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China Bans EGCS Wash Water Discharge in Coastal Waters

Scrubber

China has banned the discharge of wash water from open-loop exhaust gas cleaning systems in coastal waters.

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China Overtook the US as Largest Crude Oil Importer in 2017

China surpassed the US in annual gross crude oil imports in 2017, according to EIA.

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China Announces Tariff Cuts

Chinese flag

China plans to reduce tariffs on imports of more than 700 commodities as of January 1, 2019.

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Good News for Bulkers as China Buys US Soyabeans Again?

Bulker

It remains to be seen whether continuation of the U.S. soybean sale to China would help raise Panamax & Supramax rates.

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FSL Looking to Order LR2 Tanker Duo in China

Tanker

FSL Trust signed a Letter of Intent for the construction of two scrubber-fitted LR2 tankers.

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Evergreen Marine Orders Feeder Quartet in China

Evergreen vessel

Evergreen Marine placed an order for the construction of four feeder vessels at a Chinese yard.

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Singapore, China Agree to Promote Maritime Arbitration

SCMA

SCMA, CMAC signed a cooperation deal to promote maritime arbitration as a means for the effective resolution of ...

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ABB Signs Marine Automation Deal in China

Viking Line cruise ferry

ABB has won its first marine automation system contract for a cruise ferry in China.

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Novatek Ships 1st LNG to CNOOC

Yamal LNG

Russian gas producer PAO Novatek expands its customer base in China.

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Myanmar, China Ink Framework Deal on Kyauk Pyu Port

Myanmar, China Ink Framework Deal on Kyauk Pyu Port

The scaled-down framework agreement includes the construction of two berths.

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South Korea Largest Long-Distance Importer of US Crude Oil

Tanker

US crude oil exports to China drop to zero for the second month in a row.

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CMA CGM Introduces Low Sulphur Surcharge in China

cma cgm

CMA CGM is implementing low sulphur surcharge from/to the ports of Shanghai and Ningbo in China.

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Eleven Missing after Cargo Ship Sinks off China

China

Eleven seafarers are missing after a cargo ship sunk off China's Liaoning Province.

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Qatar Petroleum Pens 5-Year LPG Supply Deal with China

LPG Ship

Qatar Petroleum to directly supply China with 600,000 metric tons of LPG per year for a period of five years.

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Investor Confidence in China Hurt by Trade War

trade war

IMF: Investor confidence in China has declined due to the ongoing trade tensions between the US and China.

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BIMCO: Iran No. 1 Buyer of US Soya Beans

Bulker

Iran has emerged as the biggest buyer of U.S. soya beans in the aftermath of trade tensions between China and the U.S.

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US Crude Oil Exports to China Dropped to Zero in August

Peter Sand

US seaborne exports of crude oil to China dropped to zero in August.

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Report: U.S. Crude Shipments to China Grind to a Halt

tanker

The ongoing trade tensions have resulted in the complete freeze of U.S crude oil shipments to China.

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UNCTAD: Trade Wars a Symptom of a Deeper Malaise

Donald Trump

UNCTAD believes recent rounds of tariff hikes will disrupt a trading system drawn increasingly around value chains.

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EU, China and Russia to Keep Trade Relations with Iran

Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy

A a Special Purpose Vehicle to be established to facilitate payments related to Iran's exports and imports.

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China Moves Forward with Tariffs on USD 60 Bn of US Goods

China

China is responding to US' latest tariffs with levies on USD 60 billion of imported US products.

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