1.BEIJING: China announced on Monday adjustments to some import and export tariffs for 2019, removing import duties on alternatives to soymeal for animal feeds and tariffs on fertilizers and iron ore exports, to boost foreign trade as the e

Samskip takes the lead in ambitious initiative to develop autonomous, zero-emissions container ships that also compete on cost Europes largest multimodal operator has been named lead partner in Seashuttle, a project seeking to bring emissio

A sharp decline in prices as well as mounting pressure of oversupply has forced OPEC and its allies to cut production. However, crude tanker demand is unlikely to be affected, as a notional loss in the volume of crude oil trade owing to the

With the manpower having reduced to a fundamental minimum on board ships, it is all the more imperative to keep safety at sea as the prime concern for the crew. Regular maintenance of lifeboats, life rafts and other such safety entities mus

As the demand for its exhaust gas cleaning systems -- aka. scrubbers -- has grown, Yara Marine Technologies opened its new office in Shanghai. Peter Strandberg, CEO, Yara Marine, explains: A large percentage of scrubber installations will b

Chinas import is expected to reach an all-time high over 2 trillion U.S. dollars in value in 2018, said a national commercial work conference held in Beijing on Saturday. According to the conference which was sponsored by the Ministry of Co

Chinas iron ore futures finished higher on Friday. The most active contract for May 2019 delivery ended the day session up 1.22 percent to 497 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors sinc

As shippers go on to make large-scale vessel sharing agreements, carriers are formulating new strategies to survive, reports Drewry. What are the new ways? It has been said that differentiation is impossible in the container shipping indust

Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets. Liquefied natural gas (LNG) d

1.In response to the fluctuating bunker prices and to reasonably compensate for our soaring bunker costs, COSCO SHIPPING Lines is going to introduce a Bunker Adjustment Surcharge from January 1st, 2019 aiming at truly reflecting the variati

2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An almost total halt in Panamax demolitions has been an important factor behind this fall, with de

Chinese Ministry of Transport officially issued a new regulation regarding requirements of emission control areas in Chinese territorial waters which will become effective from 01.01.2019. For source text,pls click the link below http://www

In response to the fluctuating bunker prices and to reasonably compensate for our soaring bunker costs, COSCO SHIPPING Lines is going to introduce a Bunker Adjustment Surcharge from January 1st, 2019 aiming at truly reflecting the variation

Huaneng Taicang port in eastern Chinas Jiangsu province is going to fine clients 1 yuan/t per day if the time period of their coal storage at port surpasses 60 days (starting from the second day after unloading is finished), the company sai

TCC Group chairman and chief executive Kenneth Koo owes much to the inspiration offered him by previous generations of his family. The next generation will thank him for his extraordinary contribution For those unfamiliar with the name of K