Shenzhens government is to establish a shipping fund of up to CNY3 billion (US$428 million) to boost the development of various local shipping sectors, including newbuildings, clean energy propulsion, shipping digitisation, shipbroking, ins

The crew of Chinas first domestically made polar icebreaker Xuelong 2, or Snow Dragon 2, have made their wishes for the New Year of 2020 on board the vessel. Xuelong 2 is implementing Chinas 36th Antarctic expedition. We are welcoming the y

Xiangyanghong 10, a national-level ocean research vessel, returned to Zhoushan Port on Dec 29 after completing its 54th research mission. The vessel, which belongs to the Second Institute of Oceanography, was approved for construction by th

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 Storage

1.On December 27,Zhejiang Seaport Asset Management Companys subsidiary Zhejiang Seaport Finance Leasing completed a 49 million yuan ship ownership settlement and fund payment, marking the first ship financing lease business of Zhejiang Seap

Guangzhou Port has seen an overall container throughput of 21.18 million twenty-foot equivalent units (TEU) in the first 11 months of this year, ranking among the top five ports in the world in both cargo throughput and container throughput

On December 27, Zhejiang Seaport Asset Management Companys subsidiary Zhejiang Seaport Finance Leasing completed a 49 million yuan ship ownership settlement and fund payment, marking the first ship financing lease business of Zhejiang Seapo

China State Shipbuilding Corp delivered the Hailong, or Sea Dragon, the most advanced diving support vessel China has ever built, to Jumeirah Offshore, a Singapore-based marine engineering company, in Guangzhou on Monday. CSSC, a State-owne

Chinas Ministry of Commerce is expected to award the independent refining sector with oil products export quotas next year as Beijing steps up efforts to support private companies to play a bigger role in the economy, industry sources and m

As a tougher regulation on sulfur emissions from ships, known as IMO 2020, comes into effect from Wednesday, Chinese shipping operators are beefing up efforts to adapt to new rules regarding bunker fuel, mainly by using required fuels and b

Transpacific carriers through mid-December have announced post-Chinese New Year blank sailings that far exceed the average number known at this point in the last seven years, reports IHS Media. Carriers cancel scheduled sailings when cargo

Just two days before the IMO 2020 sulphur cap comes into effect on 1 January 2020, the Hong Kong Shippers Council has recommended its members reject additional fuel surcharges recently introduced by major container lines that appear to be a

Choosing the years top stories is always a difficult task. Many compelling story threads played out, each dramatically impacting the North American waterfront, and in particular, the workboat sector each in their own unique way. The Infrast

COSCO SHIPPING Energy Transportation approved to implement dual-fuel powered technology for one of the companys VLCCs under construction contracted by Dalian Shipbuilding Industry. The company shall increase the investment of usd 6 million

Imports of liquefied natural gas (LNG) into China have rebounded in the month of November following the first blip in three years reported in October. Data from the Chinese General Administration of Customs shows that a total of 6.51 millio