1.China on Thursday launched a 24-hour intelligent customs clearance system at the Huangpu Customs District in south Chinas Guangdong Province, the first of its kind to be put into operation at the countrys ports. 2.BEIJING, Dec. 19 (Xinhua

The worlds second largest iron ore miner, Rio Tinto and China Baowu Steel Group Corp will negotiate a possible extension of their joint venture in Western Australias resource-rich Pilbara region. The companies signed an agreement on Decembe

Swedish family-owned shipowner Rederi AB Donstank has contracted two oil products and chemical tankers at Chinese Wuhu Shipyard Co. Ltd. The vessels will be delivered in 2021, the Gothenburg-based shipping company said in a press release. T

Prompted by regulatory changes and a desire to invest in Hong Kongs success, Lloyds continues to grow its presence Marine insurance is of course the oldest form of insurance with origins in the Greek and Roman civilisations. In the 17th cen

Chinas steel futures prices edged up on December 20 amid expectations of firmer demand as the government takes steps to support the economy and on concerns that supply could tighten as winter production curbs bite. The outlook for demand fr

There are almost 26,000 active UK seafarers at sea, according to new Government statistics. The annual Seafarer Statistics from the Department for Transport, which were released last week, showed just under half of the total active at sea w

Chinas crude oil futures plunged on Wednesday. The most active contract for January 2019 delivery was down 5.9 percent to 389 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first yuan-

China on Thursday launched a 24-hour intelligent customs clearance system at the Huangpu Customs District in south Chinas Guangdong Province, the first of its kind to be put into operation at the countrys ports. One of the prime features of

Chinese Ministry of Transport issued a new regulation regarding requirements of emission control areas in Chinese territorial waters which will become effective from 01.01.2019. This new regulation introduces some substantial changes to the

Copenhagen, 19 December 2018 A.P. Moller - Maersk announces changes to its services connecting Asia and Europe. With the enhancements Maersk further improves schedule reliability, enabling stable and reliable cargo deliveries to its custome

1.Kumiai Navigation has commissioned Nantong Cosco KHI Ship Engineering (Nacks) to construct a 208,000-dwt bulker for delivery in June 2020.It has also contracted Nacks sister shipyard, Dalian Cosco KHI Ship Engineering, to build a 61,000-d

State-owned China National Offshore Oil Corporation (CNOOC) said on December 18 it has signed strategic agreements with nine foreign companies to conduct exploration at two oil and gas blocks in southern China. Exploration will take place i

The Chinese governments objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Panamaxes and thus rates. Nonetheless, we believe imports will be supported by winter and high-energy

Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we should look towards emerging and developing countries. The IMF also points out that advanced ec

The first shipment of Fortescue Metals Groups (FMG) new higher grade iron ore left Western Australia on Monday for Hunan Valin Steel Co Ltd in China. The new West Pilbara Fines product comprises a mix of ore from Fortescues Firetail mine an