1.The technology group Wrtsil and COSCO Shipping Heavy Industry have signed a Memorandum of Understanding (MoU) covering the development of local production resources, thus ensuring further development and support of Wrtsils exhaust gas cle

In this weeks analysis, we again update shippings mid-year report, reviewing progress across a range of shipping sector subjects. Our overall ClarkSea Index increased 8% y-o-y in the first half, to move marginally above the trend since the

OPECs compliance with its production quotas fell sharply in June, as output gains in the month by Saudi Arabia and Nigeria, along with Iraqs continued flouting of its cap, shrank the blocs margin for remaining within the bounds of its suppl

MSC Gulsun, the worlds largest container vessel by carrying capacity, set sail from north Chinas port city of Tianjin on Monday, heading for northwestern Europe. With a maximum load of 224,986.4 tonnes, MSC Gulsun is capable of transporting

The technology group Wrtsil and COSCO Shipping Heavy Industry have signed a Memorandum of Understanding (MoU) covering the development of local production resources, thus ensuring further development and support of Wrtsils exhaust gas clean

China Shipbuilding Industry Corp, the primary contractor for the countrys naval force, will accelerate the development of intelligent manufacturing processes at its shipyards as part of efforts to build high-end ships, its executives said.

With our commitment to environmental excellence, OOCL is proud to receive the Green Shipping Award at the Seatrade Maritime Awards Asia ceremony in Hong Kong on June 28, 2019. Highly recognized as one of the most important events in the ind

1.The Shanghai Futures Exchange revealed that China plans to launch a bonded low-sulphur bunker fuel oil contract that will enable foreign investors to participate in trading by the end of 2019. 2.Six Chinese firms and Lloyds Register (LR)

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday declined by a further 1.9 per cent to US$688 per TEU, while the Shanghai-Mediterranean fell 2.9 per cent to $705 per TEU, according to the Shanghai Co

Visiting International Chamber of Shipping secretary general, Guy Platten confirmed that a China Liaison office will be launched in Hong Kong in November to coincide with this years Hong Kong Maritime Week. A ceremony will be held at the an

In 2018 there were 24 Refusal of Access Orders (ban) issued. This shows a decrease from 32 in 2017. Refusal of access (banning) has been used 77 times since 2016. The detention percentage has decreased to 3.15% (from 3.87%). Consequently, t

1.China will further optimize the business environment in ports to spur cross-border trade, officials from the General Administration of Customs said on Wednesday. 2.China aims to launch a bonded low-sulphur bunker fuel oil contract that wi

Members are reminded that in order to ensure that liabilities for the carriage of cargo on deck fall within Club cover, the contract of carriage must contain an appropriate liberty or be endorsed with a suitable clause. However, a clause su

China aims to launch a bonded low-sulphur bunker fuel oil contract that will allow foreign investors to participate in trading by the end of 2019, the Shanghai Futures Exchange (ShFE) said on Thursday. A 0.5 percent sulphur content cap in s

Hong Kong-based Wallem Group has signed a global key account management contract with Man Energy Solutions that will see the engine manufacturer supply main engines, generators and turbochargers across the Wallem fleet. The global agreement