The Strait of Hormuz, a narrow waterway in the Middle East that marks the most sensitive transportation choke point for global oil supplies, was back in focus Friday after a U.S. airstrike killed a top Iranian military commander and heighte

The China Ningbo Containerized Freight Index (NCFI) reported slight rises in freight indices in the United States routes this week as market shipments continued to grow. NCFI, a wind vane of Chinas busiest ports freight rates for the intern

A floating dry dock with a capacity of over 6,000 tons was officially launched and entered operation in southwest China on Friday, with the facility being the largest of its kind on the upper and middle reaches of the Yangtze River. The 143

Chinas comprehensive import price index for liquefied natural gas (LNG) dropped last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index, not including tax, came in at 3,232 yuan ($464) per ton from Dec 23

Chinas index of export container transport rose in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 897.53, up 2.1 percent from a week earlier, according to the exchan

1.China started to build its first hydrographic survey ship that can conduct operations in deep sea far from the coast. 2.Chinese owner Zhejiang Henghui Shipping has entered into a shipbuilding contract with Yangfan Shipbuilding for the con

KVH Industries and Kongsberg Digital announce the successful installation of their first joint maritime IoT system on an active working vessel. The team installed a KVH Watch VSAT antenna for IoT connectivity and the Kognifai Vessel Insight

Chinas shipbuilding giant has delivered the first of four littoral mission ships (LMS) to the Royal Malaysian Navy, marking the high-level military cooperation between China and Malaysia, analysts said on Wednesday. The Wuchang Shipbuilding

Shanghai steel futures reversed course and closed lower on Thursday, as higher inventories of the construction and manufacturing material in China offset an early rally spurred by a monetary policy easing measure by the countrys central ban

The implementation of low sulfur bunker fuel regulations on January 1 could result in changed market structures for clean and dirty tankers in 2020 as a result of compliance choice, as sources contemplate the possible emergence of multi-tie

Crude oil futures closed lower Thursday in daytime trading on the Shanghai International Energy Exchange. The most active crude oil contract for February delivery was down 5.6 yuan ($0.8) to close at 482.5 yuan a barrel. The total trading v

The Baltic Exchanges main sea freight index on Thursday posted its biggest one-day percentage decline in six years, pressured by depressing demand for dry bulk vessel segments. On its first day of trading in the new year, the Baltic index ,

1.On the first day of 2020, CCTV focuses on major projects in the oil and gas industry chain of Zhejiang FTZ, including the Yushan Green Petrochemical Base, the integrated marine service at Xiushan Anchorage, and the Aoshan Petroleum Storag

Australia-listed Global Energy Ventures (GEV) has extended a letter of intent (LOI) with Yantai CIMC Raffles Offshore to build the CNG Optimum 200 ships. The extension is for six months through to 30 June 2020. The LOI is based on a firm or

The board of directors of Dalian Port Company Limited announce that, following the resignation of Mr. XU Song as the chairman of the Board and a non-executive director of the Company on 16 December 2019, Mr. WEI Minghui has been elected by