Chinas iron ore futures settled higher on Friday. The most active contract for January 2019 delivery ended the day session up 0.5 percent at 498 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors si

1.After a 33-day voyage,Chinese ice-class cargo ship Tian En,designated to transport cargo via the northeastern shipping route of the Polar Silk Road,arrived Thursday at Rouen port, France, where part of the cargo will be unloaded. 2.DNV GL

US energy giant ExxonMobil said on Wednesday it has signed a preliminary deal to build a petrochemical complex and invest in a liquefied natural gas (LNG) import terminal in China. The agreement worth billions of dollars with the southern G

Drewry maintains a positive outlook on the dry bulk market and expects charter rates to improve from current levels, driven by moderate increases in vessel demand and low growth in vessel supply as a result of restrained new ordering and a

After a 33-day voyage, Chinese ice-class cargo ship Tian En, designated to transport cargo via the northeastern shipping route of the Polar Silk Road, arrived Thursday at Rouen port, France, where part of the cargo will be unloaded. In Janu

Mitsui OSK Lines president and chief executive, Junichiro Ikeda revealed earlier this week that the newly established MOL Worldwide Logistics Ltd is to be headquartered in Hong Kong. The new company was first mooted last year when MOL first

Chinas crude oil futures settled lower on Thursday. The main contract for December delivery was down 1.08 percent to 520.00 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first yuan-de

At the United Nations in New York, the International Chamber of Shipping is representing shipowners at the start of a major negotiation to agree a new legal instrument for the protection of the ocean under the UN Convention on the Law of th

The Clean Arctic Alliance called on Cosco to make public the nature of the fuel that the Chinese cargo vessel Tianen has used and carried through Arctic waters. Clean Arctic Alliance Lead Advisor Sian Prior was responding to news that the C

1.Hong Kong-Taiwanese intra-Asia container line,TS Lines is set to issue an initial public offering (IPO) in Hong Kong. 2.Chinas Dalian Shipbuilding Industry Company and DNV GL said on Wednesday that they signed a joint development project

Chinas imported iron ore spot prices fluctuated at a small range with prices of partial specifications increased by RMB3-5/tonne. Expected for the rising market, some traders have sentiment of firming the lump price up. Traders said that th

DNV GL and Menon Economics announced that China is the top international shipping nation according to their new report The Leading Maritime Nations of the World, which was presented at the SMM trade fair in Hamburg today. The study benchmar

Classification society DNV GL granted approval in principle to Jiangnan Shipyards new liquefied natural gas (LNG) carrier design. The design was developed by the Chinese shipyard in cooperation with ship designer MARIC, GTT, DNV GL and majo

Chinas Dalian Shipbuilding Industry Company and classification society DNV GL said on Wednesday that they signed a joint development project agreement to develop a new 23,000 TEU LNG-fuelled ultra large container vessel. The project is focu

COSCO Shipping Lines reported a 12.4 per cent year-on-year increase in throughput in the first of half 2018, citing economies of scale and improved management as volumes hit 11.24 million TEU. The carrier also announced a 15.8 per cent incr