1.China will attempt to solve the trade tension with the US during 2019, the countrys commerce minister informed. This decision came after talking with US negotiators last week. 2.Chinas foreign trade volume reached 30.51 trillion yuan in 2

COSCO Shipping Development (Hong Kong), a subsidiary of Cosco Shipping Development, has entered into a sale and leaseback agreement with Japanese leasing outfit Financial Products Group (FPG) for four of the companys box ships. Under the ar

Chinas imports of natural gas surged 31.9 percent year-on-year to 90.4 million metric tons in 2018, setting a record, according to the General Administration of Customs. It also demonstrated that most of the liquefied natural gas came from

Two Chinese shipbuilding companies have expressed intent to invest in the largest Philippine shipyard, debt-riddled Hanjin Heavy Industries and Construction Philippines, the Department of Trade Industry (DTI) said. Drowning in debt, the Phi

On January 7, Chinas Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corp. (CSSC) has officially announced that it has set up a specialized team for the design of large cruise ships. Specialized Ship Design

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 1.7 per cent to US$979 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade declined 1.7 per cent t

Chinas manned submersible Shenhai Yongshi (Deep-Sea Warrior) finished its first diving this year on Tuesday in southwest Indian Ocean with a harvest of deep-sea samples. The submersible was placed into the sea at 07:30, and dived for over n

S ingapores 2018 Maritime Performance Sustained overall growth; container throughput grew by 8.7 per cent The Port of Singapore maintained a stable performance in 2018. Container throughput grew by 8.7 per cent to 36.6 million twenty-foot e

Chinas foreign trade volume reached 30.51 trillion yuan in 2018, up 9.7 percent year-on-year, reaching a record high in import and export volume, said Li Kuiwen, spokesperson of the General Administration of Customs (GAC), at a news confere

1.Chinas latest liquefied natural gas (LNG) carrier Fanfei was delivered to its user on Tuesday at the Changxing Island of Shanghai.The 290-meter-long carrier is the same size as a medium aircraft carrier.The maximum LNG it can hold is 104

Xinde Marine News Green ShipTech Seminar, conducted by Xinde Marine News, sponsored by LeesGreen Ballast Water Management, Pure Ocean Tecnology and with supporters of the Marshall Islands Registry and DNV GL, has ended with great success on

After three months of dredging test, Tiankun, Asias largest cutter-section dredger, returned to Qidong shipyard in East Chinas Jiangsu province on Wednesday and will be put into operation soon. During the test, the Tiankun intelligent dredg

China Petroleum and Chemical Corp (Sinopec), the countrys biggest geothermal developer, is pumping 130 million cubic meters of natural gas a day, in an effort to meet demand during the peak winter season. All of the companys gas fields and

1.Xinde Marine News Green ShipTech Seminar, conducted by Xinde Marine News, sponsored by LeesGreen Ballast Water Management, Pure Ocean Tecnology and with supporters of the Marshall Islands Registry and DNV GL, starts on Jan 11th, 2019 in D

As theres no extension to the IMO 2020 Sulphur regulation, shipowners and shipping companies should create a ship implementation plan. The 3 month grace period till March 20 should be fully utilised to show diligence to compliance. The most