Chinas foreign trade is expected to show a stable recovery in the second half of the year on the back of a notable improvement in the industrial, supply and service chains as well as from major trade events like the upcoming Canton Fair and

On June 3, Qingdao Conson Group and CSSCs Qingdao Beihai Shipbuilding Heavy Industry signed a contract to build the worlds first 100,000-ton smart fishery large-scale farming ship. The contracted Guoxin No. 1 aquaculture ship is expected to

On June 2, COSCO Shipping Heavy Industry (Shanghai) held a cadre meeting, which was chaired by Sun Jiehua, secretary of the companys party committee. Pu Hongbin was appointed deputy General Manager (in charge) and Deputy Secretary of the Pa

1.China will build its first liquefied natural gas bunkering center for international vessels in the city of Shenzhen as part of a deal signed on Wednesday. 2.COSCO SHIPPING Energy Transportation resolved to approve the proposed merger by a

The board of directors (the Board) of COSCO SHIPPING Energy Transportation Co., Ltd. resolved to approve the proposed merger by absorption (the Proposed Merger by Absorption) by the Company of COSCO SHIPPING Tanker (Shanghai) Co., Ltd.* (Sh

Chinas oil demand has recovered to more than 90% of the levels seen before the coronavirus pandemic struck early this year, a surprisingly robust rebound that could be mirrored elsewhere in the third quarter as more countries emerge from lo

The lack of ullage at the tank farms of Chinas key Qingdao port has forced VLCCs arriving at the port to wait for up to three weeks before being able to discharge their cargoes, freight market sources said. There are currently 20 VLCCs queu

China will build its first liquefied natural gas bunkering center for international vessels in the city of Shenzhen as part of a deal signed on Wednesday. The project is a joint effort that includes Yantian Port Group, state-owned energy gi

Brazils Vale SA expects iron ore shipments to China to rise in 2020 versus 2019 due to falling demand in other countries hurt by the coronavirus pandemic, the China Iron and Steel Association said after a telephone call with the miner. Vale

Classification Society DNV GL, has launched a new certification in infection prevention for the maritime industry. The custom certification aims to help the maritime industry resume operations better prepared for COVID-19 or other emerging

A liner ship belonging to China United Lines Ltd (CULines) arrived at the third phase of the container wharf at Nansha Port on May 30, marking the official start of operations of the regular shipping line between the South China area and Ta

China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, remained at 546.55 points on Wednesday. The statistical samples of TCI cover 19 international shipping routes departing from

Despite coronavirus: Wind industry is stable and ready for politics to take action Press conference participants look forward to WindEnergy Hamburg with optimism WindEnergy Hamburg, the global onshore offshore event, has been rescheduled fo

New Times Shipbuilding has secured a new order for four 158,000 dwt suezmax tankers from two European shipowners. Allied Shipbroking and VesselsValue both confirmed that two of the four vessels were ordered by Viken Shipping, the Norwegian

At 17:52 on June 1, 2020, applause was heard from Shanghai Guandong International Container Terminal. It took the company 8 hours and 52 minutes to complete the assault operation of 7832 containers for the 3E class ship Estelle Maersk, with