Bulk Rates Saw a Recovery in 2017 Bulk rates soared in 2017 and landed at their highest level in three years this December. China has been the driving force, says BIMCO. Bulk rates began to increase from June, and reach the highest level in

News Bulletins on December 28, 2017 1. Beihai Shipbuilding heavy industry of Wuchang Shipbuilding Industry formally signed 6 VLOCs orders with ICBC Leasing and Vale Project. Wuchuan Shipbuilding will construct six 325,000-dwt VLOCs. 2. Chin

News Bulletins on December 27, 2017 1. China Ningbo Zhoushan Ports Annual Cargo Throughput Ranking First in the World. On December 27, at berth No.6 of Ningbo Zhoushan Port Container Terminal, a red container is firmly lifted to Mary Maersk

China Zhoushan Ports Annual Cargo Throughput Ranking First in the World On December 27, at berth No.6 of Ningbo Zhoushan Port Container Terminal, a red container is firmly lifted to Mary Maersk, which marks the Ningbo Zhoushan Port to becom

China SWSs First 21,000-teu Container Ship Launched Successfully On December 25, the 21,000-teu large-scale container ship H1416 launched successfully. It is the worlds largest container ship built by Waigaoqiao Shipbuilding for COSCO Shipp

News Bulletins on December 26, 2017 1. On December 25, the 21,000-teu large-scale container ship H1416 undocked successfully. It is the worlds largest container ship built by Waigaoqiao Shipbuilding and designed by MARIC. 2. Kawasaki Heavy

Chinas coke market runs strongly amid brisk replenishment demand Chinas coke market ran strongly on the back of strong restock of steel mills. Many producers lifted coke price, which has been accepted by downstream steel mills. According to

News Bulletins on December 25, 2017 1. Wison Multifunctional LNG Distributor Granted AiP by DNV GL Wison Offshore Marine (Wison) announced that its innovative LNG Distributor (LNGD) design received Approval in Principle from DNV GL recently

The 50,500DWT Chemical/Product Oil Tanker Successfully Launched It was early at 6 a.m. on 27th September, the No. 3 ship started to launch from No. 1 platform production line. After all workers from related teams prepared, they prepared to

Wison Multifunctional LNG Distributor Granted AiP by DNV GL Wison Offshore Marine (Wison) today announced that its innovative LNG Distributor (LNGD) design received Approval in Principle from DNV GL. A dedicated presenting ceremony was held

News Bulletins on December 22, 2017 1. Wison Delivers Worlds First Barge-Based FSRU to Exmar. Wison Offshore Marine (Wison) has completed final delivery of the worlds first barge-based floating LNG storage and re-gasification unit (FSRU) to

Grand Opening of CSSC Wrtsil Electrical Automation (Shanghai) Co., Ltd. CSSC Wartsila Electrical Automation (Shanghai) Co. Ltd.(CWEA) is the joint venture company of Wrtsil and CSSC. The opening was announced on December 6th at the Marintec

Wison Delivers Worlds First Barge-Based FSRU to Exmar Shanghai, China (22nd December 2017) - Wison Offshore Marine (Wison) is pleased to announce that the company has completed final delivery of the worlds first barge-based floating LNG sto

WAIGAOQIAO Shipbuilding Continue to Build Carriers for Foremost Group On December 19, WAIGAOQIAO Shipbuilding formally signed a new contract for the construction of two 210 million ton Newcastlemax bulk carriers in New York City with the F

News Bulletins on December 21, 2017 1. On December 19, WAIGAOQIAO Shipbuilding formally signed a new contract for the construction of two 210 million ton Newcastlemax bulk carriers in New York City with the Foremost Group. 2. Mr. Huang Xiao