China State Shipbuilding Co., Ltd. (CSSC) officially announced on July 1st, 2019 that it is planning a strategic restructuring with China Shipbuilding Industry Corporation Co., Ltd.(CSIC) and the relevant plans still need to be approved by

OOCL is very honored to receive the Top Ranked Carrier 2019 award, an achievement that would not have been possible without the strong votes of confidence from members of the Agriculture Transportation Coalition (AgTC) community who partici

1.Cosco Shipping Energy Transportation has approved a proposal for its 51% owned joint venture, Cosco PetroChina Shipping, to join the bidding for four 28,000 dwt product tankers. 2.EVE Energy, a Chinese lithium battery producer, has entere

Since its inception with the speech by Chinese leader Xi Jinping in 2013, the world has been trying to get its collective head around the BR concept and its likely impact. Since 2013, the media has been replete with contradictory stories, f

Haizhuang Wind Power (HZ Wind) under China Shipbuilding Industry Group Co., Ltd announced that the construction of its first-ever self-made 300 MW offshore wind power project has commenced in Dalian sea area, the company said on June 26. It

Oil prices fell on Friday, as the market was dampened by a surge in U.S. crude oil output in April and increased U.S. oil rig count this week. The West Texas Intermediate for August delivery decreased 0.96 U.S. dollar, or 1.62 percent, to s

International Maritime Organization (IMO) has been preparing ahead of the implementation date. From 1 January 2020, under IMOs MARPOL convention for the prevention of pollution from ships. Accordingly, the sulfur content of fuel oil used by

\ Seaborne trade keeps the world going. According to data released last year by the United Nations Conference on Trade and Development (UNCTAD), international seaborne trade expanded by 4 per cent in 2017 the fastest growth since 2012 and t

Chinas steel output and prices rose in May, according to the countrys top economic planner. Crude steel output jumped 10 percent year on year to 89.09 million tonnes, while coke production grew 5.7 percent to 40.16 million tonnes, the Natio

A pioneer in the use of LNG, the CMA CGM Group will operate 20 LNG-powered vessels by 2022 BALT 2 a redesigned service for Northern Europe, the Baltics and Russia, covering major ports with highly competitive transit times A fully eco-frien

Mingfa Liu, BSM China Managing Director, talks to China Economic Daily News about the development of the Maritime Industry in China and how BSM has impacted its international Shipping Market. Read now the full bilingual article below. 15483

1.Evergreen Marine Corp achieved revenue growth of 24 per cent over the first five months of the year to total NTD77.1 billion (US$2.48 billion), driven by the expansion of cargo volumes to the US and Southeast Asia. 2.Chinas Rizhao Port Gr

From June 20 to 22, a delegation headed by Deputy Secretary of Shanghai Municipal Party Committee and Mayor of Shanghai Mr. Ying Yong visited Greece and had a field trip to the Port of Piraeus invested and operated by COSCO SHIPPING. On Jun

Dalian iron ore prices surged to a record on Thursday, snapping a three-day decline on renewed concerns about tightening supply of the raw material, while steel rebar futures extended their rally amid output cuts intended to curb pollution

With tensions rising in the Persian Gulf area following recent attacks on two tankers, War Risk underwriters are charging Additional Premiums (AP) for calls to the Arabian Gulf/Gulf of Oman. Some underwriters are charging a flat rate for al