Futures prices of steelmaking ingredients in China rose on Monday, with iron ore jumping more than 4% and coke scaling a 12-month high, on strong demand as the worlds top steel producer continues to ramp up output. The most-traded iron ore

The Baltic Exchanges main sea freight index climbed on Monday, as demand for capesize and panamax vessels rose. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and su

On July 31, China State Shipbuilding Corporation announced that the company has successfully raised a total of 3.866.8 billion yuan from 11 investors. So far, the nearly three-year project of CSSCs market-oriented debt to equity swap and ma

Baowu will build the largest renewable resources industrial base in East China with shipbreaking as the core in three years. On July 6, Ou Ye Chain Gold (Jingjiang) was inaugurated in Jingjiang. The registered capital of the project is 195

1.The container throughput of Shanghai port exceeded 3.9 million TEUs in July, hitting a record high, according to Shanghai International Port (Group) Co Ltd (SIPG). 2.China granted export tax rebates or exemptions worth 812.8 billion yuan

The Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, remained unchanged from Wednesday at 531.28 points on Thursday. The statistical samples of TCI cover 19 international shipping

China granted export tax rebates or exemptions worth 812.8 billion yuan ($116.2 billion) in the first half of the year to relieve the financial pressure on enterprises amid the COVID-19 pandemic. Starting from March 20, the country raised t

Brookes Bell the global technical and scientific consultancy - announced plans to develop a high-end laboratory to deliver comprehensive metallurgy, fuel testing, paint analysis and non-destructive testing facilities. Aimed at delivering a

CSSCs Jiangnan Shipbuilding recently signed a contract with AW SHIPPIING LIMITIED to build three 86,000 cubic metre VLGC vessels. This type of ship is a LPG dual-fuel main engine independently developed and designed by Jiangnan Shipbuilding

On the morning of July 28, 2020, the commencement ceremony was held for the construction project of 14000kW large cruise rescue ship (upgraded version) of Nanhai Rescue Bureau undertaken by China Merchants Heavy Industry (Shenzhen). The shi

1.Xihe is currently working with its ship financing banks (Lenders) on a consensual restructuring of the Group. 2.Iron ore and steel futures in China closed higher on Thursday as Beijing aimed to complete local government special bonds issu

The Baltic Exchanges main sea freight index extended gains on Thursday, helped by a rise in rates for capesize and panamax vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates

ReCAAP Information Sharing Centre Holds Dialogue with Shipping Industry to Strengthen Maritime Situation Awareness and Deepen Cooperation in Fight against Piracy and Sea Robbery in Asia Dialogue comes on the back of almost two-fold increase

A new management team has been put in place to chart a fresh course for Singapore-based tanker shipowner Xihe Group of Companies (Xihe) which owns almost 140 vessels covering every segment of the fuel transportation market.Xihe is currently

Recently, the concept design of SEA BREATH small luxury cruise ship independently developed by Italian branch of China Merchants Cruise Research Institute has won AIP certificate issued by RINA. SEA BREATH, a small luxury cruise ship, adopt