With just two weeks remaining before theyre supposed to gather in Vienna, OPEC and its allies are still struggling to settle on a meeting date. Its the latest example of how bitter geopolitical rivalry between Saudi Arabia and Iran can caus

As weak demand growth is forecasted for the coming quarters, the container shipping industry is set to return to negative margins. Demand drivers and freight rates The number of boxes being shipped around the globe by sea grew 0.5% 191,000

New marine fuel rules to boost diesel prices for at least a year -analysts Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur marine fuels, and remain higher for at least a

The Plenary Session of the 23rd St. Petersburg International Economic Forum (SPIEF) was held in St. Petersburg on June 7, according to Xinhua. Chinese President Xi Jinping, Russian President Vladimir Putin, Bulgarian President Rumen Radev,

1.Chinas CNPC and CNOOC have both signed share and purchase deals acquiring 10 percent stake each in Novateks Arctic LNG 2 project.Both deals are expected to close in the near future following the approvals by regulatory authorities in Russ

The Digital evolution is shaping the Maritime future in every aspect and all its segments, taking advantage of modern ships design and new technologies. Changes dont start with ship, but with leadership At a Digital Ship Conference in Berge

In the week ending May-31, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 675.0 points, slightly Download PDF Below find the NCFI Weekly Index Data chart: Download PDF Source: Ningbo Shipping Exch

Palau International Ship Registry (PISR) has been recognised by the International Maritime Organisation (IMO) as to fully comply with the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW)

The Sino-US trade war exposes the international shipping market to greater uncertainties and risks of another downward trend. Hong Kong, the hub of cargo transshipment in South China, suffered a sharp drop in container throughput in 2018, f

Four research vessels set out simultaneously on Monday for different seas in Chinese territory, aiming to collect marine research data. Scientists hope the research can provide support for ecological protection of offshore areas as well as

Finnish technology group Wrtsil has been contracted to provide its technology for Chinas first seagoing LNG bunker vessel being built by the Dalian Shipbuilding Industry Corporation (DSIC) for an ENN Energy company. The vessel has been desi

1.Japans Marubeni Corporation has entered into an agreement with China-based Sinopec for the distribution of IMO 2020-compliant low sulphur marine fuel oil. 2.Cosco Shipping Lines, the container shipping arm of Cosco Shipping Group, is to l

The largest and most luxurious ro-ro (roll-on/roll off) ship in Asia, Zhonghuafuxing (Rejuvenation of China), set sail from Shidao Bay in Rongcheng city, Shandong province on Saturday morning. The ship, built by Shandong-based Huanghai Ship

Dry bulk carriers are yellow, container ships are green, oil tankers are painted red, blue ones are multipurpose vessels, and those bearing pink spots are passengers liners. No, these are not puzzles or a fantasy game. Rather, these are the

Chinas CNPC and CNOOC have both signed share and purchase deals acquiring 10 percent stake each in Novateks Arctic LNG 2 project. Both deals are expected to close in the near future following the approvals by regulatory authorities in Russi