Hong Kong-headquartered ship manager Wallem Group took the Shipping Company of the Year Award at the International Seafarers’ Welfare Awards at a ceremony in Geneva, Switzerland.

Global oil prices are projected to average 65 U.S. dollars per barrel in 2018, driven by strong demand and output cuts, the World Bank said Tuesday.

The Maritime and Port Authority of Singapore (MPA) has signed five memoranda of understanding and two firm agreements at the recent Singapore Maritime Technology Conference (SMTC).

Iron ore spot market climbs down today influenced by weak futures and derivative market. Traders show strong wait-and-see attitude towards cargo shipments. Morning offers dropped by RMB5-10/tonne. Partial traders are pessimistic towards the

Chinese Premier Li Keqiang met with U.S. Secretary of Transportation Elaine Chao in Beijing on Thursday.

Chinese President Xi Jinping has urged to restore the ecological environment of the Yangtze River during an inspection tour of Hubei and Hunan provinces in central China on Wednesday.

HONG KONG's Orient Overseas Container Line (OOCL) has advised customers of the need to provide extra data on imports required on Indian import bills of lading.

Marcel Liedts, chief operating officer of Hong Kong-based shipmanager Anglo Eastern Group, were finally recognised with the Dedication to the Maritime Industries Award at the Seatrade Maritime Awards Asia event in Singapore on 25 April.

With less than two years before the sulphur cap comes into force, LNG is looking more plausible as the marine fuel of the 21st Century, a report by the shipping consultancy Drewry notes.

Two ratifications to a key compensation treaty covering the transport of hazardous and noxious substances (HNS) by ship have brought the instrument a step closer to entry into force.

China has seen steady growth in trading and storage of its newly-launched crude oil futures, one month after its debut.

Iron ore spot market shows flat performance today. Most traders are bearish towards the following market influenced by falling spot market transactions and futures market. They start to sell their own iron ore cargos. Iron ore spot market pr

A tie-up between the Baltic Exchange and digital container freight platform, Freightos is to launch an audited benchmark for the container shipping industry.

Chinese LNG imports are on track to set an annual record this year due to strong policy support, with January and February imports averaging more than 4 million tonnes per month, according to the consultancy Poten & Partners.

BEIJING - Amid escalating protectionism and isolationism in some advanced economies, China is opening its door to the world with easier trade policies and increased import orders.