Tangshan Port set up an inland port in Xian, Shaanxi province in Northwest China, on March 27. The two ports will work together to promote the operation of Xian-Tangshan Port land-sea intermodal transport, and add new momentum to the Xian

Hamburg Sd and The China Navigation Company (CNCo), a subsidiary of the Swire Group, have completed the sale of Hamburg Sds dry bulk shipping business, which includes Rudolf A. Oetker (RAO) and the bulk activities in Furness Withy (London a

The market for Initial public offerings (IPOs) across the global shipping industry has remained understandably muted in recent years but secondary offerings continue to be an important funding mechanism, according to a recent report from Dr

London-based Baltic Exchange last week confirmed it would adapt its benchmark dry bulk freight indexes to upcoming marine fuel regulations of the International Maritime Organization, called IMO 2020, by continuing to use vessels not fitted

The Singapore Maritime Week (SMW) 2019 will be held from 6 to 14 April 2019. Organised by the Maritime and Port Authority of Singapore (MPA), the nine-day event will gather experts from around the world to share pertinent insights about dev

Chinas state-owned Cosco Shipping Holdings has warned of trade frictions and high oil prices posing risks for the global shipping industry this year, after confirming that its net profit for 2018 fell by more than half. Following its acquis

Chinas crude oil futures settled higher on Monday. The most active contract for May 2019 delivery went up 1.83 percent to 461.1 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first yua

Tangshan Port set up an inland port in Xian, Shaanxi province in Northwest China, on March 27. The two ports will work together to promote the operation of Xian-Tangshan Port land-sea intermodal transport, and add new momentum to the Xian l