Cargo throughput at Chinas major ports has continued to recover as economic activities have normalized amid effective epidemic control measures, data from the China Ports Association showed. Cargo throughput monitored by the association wen

Fractured relations between the US and Hong Kong have rattled some shipping cages, but in terms of trade disruptions the US Hong Kong Normalization plan looks to have more bark than bite. President Donald Trumps Executive Order on Hong Kong

The global bunker industrys smooth transition into the low-sulfur era mandated by the International Maritime Organization has sent a strong signal to the sector that it can achieve its next goal of decarbonization equally free of hurdles, i

VLCC Another lacklustre week has seen a slight downturn in rates for most of the routes. The Middle East market has seen rates drop two to three points as 270,000mt AG/China is now W35, while 280,000mt to USG via the cape/cape routing is as

The Korean Register (KR, Chairman CEO, LEE Hyung-chul) has presented Hyundai Heavy Industries (HHI) with the worlds first Cyber Security (CS Ready) class notation for a very large liquefied petroleum gas (LPG) carrier. The presentation took

As with most crude tanker markets, the Aframax and Suezmax sectors have remained under pressure since June. Part of this downside is not too dissimilar to the typical seasonal weakness seen during the summer months, although in most cases t

The impact of COVID-19 has forced many yacht owners to return their vessels to their home port or to a local yard for maintenance. Whilst this is positive in terms of vessel up-keep, the growing accumulation of high-value yachts in a single

On July 24, On July 24, the 108th meeting of the 18th CSRC in 2020 was held. The audit results showed that Shanghai ZhongGu Logistics Corporation was first approved. On September 15, ZhongGu Logistics completed the online IPO roadshow; On S

Under the background of the continuous spread of the global epidemic situation, the Export-Import Bank of China fully supports the shipping enterprises to resume production and smooth operation through the letter of guarantee business. EIBC

China Petroleum Chemical Corporation (Sinopec) has reportedly purchased 10 LNG cargoes for delivery from November to March next year. Citing industry sources, Reuters reports the purchase through a tender could well be in preparation for an

Four new 98,000 cbm Very Large Ethane Carriers (VLECs) ordered by Zhejiang Satellite Petrochemical (STL) are to be built to ABS Class. These ethane-fueled VLECs are part of a Phase-2 order from STL and construction will be equally split bet

Chinas benchmark power coal price rose slightly during the past week. The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north Chinas major ports, stood at 547 yuan (about 81 U.S. dollars) per tonne Wednesday, a rise of

The Baltic Exchanges main sea freight index rose on Thursday, buoyed by stronger rates across vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and sup

At the Future of Shipping: Decarbonisation webinar jointly organised by the International Maritime Organization (IMO) and Singapore today, leaders from maritime administrations and industry came together to share insights on decarbonisation

The International Transport Workers Federation (ITF) and the International Maritime Employers Council (IMEC) have jointly contributed US$500,000 to the Singapore Shipping Tripartite Alliance Resilience (SG-STAR) Fund to support countries th