Chinas liquefied natural gas (LNG) market is set to have a prosperous future, experts in the industry said. The country is looking at improving its air quality, as pollution is causing severe health issues among the population. Coal account

1.The global container shipping market is expected to stay on a recovery course this year with demand growth predicted to outpace supply growth, according to Yang Ming Marine Transport Corp chairman Bronson Hsieh. 2.China will announce a pl

On the morning of February 28, Mr. Isurin Alexander, President of FESCO Transportation Group visited COSCO SHIPPING headquarters. Mr. Wang Haimin, Executive Vice President of COSCO SHIPPING headquarters met with the delegation and discussed

Hong Kongs leading minor bulk player, Pacific Basin turned in a sterling performance in 2018 and were rewarded with a US$72.3m net profit, up from US$2.2m in 2017. Pacific Basins improved results were led by increased earnings of both the H

The Hong Kong Government today announced the appointment of Hong Kong Disneyland managing director, Stephanie Young, to the Advisory Committee on Cruise Industry. Ms Young who has had a 26-year career with the Walt Disney Company recently a

The Hong Kong Government has announced its intent to adopt a number of training and environmental measures introduced by the International Maritime Organisation including training requirements for crew on Hong Kong registered ships navigati

Chinese iron ore prices edged higher, while steel futures were little changed in early trade on February 28 as still-high inventories cooled hopes of a strong rebound in prices when demand picks up as construction activities resume next mon

Energy supplier will ramp up efforts to develop clean fuel and reduce imports China National Petroleum Corporation, the countrys largest oil and gas producer and supplier, reported steady daily production of shale oil of 20-30 cubic meters

The port of Fujairah in the UAE has begun offering cleaner marine fuel oils that comply with stricter global emissions rules which come into effect at the start of 2020, a port document showed. Bunkers with a maximum 0.5% sulfur content are

Last week it was reported that ports overseen by Dalian customs (Dalian, Bayuquan, Dandong, Panjin and Beiliang) would stop importing coal, both thermal and coking, from Australia indefinitely. In addition, total imports would be subject to

China allows overseas individual investors to participate in the trading of iron ore futures on the Dalian Commodity Exchange starting Wednesday. The move came after the country opened iron ore futures to foreign institutional investors in

The Canadian Senate is giving consideration to legislation that would have the effect of establishing a moratorium on the shipment of crude oil in the waters of Northern British Columbia (Bill C-48: An Act respecting the regulation of vesse

The 2019 budget address delivered by Hong Kongs financial secretary, Paul Chan on Wednesday had nothing new specifically for the territorys marine sector. Mr Chan noted this morning: The Government has commissioned the Hong Kong Maritime an

China will announce a plan this year to form a national oil and gas pipeline group combining the long-distance pipeline assets of the countrys state-owned energy companies, in the sectors largest reshuffle in two decades, said three persons

1.Rizhao port of Shandong province is to build an additional 300,000 tonnes class (VLCC) crude oil terminal to further improve its crude oil transportation service.The terminal,will be jointly invested in and constructed by Rizhao port,Shan