1.Chinese dry bulk owner Jinhui Shipping and Transportation has announced the sale of -built supramax Jin Zhou for $7.38m.The vessel was sold to Singapore ship brokering and ship management company Poseidon Global Shipping, and continues a

The Zhoushan Port in Ningbo City of east Chinas Zhejiang province has held the largest annual cargo capacity in the world for 10 consecutive years. The port is also the only one in the world where more than one billion tons of freight was h

At least one person died and 10 others were missing after a freighter sank off Chinas eastern coast on Wednesday (Jan 2), the official Xinhua news agency reported. The cargo ship had 15 people on board when it sank at around 4.30am, 90 naut

The shipping industry has previously faced problems with bunker contamination due to the presence of catalytic fines and is again experiencing similar issues. The culprit this time has been identified as phenols and fatty acids. One theory

Chinas iron ore futures closed lower on Wednesday. The most active contract for May 2019 delivery finished the day session down 0.61 percent to 489.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investo

Rudong liquefied natural gas (LNG) terminal, the first terminal in eastern Chinas Jiangsu province, received a total 6.5 million tonnes of LNG from domestic and overseas sources as of December 30 noon in 2018, ranking the first among all th

The De Nora Balpure slipstream method ballast water treatment system is the 15th unit to be granted US Coast Guard (USCG) type-approval. De Nora was the ninth manufacturer to apply for USCG type-approval. De Nora Ballast Water Management Sy

On 24 December 2018, China Merchants Port Holdings Company Limited (CMPort or the Group , HKSE Code: 00144) is pleased to announce that, as part of an urban planning initiative driven by Shenzhen Peoples Government, China Merchants Port Hol

COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports or CSP, HKEX stockcode:1199), a leading ports operator in the world, today announced thatit has subscribed for 70,943,455 shares of Beibu Gulf Port Co., Ltd. (Beibu Gulf Port) for a total c

As we usher in 2019, many industry analysts are telling logistics managers to begin planning for a major transformational event coming into play for the ocean cargo sector a year from now. According to a recent survey conducted by global sh

Oil producers are invariably in it for the long haul. Investing billions of dollars to find and develop new resources entails an almost clairvoyant understanding of future demand cycles. However, volatile prices and uncertainty over global

The most powerful of its kind, MV VISBORG marks a new era for the Scandinavian-Asian collaboration between designers OSK, owners Rederiaktiebolaget Gotland, and builders Guangzhou Shipyard International. Following the official naming ceremo

1.Tianjin Southwest Maritime has signed a newbuilding contract with Jiangnan Shipyard for the construction of up to two 86,000 cu m VLGCs.The contract includes firm order for one vessel and an option for another one. Other contract details

China will restrict imports of scrap steel and aluminium from July 1 in 2019, the environment ministry said on December 29. Scrap steel and aluminium would be moved from an unrestricted import list of solid waste products usable as raw mate

In the growing market for liquefied natural gas, driven mainly by Asian demand, a shortage of transport vessels could become a bottleneck. While demand for LNG shipments to China is steadily growing as the country increases its consumption