On September 2, 2020, China Merchants Industry and China Railway Construction Bridge Engineering Bureau Group held a signing ceremony for the construction contract of 2200 DWT crane ship. The 2200 DWT crane ship signed by both parties is de

There is a crude oil market narrative that demand is recovering from the shock of the coronavirus pandemic, and therefore producers that previously cut output can now put more supply back into the market. While there is evidence to support

The Baltic Exchanges main sea freight index fell on Thursday, hurt by declining rates for capesize and panamax vessels. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panama

On the morning of 3th Sept.2020, Mr. Chua Teng Hoe, Consul General of Singapore in Shanghai, visited COSCO SHIPPING headquarters. Mr. Wang Haimin, Director of the Board of COSCO SHIPPING met with the Consul General. Both sides exchanged vie

More than 200 representatives from Getting to Zero Coalition members convened virtually this week for the Coalitions second biannual working session with the objective of advancing the ambition of having commercially viable zero emission ve

CIMC has made the latest progress in equity changes. After Vanke, Shenzhen SASAC will become the largest shareholder of CIMC. On August 25, CIMC announced that Shenzhen Capital Holdings intend to transfer part or all of the companys shares

Higher crude prices held back buying interest in Chinas bunker markets. Prices rose across the board but spot trade volumes fell. Very low sulphur fuel oil (VLSFO) spot volumes in Zhoushan were at 2,800t, compared to more than 4,900t on Fri

China has suspended imports of barley from Australias largest grain handler, CBH Group, according to a statement by the Chinese customs late Sept. 1. China said the suspension is due to phytosanitary requirements on weed seeds not being met

The Baltic Exchanges main sea freight index dropped on Wednesday, pressured by a dip in capesize and panamax vessel rates. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, pan

Qu Dongsheng, an engineer at the Tianjin Port Pacific International Container Terminal, is excited about changes that have taken place at the terminal over the past decade. In the past, workers needed to remain 46 meters above the ground to

A comprehensive scientific research and student training ship commissioned by Guangzhou, Guangdong province-based Sun Yat-sen University was lowered into the water for the first time at Jiangnan Shipyard in Shanghai on Friday. Measuring 114

The 14th edition of the Singapore Maritime Lecture returned in part one of the three-part Maritime Perspectives webinar series*. Over 420 industry leaders and participants from 22 countries tuned in to the webinar. In a keynote address titl

Following the announcement on July 6 2020 and receipt of required competition approvals, A.P. Moller - Maersk has now completed the acquisition of the European customs services specialist to further enhance its logistics and services offeri

The Nautical Institute (NI) is proud to announce the formal launch of The Nautical Institute Foundation, a new charitable initiative that will allow the NI to extend the scope and reach of its current activities. The Nautical Institute Foun

In the mid of August, Chengxi Shipyard delivered its first in-house designed 40,000DWT self-unloading carrier which accomplished the sea trail with excellent performance on July 16, 2020 and was highly praised by owners, setting a benchmark