On July 10, 64,900 DWT crude carrier No. 2 built by Guangzhou Shipyard International for COSCO SHIPPING Energy Transportation was named and delivered. The ship was named YUAN AN HU. With a total length of 224.9 meters, a ship width of 35 me

1.On July 10, it was announced that Miao Jianmin was appointed as the new Chairman of China Merchants Group Limited. 2.Chinese dry bulk owner Jinhui Shipping and Transportation has added to its fleet with the acquisition of 2001-built supra

Chinese rebar futures hit a 10-month high July 9 as loosening credit restrictions and expectations of strong demand after the passing of severe summer weather boosted buying interest, market sources said. The most active October contract cl

Chinas index of export container transport edged up in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 864.72, up 1.3 percent from a week earlier, according to the ex

Namibias new container terminal situated in the coastal town of Walvis Bay has placed the country in a more competitive position as it can now accommodate larger vessels, making it a preferred destination by many countries. Built by the Chi

Shanghai ranks as one of the top three international shipping centres with world-top container throughput, optimizing collecting and distribution system as well as improving business environment, Xinhua-Baltic International Shipping Centre

Petrobras is bidding to build Brazils largest floating production storage and offloading vessel (FPSO), which could cost up to $3bn. Two of the worlds largest FPSO operators, MODEC of Japan and SBM Offshore of the Netherlands, will be biddi

1.Chinas Hudong-Zhonghua Shipbuilding is to deliver another LNG carrier that will serve the Novatek-operated Yamal project in the Arctic. 2.Zhejiang Satellite Petrochemical is currently in talks with South Korean yards for the construction

Owing to the changing epidemic situation in Hong Kong in the past few days, the HKSAR government has imposed a new condition to safeguard public health, while allowing both cargo ships and passenger ships to continue to perform crew changes

China has issued more non-state crude oil import quotas to refiners, for a total of 26.84 million tonnes (195.93 million barrels) in its third batch for 2020, three sources familiar with the matter told Reuters on Thursday. A total of 17 co

Singapores residual fuel oil inventories jumped 6% in the week to July 8 to a more than three-year high, official data showed on Thursday, as limited bunker demand and steady imports pushed supplies higher. This came as Singapore became for

The interim judicial managers of Ocean Tankers Pte Ltd - a troubled unit of the crumbling Hin Leong empire and one of the worlds largest operators of oil tankers - have raised doubts over the firms exposure to nearly US$1 billion of potenti

On July 7, CSSC Marine Power and Yangzijiang Shipbuilding Group signed a contract for the construction of 2+8 WinGD9X92DF main engines. The series of main engines signed this time will be used for the 14000TEU dual-fuel powered container sh

1.Chinese state-run shipping giant Cosco Shipping has entered into an agreement with Alibaba and its fintech affiliate Ant Group. 2.Chinese dry bulk carrier operator Ningbo Marine has secured a certification from China Maritime Safety Marit

Chinas Nanjing Iron Steel Co Ltd said on Wednesday it has completed its first blockchain-backed trade in iron ore after booking a $16.87 million shipment of the steelmaking ingredient from a joint venture of miner Rio Tinto. Blockchain, a d