Chinas iron ore futures finished higher on Friday. The most active contract for May 2019 delivery ended the day session up 1.22 percent to 497 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors sinc

As shippers go on to make large-scale vessel sharing agreements, carriers are formulating new strategies to survive, reports Drewry. What are the new ways? It has been said that differentiation is impossible in the container shipping indust

Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets. Liquefied natural gas (LNG) d

1.In response to the fluctuating bunker prices and to reasonably compensate for our soaring bunker costs, COSCO SHIPPING Lines is going to introduce a Bunker Adjustment Surcharge from January 1st, 2019 aiming at truly reflecting the variati

2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An almost total halt in Panamax demolitions has been an important factor behind this fall, with de

Chinese Ministry of Transport officially issued a new regulation regarding requirements of emission control areas in Chinese territorial waters which will become effective from 01.01.2019. For source text,pls click the link below http://www

In response to the fluctuating bunker prices and to reasonably compensate for our soaring bunker costs, COSCO SHIPPING Lines is going to introduce a Bunker Adjustment Surcharge from January 1st, 2019 aiming at truly reflecting the variation

Huaneng Taicang port in eastern Chinas Jiangsu province is going to fine clients 1 yuan/t per day if the time period of their coal storage at port surpasses 60 days (starting from the second day after unloading is finished), the company sai

TCC Group chairman and chief executive Kenneth Koo owes much to the inspiration offered him by previous generations of his family. The next generation will thank him for his extraordinary contribution For those unfamiliar with the name of K

With less than a week until Christmas and most of our presents bought, were feeling the pinch. However, thats nothing compared to the amount that some have been spending this year. VesselsValues Senior Analyst Court Smith gives a rundown on

As part of a joint project with Masterbulk Pte. Ltd. (Masterbulk), Eco Marine Power (EMP) is pleased to announce that an UltraBattery (UB) battery pack manufactured by the Furukawa Battery Company (Furukawa Battery) has been installed on th

De Nora, a market leading supplier of electrochlorination equipment, announced that it has received Type-Approval from the United States Coastguard (USCG) for its BALPURE ballast water treatment system (BWTS). The BALPURE system has been ap

Starting January 12th, 2019, the short sea service, operated by BG Freight and currently calling Immingham, will be moved to Hull Container Terminal in East Yorkshire, also operated by Associated British Ports. We are very pleased with the

Hong Kongs container volume continued on its downward trend by falling 4 per cent in November to 1.68 million TEU compared to 1.76 million TEU in the same month last year, according to statistics from the Hong Kong Maritime and Port Board.

Chinas iron ore futures closed higher on Thursday. The most active contract for May 2019 delivery ended the day session up 1.85 percent to 496.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors si