Wuhan Shipping Exchange has launched three Yangtze River shipping indexes, namely WSCFI (Wuhan Shipping Container Freight Index), CCSFI (China Coal Shipping Freight Index) and CARPI (Changjiang Automobile-roro Prosperity Index), to promote

CNOOC Gas Power, a unit of China National Offshore Oil Corp, said on December 12 its daily supply of natural gas had surpassed 200 million cubic meters for the first time as temperatures plummeted in northern China. CNOOC sent 205 million c

1.East Chinas Fujian province plans to further facilitate cross-border trade by boosting port clearance efficiency and lowering costs.It aims to slash average clearance time in half by the end of 2021,and implement the charges catalogue sys

Chinas most advanced manned submersible Shenhai Yongshi or Deep Sea Warrior reached a milestone on Wednesday as it completed its 100th dive in the southwestern part of the Indian Ocean. In its most recent mission, Shenhai Yongshi dived for

A ceremony celebrating the completion of the Yamal Liquefied Natural Gas (LNG) project, a major energy cooperation project between China and Russia, was held Tuesday in Russias Sabetta sea port, marking a new phase of the two countries ener

Here at VesselsValue, were getting pretty excited about Christmas, and not just because our Christmas party is today. Saying that, were less excited about the inevitable New Years hangover waiting for us around the corner To keep us (and yo

Chinas iron ore futures finished higher on Wednesday. The most active contract for May 2019 delivery ended the day session up 0.42 percent to 474 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors s

Apart from the Belt and Road Initiative, there are many major development projects in the Mainland China, one of which being the International Land-Sea New Trade Channel which was officially renamed recently. The Channel aims at enhancing c

Looking out the windows of his office near the Port of Valencia, Spain, Sun Kai can clearly see the huge arms of bridge cranes stretching out into the sky. Every day, while looking at those cranes, I see my companys business expand in concr

A ship wreck can be a hazard to navigation. Other vessels and their crews can potentially be endangered, and, depending on the nature of the cargo and remaining fuel on board, a wreck may also cause damage to marine environments and other c

East Chinas Fujian province plans to further facilitate cross-border trade by boosting port clearance efficiency and lowering costs. According to a recent released government guideline, the province aims to slash average clearance time in h

1.The Chinese Ministry of Transport issued a notice to ensure the safety and security of maritime transportation of LNG. Namely, the notice requires all relevant actors to?implement safety measures for LNG transport and improve?supervisions

Devotion to work is glorious. That is the firm belief of Xu Zhenchao, a 68-year-old veteran worker at Qingdao Port with more than 40 years of experience. Xu is a national role model in China because of his unremitting pursuit of high-effici

Chinese soybean imports fell to a two-year low in November according to the data from the General Administration of Customs. Imports came in at 5.38mt, down 38% year-on-year and 22.2% lower than October. The decline in Chinese imports is ma

At 100 years old, the worlds oldest billionaire would be forgiven for taking it easy and enjoying the riches of his eight-decade career. But for Chang Yun Chung, founder of Pacific International Lines (PIL), staying at home isnt an option.