BP announced that Mr. Yang Shixu will become President of BP China today, July 1, 2020, and Senior Vice President of regional affairs and urban low-carbon solutions for BP Group. Mr. Yang has been working in BP for more than 20 years. He wo

Danish owner Norden has just signed a contract with Nantong Cosco KHI Ship Engineering to build four ultramax bulk carriers. Jan Rindbo, Nordens chief executive, said the order was in line with the companys flexible asset trading strategy a

1.Hudong-Zhonghua Shipbuilding has signed contract to construct three liquefied natural gas (LNG) carriers worth 3.9 billion yuan ($551.62 million). 2.North Chinas Tianjin port ranked first in liquefied natural gas (LNG) imports among China

China COSCO Shipping on Tuesday said it has placed an order for three liquefied natural gas (LNG) carriers at Hudong Zhonghua Shipbuilding. The vessels will be capable of transporting 174,000 cubic meters of LNG, each, China COSCO Shipping

North Chinas Tianjin port ranked first in liquefied natural gas (LNG) imports among Chinas LNG import ports in the first five months of this year, accounting for about 19.5% of the countrys total LNG imports, according to the Tianjin Custom

As an international maritime centre, Hong Kong is always mindful of the need to support the global and local shipping community. Specifically, we recognise the significance of cargo operation, and had exempted crew members of goods vessels

Iron ore prices are expected to soften from current high levels in the July-September quarter, though Chinese steel margins will remain healthy, driven by demand from infrastructure and property construction, according to the latest SP Glob

On June 19, 2020, the long-awaited Inland Revenue (Amendment) (Ship Leasing Tax Concessions) Ordinance 2020 (the Ordinance), which introduces concessionary tax regimes for qualifying ship lessors and ship leasing managers, finally came into

STL had to take over six VLECs last year after US shipowners broke contracts. STL announced that it intends to negotiate the chartering contract and transfer of six 98000 cubic metre very large ethane carriers (VLECs) with prospective shipo

1.Chinas government-backed shipbuilders are busy despite the hammering the global shipping market has taken from the novel coronavirus pandemic. 2.Shanghai port is launching on July 1 a de-facto in-town check-in service for containers bound

On the morning of June 28, the naming and delivery ceremony of No. 1 55600 ton chemical/oil product ship GW DOLPHIN, which was built by CSSC Chengxi for Hong Kong Jinwei Shipping was held in Yangzhou. This ship is the first ship to be built

Chinas government-backed shipbuilders are busy despite the hammering the global shipping market has taken from the novel coronavirus pandemic. By orders, China State Shipbuilding Corp., the countrys top shipbuilder, was the global leader in

Troms-based maritime digital platform provider, Dualog, is delighted to announce that The China Navigation Company (CNCo) has partnered with Dualog in the testing phase of the Dualog Drive application. With the completion of this testing, T

MineHub Technologies Inc is pleased to announce that BHP Group and China Baowu have completed their first iron ore trade on MineHubs blockchain-based platform. This is the first of a series of transactions with various industry partners, gu

The Hong Kong Government announced Saturday (27 June) that the arrangements for crew of cargo ships to transit Hong Kong when leaving or joining ship without the need for 14-days quarantine has been extended to crews on passenger ships incl