The Board of Jinhui Shipping and Transportation Limited (the Company) is pleased to announce the unaudited condensed consolidated results of the Company and its subsidiaries (the Group) for the quarter and six months ended 30 June 2020. In

The Baltic Exchanges main sea freight index rose on Tuesday, as higher rates for capesize vessels offset a fall in panamax and supramax segments. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects

Saudi Arabias crude oil exports to China fell in July, taking it out of the top two supplier slots for the first time in two years, after a historic production cut to cope with a plunge in fuel demand and prices that was by the COVID-19 pan

Amidst the COVID-19 pandemic, maritime companies in Singapore have come together to provide job opportunities for Singapore Citizens and Permanent Residents entering the workforce. The Maritime and Port Authority of Singapore (MPA) is worki

Incidents at Batangas Anchorage, Philippines Within an interval of seven days, two incidents of armed robbery against ships occurred while they were berthed/anchored in Batangas, Philippines. In both incidents, the perpetrators demonstrated

On August 23, 2020, Guoyuan 82, the first ship of 86,000 dwt karmsamax series bulk carrier under Fujian Guohang Ocean Shipping (Group), was delivered at Qingdao. The maiden voyage ceremony was held smoothly. This series ship has a total len

Dalian Shipbuilding Industry Steel Structure Manufacturing has been actively promoting the research and development of gas supply system for ships. This certification is mainly for small and medium-sized vessels and low-pressure LNG single-

The Baltic Exchanges main sea freight index inched up on Monday, as a jump in capesize rates offset lower prices for panamax vessels. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for ca

BULLS SHARE BUY-BACK PROGRAM WITH A MAXIMUM VALUE OF RP 270 BILLION PT Buana Lintas Lautan Tbk (BULL), the largest Indonesian oil and gas tanker company with a global footprint, today announced its first share buyback program. The managemen

China Harbour Engineering Company will be responsible for the construction of a new planned shipyard in Nigeria to provide services for the maintenance and repair of an increasing number of cargo, oil and LNG ships. This project is funded b

SITC International Holdings reported interim results for the period to the end of June, during which it still reported revenue of $743m, down just 0.42% on an annual basis. The companys shareholders profit during the period was US $119 mill

In July 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 144.41points, up 8.46% from the previous month and up 3.75% year-on-year; the export trade ind

Some members of the OPEC+ group of oil-producing nations would need to slash output by an extra 2.31 million barrels per day (bpd) for a month to make up for their oversupply between May and July, an internal OPEC+ report seen by Reuters sh

Eight people have been confirmed dead and six others remain missing after an oil tanker collided with a cargo ship near the Yangtze River estuary, the maritime authorities in Shanghai said Saturday. The accident occured at 3:39 a.m. Thursda

Political Posturing For the oil and tanker markets, the Trump Presidency marked a notable shift in global politics, energy markets and international trade. Early on, the Trump Administration withdrew from the Paris climate agreement and soo