China National Offshore Oil Corp (CNOOC) said on Friday that it would bolster its liquefied natural gas storage facilities to ensure adequate supplies of the clean fuel to northern parts of the country this winter. The company enlarged the

An IMO sub-committee has completed draft interim guidelines for the safety of ships using methyl/ethyl alcohol as fuel, setting them on course for formal approval by the IMOs Maritime Safety Committee (MSC) in 2020. The goal of these guidel

Chinas iron ore futures closed higher on Friday. The most active contract for January 2019 delivery ended the day session up 0.59 percent at 515 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors si

Dear Master, Welcome to Xiamen! Port of Xiamen is located in south of Fujian Province. Poor weather conditions (thick fog, typhoons, monsoon wind etc.) can pose a threat to safe navigation. Many navigational traffic accidents occur througho

A Japanese and a Chinese shipbuilding group have today signed a joint venture, set to start in April 2019, to build and sell merchant ships. Mitsui ES Shipbuilding Co., Ltd. (Head Office: Tokyo, President and CEO: Tetsuro Koga), in partners

1.Satellite operator Intelsat has announced a new partnership with Shenzen-based APT Mobile Satcom Ltd,which will see APT become the first Chinese provider of maritime Ku-band VSAT services running on the IntelsatOne Flex platform. 2.Health

There is much unease among global shippers and forwarders ahead of the IMOs 2020 global emissions regulations, due to come into force in January 2020, according to a survey by Londons Drewry Maritime Research. Concern was expressed about ca

The imported iron ore market fluctuated in a narrow range today. Traders quotations remained unchanged from yesterday. In Shandong, Assmang lump, Kumba lump, Robe River fines, Ukrainian pellet and Ukrainian concentrate quoted at RMB870/tonn

Presently there is no digital disruptor on the horizon that could rattle the very foundations of the container shipping industry unlike other sectors that have had to face the likes of Uber and Air BnB accommodation. Speaking at the Singapo

Healthy demand combined with muted supply has been the main drivers behind Hong Kong-based Pacific Basins continuing recovery in the third quarter of 2018. Both Handysize and Supramax spot earnings reached their highest third quarter levels

Viking Orion, an international cruiser operated by Viking Cruises, the worlds largest small ocean cruise ship firm, docked at Xiamen Port in East Chinas Fujian province Oct 9. It is the first cruise ship from the company to drop anchor at t

Chinas construction steel futures recovered from the steep declines seen across international commodity and equity markets to close higher on October 11, as possible Chinese production curbs ahead of winter remained in focus. Asian share ma

Liberia, the fastest growing major open registry in both shipping and offshore, has established its Offshore and Gas Technology Department, renewing the Registrys focus in these sectors. This department strengthens Liberias presence in the

1.Chinas CNOOC plans to expand its LNG project in eastern Jiangsu province to meet rising demand from more regions, state-media China News reported citing a project manager from CNOOC. 2.A giant milling machine arrived in Shanghai on Tuesda

Chinas Sinopec said its Qingdao LNG terminal for the first time traded volumes of the chilled fuel on the Chongqing Petroleum and Gas Exchange (CHPGX) at the end of September. The terminal sold 3,340 tons of LNG on September 28, the company