The clause is being drafted by a small team led by Inga Froysa of Klaveness, Oslo. Other companies involved include Navig8, the UK PI Club and HFW, and the project is due to be completed in May 2019. Planning and protecting is key The BIMCO

MAN Energy Solutions has won the order to supply the engine for a new dredger in southern China. The MAN 9L48/60CR unit will power the newbuilding vessel currently under construction at Dongguan Xiandai Shipbuilding Co. for sister company,

Singapore-based Raffles Shipping International has booked up to six 19,700-dwt tankers at Chinas Wuchang Shipbuilding Industry Group. The order is for two firm tankers and options for four sister ships. Financial details of the deal and del

Hong Kong-listed Courage Investment Group is spending $10.88m to buy a secondhand supramax bulk carrier in a move to expand the scale of its shipowning business. Courage Investment is the reformed group emerging from the restructured dry bu

The Fangchenggang Port near the southwest end of Chinas mainland coastline has been serving as a vital base for the countrys steel exports to countries participating in the Belt and Initiative, thanks to its advantageous location. The China

The daily liquefied natural gas (LNG) sales in Sinopec Gas Company Co., Ltd., a subsidiary of state-owned China Petrochemical Corporation (Sinopec), have exceeded 10,000 tonnes in November, according to Sinopec News. Daily LNG load averaged

While the sulphur cap is still very much the issue of the day Martin Stopford, president of Clarkson Research Services, says the industry needs to start thinking now how it will meet the IMOs goal of a 50% reduction in CO2 emissions by 2050

1.China National Offshore Oil Co, or CNOOC, offloaded a liquefied natural gas (LNG) cargo on Nov. 11 shipped from Yamal, first of its kind the Chinese firm received from the Russian Arctic gas project, CNOOC said on its website on Tuesday.

Cosco Shipping Specialized Carriers announced that the company has ordered five firm plus four options for 62,000d wt multipurpose pulp carriers at Cosco Shipping Heavy Industry (Dalian). The newbuildings are priced at RMB232.6m per vessel.

China National Offshore Oil Co, or CNOOC, offloaded a liquefied natural gas (LNG) cargo on Nov. 11 shipped from Yamal, first of its kind the Chinese firm received from the Russian Arctic gas project, CNOOC said on its website on Tuesday. Th

Global oil markets are adjusting to relatively strong demand for diesel and jet fuel compared to gasoline, coupled with the introduction of new bunker fuel regulations at the start of 2020. Rising diesel and jet fuel prices, at least relati

The China Marine Economy Expo is a large marine economic and trade event co-hosted by the Ministry of Natural Resources and the Guangdong provincial government. It is an important platform to showcase marine economy development and the inno

I am amazed by Taicang ports fast development, Lars Anke, chief representative of the Port of Hamburgs liaison office in China, said during his recent visit to the port in Jiangsu province. The chief representative made the remark after hea

The Singapore Chamber of Maritime Arbitration (SCMA) is delighted to announce that it has entered into a Cooperation Agreement with the China Maritime Arbitration Commission (CMAC) to promote maritime arbitration as a means for the effectiv

Hong Kong Chief Executive, Carrie Lam opened proceedings at the 8th Asian Logistics and Maritime Conference, to a capacity audience at the Hong Kong Convention Centre yesterday (20 November). Delegates from more than 30 countries joined loc