The bidding for investment reshuffle of Fenghai Shipping after its bankruptcy has come to a close, which was once the largest private fluid cargo shipowner in China with a shipping capacity of 28 vessels or 300,000 tons. Many prestigious co

1.On December 27, 2019, the strategic cooperation agreement for the project of 2 million tons / year low-sulfur fuel oil production base of Panjin Pengchili Petrochemical, a subsidiary of Liaoning Haidexin Group, was officially signed. 2.Qi

On December 27, 2019, the strategic cooperation agreement for the project of 2 million tons / year low-sulfur fuel oil production base of Panjin Pengchili Petrochemical, a subsidiary of Liaoning Haidexin Group, was officially signed. Tao Ho

The Strait of Hormuz, a narrow waterway in the Middle East that marks the most sensitive transportation choke point for global oil supplies, was back in focus Friday after a U.S. airstrike killed a top Iranian military commander and heighte

The China Ningbo Containerized Freight Index (NCFI) reported slight rises in freight indices in the United States routes this week as market shipments continued to grow. NCFI, a wind vane of Chinas busiest ports freight rates for the intern

A floating dry dock with a capacity of over 6,000 tons was officially launched and entered operation in southwest China on Friday, with the facility being the largest of its kind on the upper and middle reaches of the Yangtze River. The 143

Chinas index of export container transport rose in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 897.53, up 2.1 percent from a week earlier, according to the exchan

1.China started to build its first hydrographic survey ship that can conduct operations in deep sea far from the coast. 2.Chinese owner Zhejiang Henghui Shipping has entered into a shipbuilding contract with Yangfan Shipbuilding for the con

KVH Industries and Kongsberg Digital announce the successful installation of their first joint maritime IoT system on an active working vessel. The team installed a KVH Watch VSAT antenna for IoT connectivity and the Kognifai Vessel Insight

The implementation of low sulfur bunker fuel regulations on January 1 could result in changed market structures for clean and dirty tankers in 2020 as a result of compliance choice, as sources contemplate the possible emergence of multi-tie

Crude oil futures closed lower Thursday in daytime trading on the Shanghai International Energy Exchange. The most active crude oil contract for February delivery was down 5.6 yuan ($0.8) to close at 482.5 yuan a barrel. The total trading v

1.On the first day of 2020, CCTV focuses on major projects in the oil and gas industry chain of Zhejiang FTZ, including the Yushan Green Petrochemical Base, the integrated marine service at Xiushan Anchorage, and the Aoshan Petroleum Storag

Shenzhens government is to establish a shipping fund of up to CNY3 billion (US$428 million) to boost the development of various local shipping sectors, including newbuildings, clean energy propulsion, shipping digitisation, shipbroking, ins

The crew of Chinas first domestically made polar icebreaker Xuelong 2, or Snow Dragon 2, have made their wishes for the New Year of 2020 on board the vessel. Xuelong 2 is implementing Chinas 36th Antarctic expedition. We are welcoming the y

1.On December 27,Zhejiang Seaport Asset Management Companys subsidiary Zhejiang Seaport Finance Leasing completed a 49 million yuan ship ownership settlement and fund payment, marking the first ship financing lease business of Zhejiang Seap