Trade initiative helps Mawei bag major orders Fujian Mawei Shipbuilding Ltd, the largest ship maker in Fujian province, has seen a remarkable growth in orders from overseas clients since China announced its Belt and Road Initiative, a top o

BEIJING - With steady export growth in China, container transport for export purposes gained momentum in July, according to data from the Shanghai Shipping Exchange. The average China Export Containerized Freight Index stood at 820.31 point

Waves gently pat the hull of COSCO Netherlands, a giant merchant vessel which is sailing on the Indian Ocean towards Greece and plans to finally reach Valencia, Spain on Aug. 31. It is the first time for the multifunctional vessel, which is

Modern Terminals Limited today announced its participation as a Network Member in TradeLens, jointly developed by A.P. Moller Maersk and IBM to apply blockchain to the worlds global supply chain. TradeLens seeks to digitize and streamline p

International law firm CMS is continuing its Hong Kong expansion with the appointment of two esteemed Insurance partners to associated Hong Kong firm Shirley Lau Co. LLP. Dual-qualified Andrew Horton and Steven Wise will join the firm from

HOUSTON - The number of active drilling rigs in the United States increased by 13 to 1,057, or 108 more than this time last year, according to the weekly data released by Baker Hughes on Friday. The prices of the West Texas Intermediate (WT

El ministro de Asuntos Martimos y administrador de la Autoridad Martima de Panam (AMP), Jorge Barakat Pitty, junto a su equipo directivo, mantuvo un encuentro con el ministro de Transporte de la Repblica Popular China, Li Xiaopeng, quien vi

1.Chinese bulker operator Ningbo Marine has entered into a new contract with Zhejiang Zheneng Fuxing Fuel for coal shipping services.Ningbo Marine is currently under a major restructuring process in which it plans to acquire all the

Ship carrying dangerous goods safety supervision and administration of the Peoples Republic of China Ship carrying dangerous goods safety supervision and administration of the Peoples Republic of China which was approved at the 12th ministe

With less than eighteen months to go until the 2020 global sulphur cap deadline (0.5% low sulphur fuel), several ship owners and operators are still maintaining wait and watch stance, with an expectation of possible extension from the IMO.

Navig8 Product 2020, an international shipping company focused on the transportation of CPP, announced that it has taken delivery of the Navig8 Pride LHJ. A 110,600 DWT scrubber-fitted LR2 tanker from New Times Shipbuilding Co., Ltd., it is

Cargo shipping giant Maersk and IBM today announced TradeLens, a technology that applies blockchain to the global supply chain. TradeLens takes advantage of blockchain, the decentralized public ledger behind such tech as cryptocurrency to e

JSW Steel on August 7 said its crude steel output grew 8% to 1.4 million tonnes during July 2018. The Sajjan Jindal-led company had produced 1.3 million tonnes crude steel in July 2017, it said in a statement. The company also registered 41

Chinese bulker operator Ningbo Marine has entered into a new contract with Zhejiang Zheneng Fuxing Fuel for coal shipping services. The contract is for a period of three years and is an extension of a three-year contract the two parties sig

Chinas iron ore futures ended higher on Thursday. The most active contract for September delivery finished the day session up 1.49 percent at 510 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors s