On the morning of May 12, Guangxin Shipbuilding Heavy Industry held a contract signing ceremony with Tianjin Zhihai Shipping for the sale of two 78m platform supply vessels. Affected by the novel coronavirus pneumonia outbreak spreading aro

1.Hu Wenming, former chairman of China Shipbuilding Industry Group,is currently under investigation. 2.The Philippines fully supports the recognition of Filipino seafarers as key workers ensuring that ship crew changes can take place safely

A.P. Moller - Maersk had a financially strong start to the year. Despite the COVID-19 pandemics profound impact on global trade the company kept momentum in its strategic transformation and demonstrated robustness to weather the crisis. In

The Finnish technology group Wrtsil has recently managed and completed the delivery of regasification modules for Chinas first newbuild LNG FSRU. The vessel, the Transgas Power, was built at the Hudong-Zhonghua shipyard in Shanghai for Gree

The North Sumatra police have identified the seven people who died in a fire accident on the Jag Leela oil tanker at the port of Belawan in Indonesias province of North Sumatra on Monday morning. They were trapped inside the ship which was

Chinas energy and chemical giant Sinopec has said it has put Chinas largest petrochemical port into operation with the successful docking and unloading of the New Renown, a very large crude carrier (VLCC) from the Middle East. The tanker wa

Edward Liu, legal director with Hill Dickinson Hong Kong, has been appointed as a member of the Steering Committee on Mediation and its Public Education and Publicity Sub-Committee each for a new term from 1 January 2020 to 31 December 2021

The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 522.03 points on Tuesday, down 1.57 percent compared with the previous working day. The statistical samples of TBI cover

Two Singapore-based executives of consultancy EY have been appointed as the Interim Judicial Managers (IJM) of Singaporean shipping firm Ocean Tankers (Pte) Ltd, a unit of troubled oil trader Hin Leong Trading Pte Ltd, EY told Reuters on Tu

A total of 91 vessels carrying 14.05 million mt of iron ore arrived at major Chinese ports during May 3-9, SMM estimates. This was up 1.21 million mt from the prior week, and up 1.72 million mt from the same period last year. For the same w

On the afternoon of May 9, COSCO SHIPPING and Shanghai Huayi (Group) Company concluded a strategic cooperation agreement in Shanghai. Capt. Xu Lirong, Chairman of COSCO SHIPPING, Mr. Fu Gangfeng, Director of the Board and President of COSCO

Hu Wenming, former chairman of theChina Shipbuilding Industry Corporation （CSIC）, issuspected of violation of discipline and law. He is is being investigated by the Communist Party of China Central Commission for Discipline Inspection a

The Philippines fully supports the recognition of Filipino seafarers as key workers ensuring that ship crew changes can take place safely amid COVID-19 pandemic. This was in response to the statement of International Maritime Organization (

1. The first 5G smart port jointly developed by COSCO SHIPPING Ports Limited, Dongfeng Commercial Vehicle and China Mobile (Shanghai) for driverless container truck has passed the trial run. 2.Fire fighters extinguish fire which broke out o

The historical descent of the Paran river has already caused losses to the country for more than 240 million dollars in these first five months of the year, according to a study by the Rosario Stock Exchange (BCR), and the situation causes