Chinas iron ore futures settled higher on Monday. The most active contract for January 2019 delivery finished the day session up 0.88 percent at 515.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign invest

The 2020 Global Marine Fuel Sulphur Content Clause, which is a general compliance provision, will be put forward for adoption by BIMCOs Documentary Committee on 13 November. The drafting team has also prepared a first draft of a clause deal

Babcock Schulte Energy (BSE), a 50:50 joint venture between Babcock and Bernhard Schulte, celebrated on October 16, 2018, the completion of their first of its kind and the worlds largest liquefied natural gas (LNG) bunker supply vessel, M.V

Marshall Islands flag has issued a marine safety advisory (MSA #26-18) highlighting dangers associated with transport of ammonium nitrate based fertilizers. www.register-iri.com/forms/upload/MSAdvisory_26-18.pdf Sources:The Standard PI Club

1.CMA CGM announced that as from October 1st, 2018,the 0.50% sulphur limit will be applicable to the ports of Shanghai and Ningbo in the Peoples Republic of China. For this reason the company will implement low sulphur surcharge to these ar

Nowadays, many reputed shipping companies do not provide electrical officers on board ships. Companies now rely on marine engineers to tackle electrical jobs and problems related to them. Few important reasons for this trend is the ongoing

The Chinese cruise industry is working on initiatives to stabilize its business environment including negotiating pricing agreements, said Qiang Wu, co-chairman of the China Cruise and Yacht Industry Association (CCYIA) and former president

Capesize A largely disappointing week for those still hoping for a firmer end to the year, but at least by the close of the week rates appeared to have steadied. The rate for West Australia/Qingdao dropped to the mid $8.00s fresh enquiry to

As Chinas push for clear skies sends the worlds biggest steel industry hunting for better quality iron ore, suppliers in India are ramping up capacity to cater to the growing export market, according to the unit of Moodys Investors Service

In hosting its 13th edition of World Ocean Week, the port city of Xiamen in East Chinas Fujian province has put its stamp on becoming an international platform for the marine economy especially in terms of the Belt and Road Initiative, acco

Joint declaration highlights vision of economic corridor, trade, investment The all-weather strategic cooperative partnership between China and Pakistan will be strengthened with a firm commitment to building the China-Pakistan Economic Cor

Chinas iron ore futures ended lower on Friday. The most active contract for January 2019 delivery finished the day session down 3.51 percent at 508.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investo

Chinas Zhenhua Oil, a unit of Chinese defense conglomerate Norinco, has purchased its first liquefied natural gas (LNG) cargo from energy giant Chevron. The cargo, discharged at CNOOCs Yuedong LNG terminal in Shenzhen, was sourced from the

Total vessel operating costs in the shipping industry are expected to increase by 2.7 per cent this year and by 3.1 per cent in 2019, according to shipping consultant Moore Stephens latest annual Future Operating Costs Survey. The poll reve

Chinas crude oil imports from Iran in September fell sharply from the same month last year in a sign that China has curbed its purchases from the Islamic republic as Washington prepares to re-impose sanctions on Tehrans oil sector. Data fro