China has issued its first refined fuel import quotas for 2022, with gasoline and diesel volumes sharply up from a year ago, and naphtha, a petrochemicals feedstock, largely steady, according to industry sources and a document seen by Reute

The alarming reality about climate change is becoming increasingly clear, and the recently published sixth assessment report from the Intergovernmental Panel on Climate Change (IPCC) describes it in no uncertain terms; we face a climate eme

The container throughput of Shanghai Port exceeded 47 million 20-foot equivalent units (TEUs) in 2021, ranking first globally for 12 consecutive years despite the COVID-19 impact on the shipping industry, port data showed Saturday. Last yea

Commissioned by our entrusting party, Guangzhou Shipping Exchange Co., Ltd. (GSE) and Hang Qing Bao Auction Co., Ltd. determines to organize an online bidding for asupramax bulk carrier named Lan Hai Sheng Hui. The announcement is stated as

The newly signed order in 2021 is the highest level since 2014. In the first 11 months of this year, a total of 1,561 new ships were signed globally with 44.21 million CGT. Taking into account the delayed report of orders and other factors,

On 28 December, the groundbreaking ceremony was held for the third liquified natural gas (LNG) carrier built by the Chinese shipyard Hudong-Zhonghua Shipbuilding for the leasing entity of the CSSC Group. The ship is the third 174,000 cubic

Chinas international goods and services trade surplus stood at 287.9 billion yuan ($45 billion) in November, official data showed on Thursday. Last month, the countrys trade income reached 2.19 trillion yuan and expenditure neared 1.9 trill

Chinas commodities markets suffered through a turbulent year in 2021 as an energy crunch and subsequent government intervention roiled the prices of products from thermal coal to urea, whipsawing them from record highs to monthly lows in we

Chinas Ministry of Commerce has issued 107.4 million mt in crude import quotas to 36 qualified independent and non-major state-owned refineries in the first batch for 2022, falling 9.4% from the same batch in 2021, refining sources told SP

Recently, according to the accident data of LLOYDs LIST INTELLIGENCE, from 2016 to 2020, the global collision rate of Chittagong is 3.6%, ranking first, the accidents, mainly collision rates so far by far more than other marine port(s) and/

OnDecember 29th2021, CSSC power group holds the celebration ceremony for their first successfully delivery of LNG FGSS and achieving NH3 FGSS AIP certificate. During the ceremony, Mr. Luigi MATTERA, the Operational Director of RINA Great Ch

Using Signal Ocean data , we analyse the trends and changes across the major vessel sizes in the dry and tanker freight market for 2021. This report provides data on demand, supply and how the latest developments determined the performance

The Korean Register (KR)awarded approval in principal (AIP) to two green ammonia-fueled ships at KRs Seoul branch office on 15th December 2021.One of the ships is a 60,000m3 ammonia-fueled ammonia carrier and the other is a 38,000m3 ammonia

Evergreen Marine Corp. reportedly doled out year-end bonuses of as much as 40 months wages to some of its employees on Thursday. According to local media reports, some Evergreen Marine employees were rumored to have each received some NT$2

On December 29, Chinas first worlds largest 24,000TEU container ship was successfully undocked, marking another major breakthrough in the field of ultra-large container ship construction. This type of ship is independently designed by Hudon