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China's first 325,000-dwt methanol dual-fuel bulk carrier was completed and named Yuanhai Silk Road on Sept. 1 in Yangzhou, Jiangsu. The 339.9m by 62m vessel was jointly designed by COSCO Shipping Heavy Industry and Shanghai Ship Design Research Inst

2026-09-01

China's first 325,000-dwt methanol dual-fuel bulk carrier was completed and named Yuanhai Silk Road on Sept. 1 in Yangzhou, Jiangsu. The 339.9m by 62m vessel was jointly designed by COSCO Shipping Heavy Industry and Shanghai Ship Design Research Institute and is fitted with the world's first shipboard digital delivery system. Builders report multiple technical breakthroughs in methanol fuel applications and cargo hold capacity more than 40% higher than conventional same-scale ore carriers.

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2026-09-01

Total turnover on the Shanghai-Shenzhen markets on Aug 31 was 2.13 trillion yuan, rebounding from the four-plus-month low hit on Aug 26 but remaining below the 20-day moving average for the eighth straight day (20-day MA: 2.25 trillion yuan). The 20-

Total turnover on the Shanghai-Shenzhen markets on Aug 31 was 2.13 trillion yuan, rebounding from the four-plus-month low hit on Aug 26 but remaining below the 20-day moving average for the eighth straight day (20-day MA: 2.25 trillion yuan). The 20-day MA has been a reference level through August; turnover below it typically signals cooling market activity, while above it denotes rising activity.
2026-09-01

Ukrainian drone unit commander said Ukraine struck 54 vessels of Russia's "shadow fleet" in August.

Ukrainian drone unit commander said Ukraine struck 54 vessels of Russia's "shadow fleet" in August.
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