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

The International Chamber of Shipping (ICS) has recently published a new edition of its Guidance for the Preparation and Implementation of Garbage Management Plans as Required by MARPOL Annex V. This second edition is intended to help shipp

Chinas iron ore futures market fluctuated at a high level today. Traders quotations remained unchanged compared with that of yesterday. Only partial prices of specific specifications increased slightly. In Shandong, PB fines, Ukrainian conc

Iron ore shipments to China from Australias Port Hedland terminal rose 5.3 percent in September from a month earlier, port data released on Wednesday showed. Iron ore shipments to China from the worlds biggest iron ore port totaled 37.4 mil

Decision makers at OOCL have expressed growing concerns over the impact on the global supply chain as a result of the US-China trade war to date. The latest round of tariffs covers a much wider spectrum of consumer goods and will certainly

Chinas reform and opening up over the past decades has brought huge economic development to the port city of Dalian in northeast Chinas Liaoning Province, making it a destination that draws in increasing foreign investment. The ore terminal

The China-proposed Belt and Road Initiative meets the worlds needs for international cooperation, peace, prosperity, opening-up, innovation and communication, which is why it has gained the support of over 100 countries and regions. The pri

A giant milling machine arrived in Shanghai on Tuesday for the upcoming first China International Import Expo, after a more than 30-day voyage from the German port of Hamburg, its shipper said. The massive machine tool was brought by Waldri

Oil prices edged lower on Wednesday after the IMF lowered its global growth forecasts but prices were supported as Hurricane Michael churned toward Florida, causing the shutdown of nearly 40 percent of the US Gulf of Mexicos crude output. B

Chinas iron ore futures market went to the uptrend amid fluctuation today. Traders quotations increased by RMB5-10/tonne from yesterday. In Shandong, PB fines, Carajas fines and Yandi fines quoted at RMB530-535/tonne, RMB745/tonne and RMB48