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CHIMBUSCO Shipping refuels COSCO’s “OOCL Sweden” with LSFO

Guangzhou (JLC), June 5, 2024--CHIMBUSCO Shipping Co., Ltd. supplied about 600 mt of bonded low-sulfur fuel oil (LSFO) to container ship “OOCL SWEDEN” at D?alian COSCO KHI Shipyard on May 25, providin

06-05-2024 19:02:41

China INE crude price retreats on resuming shipping in the Red Sea

Guangzhou (JLC), December 28, 2023--The price of crude futures on China's Shanghai International Energy Exchange (INE) retreated on Thursday as some shipping firms are returning to the Red Sea route.

12-28-2023 19:30:50

BP and COSCO Shipping establish strategic partnership

Guangzhou (JLC), December 13, 2023 – BP and COSCO Shipping have recently signed a Memorandum of Understanding (MoU) to establish a strategic partnership, BP said on December 6.

12-13-2023 16:10:41

CHIMBUSCO completes first biofuel bunkering for COSCO Shipping

Guangzhou (JLC), September 6, 2023 – CHIMBUSCO’s European subsidiary successfully pumped a batch of B20 biofuel certified by ISCCinto a container ship named “SAGITTARIUS”.

09-06-2023 18:03:42

COSCO Shipping Lines to introduce new fuel surcharge ahead of global sulfur cap

Beijing (JLC), October 12, 2018--COSCO Shipping Lines plans to impose new bunker surcharges on its customers to cover additional cost associated with the IMO 2020 sulfur cap.

10-12-2018 10:10:45

COSCO Shipping logistics project settles in Rizhao Port

On April 10, Rizhao Port COSCO Shipping Logistics project settled in Rizhao Economy Technology Development Zone.

04-17-2018 11:12:20

Shipping companies need to take active measures to response sulfur emission restriction

Environmental protection is a global trend, so the implementation of global Sulfur Removal Regulations will be inevitable in 2020. Only when traders take measures actively to response the changes instead of waiting for the delayed policy, can unnecessary loss be avoided.

03-29-2018 11:55:28

Fuel oil vessels' freight is going up for more shipping demand

In November, the prevailing freight of 3,000 dwt fuel oil vessel from Dalian to Zhoushan settled at CNY120-130/mt, CNY180-190/mt from Dalian to Huangpu, an increase of CNY30/mt under bullish sentiment, according to JLC.

12-11-2017 17:03:04

Shipping pollution control plan comes into effect in Hainan

Hainai province rolled out HainanMaritime Bureau Shipping Pollution Control Plan, which is to take effect from November 3rd to December 3rd, 2017.

11-23-2017 13:46:07

Shipping emission was still the key point in Tianjin’s “13th Five-Year Plan”

It was known from the Tianjin Environmental Protection Bureau that Tianjin introduced the “13th Five-Year Eco-environmental Protection Plan”

05-24-2017 15:28:36

Bunker oil market to be bullish along with the picking-up CSPI in China shipping industry

On April 10th, Shanghai International Shipping Institute (hereafter referred to as “SISI”) issued the Annual China Shipping Prosperity Report in 2017, stating that China shipping industry developed in a different way from previous years at the beginning of 2017

04-17-2017 13:53:27

China bunker oil kept flat development when bullish news returned to shipping industry

Recently, shipping market was full of bullish news. BDI raised to 1,200 points from the 668 points in the first half of February, up by 77% within one month. The increasing BDI boost traders’ confidence toward the recovery of shipping industry.

03-23-2017 10:24:55

Bunker oil market to be bullish along with the picking-up shipping industry

Recently, BDI was in strong upward trend and closed at 1045 points on March 8th, with the accumulative growth reaching 360 points or 52.55% since February 14th.

03-09-2017 17:04:10

Shipping construction grows vigorously in port cities

Entering 2017, many port cities in China have issued guidelines in succession in a bid to expand the investment and promote the construction of shipping center. Below is the ports’ information collected by JLC:

02-28-2017 17:12:35

Shipping market in Northeast China

In China, gas plants transport their products by expressway, sea, railway and pipelines from one place to another. In Northeast China, gas is mainly transported by expressway and sea. Only few plants transport gas through pipelines.

12-12-2016 14:59:08

BDI breaks 1,000 points but it's earlier for shipping to pick up

BDI broke through 1,000 points and rose to 1,084 points with rebound totaled 273.79%, which hit the yearly new high on November 15th, 2016 after BDI refreshing historic low level of 290 points in February, 2016.

11-24-2016 11:02:50

Shipping industry slumped in Q3, but has a active expectation in Q4

On October 8th, Shanghai International Shipping Institute published China Shipping Prosperity Report of Q3, 2016 (Report). It showed the operation situations of China shipping companies were serious as a whole.

10-14-2016 17:33:39

The opportunity and challenge of the shipping giant and small enterprises

China’s shipping enterprises were under depressed market condition with overcapacity, unbalanced demand and supply and heavy losses. How should China’s shipping companies overcome these problems?

07-07-2016 17:21:32

Age of limited sulfur of ships comes in shipping industry

In terms of atmospheric pollution, China has the strict control in vehicle exhaust and industrial emissions. However, the challenge of environmental quality remains in the coastal and river area especially in the port city.

05-24-2016 16:15:29

Shipping e-commerce platforms constantly emerging

“Internet Plus” has drawn wide attention throughout the country after it was mentioned for the first time. “Internet plus Shipping” started to snatch market share under this background, and many shipping B2B e-commerce platforms are constantly emerging and totaled nearly 50 at present.

03-10-2016 10:41:34

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