Over the past decade, the developing world economy has allowed for strong growth in shipping activities, with the demand for transport never having been higher. However, the benefits of this growth have been limited due to the industry jeop

Chinas 36th Antarctic expedition concluded on Thursday as the two research icebreakers involved in the mission returned to their home port in Shanghai. The Xuelong, or Snow Dragon, and Xuelong 2 set sail on October 9 and travelled a total o

China on Wednesday launched its second Type 075 amphibious assault ship, only a little more than half a year after the launch of the first one, leading Chinese military experts to say China has mastered mature technologies, prepared related

On April 22, China State Shipbuilding Corporation held a video conference on the operation and production of marine business in 2020. In the first quarter, China State Shipbuilding Corporation received orders for 25 new ships, with a total

On April 21, Shanghai Waigaoqiao Shipbuilding, a subsidiary of CSSC, and Shanghai Construction Group signed a strategic cooperation agreement. Shanghai Construction Group and Waigaoqiao Shipbuilding, one is a master architect on the land an

1.CSSC and Qatar Petroleum formally signed a Qatar Petroleum-CSSC LNG Ship Construction Project with a total amount of more than 20 billion yuan. 2.Chengxi Shipyard was offered another olive branch by Kumiai Senpaku who placed newbuilding o

China must be prepared to deal with future shocks The United States is the worlds largest crude oil consumer thanks to its highly developed aviation industry, huge number of private cars and wide range of energy-consuming industries. Yet th

Chengxi Shipyard was offered another olive branch by Kumiai Senpaku who placed newbuilding orders of one Asphalt Tanker plus one 50,000 MR Tanker. As a visionary shipbuilder, Chengxi is committed to providing diversified vessel types for ow

East Chinas Shandong province reported a 12-percent year-on-year growth in trade with Belt and Road (BR) countries in the first quarter, despite a slight drop in its overall foreign trade due to the coronavirus epidemic, local authorities s

On April 20, the ship SEACOR ANDES, a platform supply vessel (PSV) project built by COSCO SHIPPING Heavy Industry (Zhoushan) for SEACOR, an operator of offshore ships, was successfully delivered. Ching Kok Yen Andy, representative of the sh

1.IMO Secretary-General Kitack Lim published personal message to seafarers. 2.Facing the outbreak of COVID-19, terminals under COSCO SHIPPING Ports (CSP) published their hard-won business results for the first quarter of 2020. 3.Chinas Hudo

Chinese iron ore futures slumped on Tuesday, retreating from a more than 8-1/2-month closing high hit in the previous session, on concerns about surplus supply of the steelmaking raw material as the coronavirus hit demand outside China. Ste

Analysts said the US oil futures price turning negative reflects an energy market continuing to reel from the dual demand-supply shock amid the COVID-19 pandemic, and China should further increase domestic oil and gas storage facility const

N o Serious Impact on Oil Trading and Bunkering Sectors; Banking System Remains Sound In response to media reports, Enterprise Singapore (ESG), the Maritime and Port Authority of Singapore (MPA) and the Monetary Authority of Singapore (MAS)

No Serious Impact on Oil Trading and Bunkering Sectors; Banking System Remains Sound In response to media reports, Enterprise Singapore (ESG), the Maritime and Port Authority of Singapore (MPA) and the Monetary Authority of Singapore (MAS)