Chinas coal demand is expected to fall at a snails pace over the next 20 years due to the countrys preference for the cheap fossil fuel, a report said Thursday. Chinas demand for coal is projected to reach 2.39 billion tons of coal equivale

Figures released by Hong Kongs Census and Statistics Department this week reveal a steep decline in port cargo for the fourth quarter of 2018. In the last three months of 2018, total port cargo throughput fell 13% compared with the fourth q

A private ship-repairs firm has become a model in the development of the private sector in China. In the Xinya Shipyard, large ocean vessels are seen everywhere along the 1,500 meters of coastline in Zhoushan City of east Chinas Zhejiang Pr

Chinas iron ore futures finished higher on Thursday. The most active contract for May 2019 delivery finished the day session up 0.73 percent to 623.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investo

Hainan province is continuing its efforts to promote the development of the free trade zone covering the whole island, while exploring ways to build a free trade port, provincial officials said on Thursday. Liu Cigui, Party secretary of Hai

Taiwanese liner Yang Ming Marine Transport Corporation has announced the launch of two new ultra-large container vessels (UCLVs), which were officially named at Imabari shipyard on March 6, 2019. The two ships, YM Warranty and YM Wellspring

This year, and over the coming years, BIMCO will be publishing a string of new publications in close corporation with Witherby Publishing Group. Two of the most recent publications; an updated version of the BIMCO Shipmasters Security Manua

China replaced South Korea as the worlds second-largest LNG importer in 2017, and again surprised the market in 2018 with a counter-seasonal conundrum of summer shortage and winter oversupply. But as the energy-consuming giant of Asia conti

1.The second session of Chinas 13th National Peoples Congress was opened in Beijing on 5 March and Premier Li Keqiang delivered the government work report and stated national plans for several industries in the meeting,including development

On the afternoon of March 5, a delegation headed by Mr. Chen Hongxian, Director of Guangzhou Port Authority, visited COSCO SHIPPING and held talks with Mr. Sun Jiakang, Executive Vice President of COSCO SHIPPING. The two sides exchanged vie

The Philippine National Oil Company has joined its compatriot Phoenix Petroleum and Chinese CNOOC Gas and Power Corp. on the $2 billion LNG import facility. The state-run PNOC signed a memorandum of understanding with the two partners for t

The international marine fleet underpins the system of world trade and consumes around one in every 20 barrels of oil. Shipping industry emissions are significant, with the worlds merchant fleet emitting more CO2 each year than Germany. Fro

Namibias new container terminal at the coastal town of Walvis Bay which was constructed by a Chinese company will be commissioned on August 1 this year, Acting Chief Executive Officer of Walvis Bay Corridor Group Clive Smith told reporters

Ningbo Zhoushan port in eastern Chinas Zhejiang Province saw roll-on/roll-off (ro-ro) car exports through the port reach 10,000 on Tuesday, according to the port. Most of the exports were done since the beginning of this year. A ship carrin

Steel and iron ore futures in China edged higher in a muted session on March 6 as investors awaited catalysts, including progress in the Sino-US trade talks. US President Trump will reject a trade deal with China that is not perfect, but th