Wind farms and solar plants operated by State Grid Corporation of China generated a total 333.3 TWh of electricity in 2017, rising 39.8% from the preceding year, said the country's top grid operator.

News Bulletins on January 19, 2018 1. Chinas Yangzijiang Shipbuilding has set up a ship leasing and chartering company to position itself for consolidation opportunities based in Singapore. 2. Chinas oil demand is expected to increase 4.6 p

BHP second-quarter iron ore output up 3%, maintains forecast Global miner BHP on Thursday reported a 3% rise in second-quarter iron ore production year over year and said it expects to meet its full-year target as prices for the steelmaking

China Yangzijiang sets up ship leasing unit in Singapore Chinas Yangzijiang Shipbuilding has set up a ship leasing and chartering company to position itself for consolidation opportunities based in Singapore. The subsidiary Yangzijiang Taih

Hudong Zhonghua Delivered 13,000T Heavy Lift Vessel On January 18, Hudong Zhonghua Shipbuilding delivered the 13,000T heavy lift vessel Industrial Fame built for China Shipping (Hong Kong) Shipping Leasing. A total of six13,000T vessels wer

Crude oil tanker deliveries hit a new 6-year high in 2017 The seasonal recovering in crude oil tanker earnings failed to materialize in the fourth quarter of last year with rates peaking in late October and softening since. Earnings remain

Offshore vessel owner Seacor Marine Holdings has announced the formation of Seacosco Offshore, a joint venture with affiliates of China’s state-run Cosco Shipping Group.

Experts said that China's energy security will be improved via diversity after a Kazakhstan gas operator announced on Monday that the Central Asian country will boost its natural gas supply via pipelines to China to 10 billion cubic meters (

Imports are expected to make up more than 70 percent of China's crude oil supply in 2018 amid sound economic growth, said a research arm of State-owned energy giant China National Petroleum Corp.

News Bulletins on January 18, 2018 1. OOCL announced that the sixth and last in the latest series of 21,413 TEU containerships was christened at a ceremony held at the Samsung Heavy Industries (SHI) shipyard on Geoje island on Jan 17. 2. On

Chinese research vessel Xiang Yang Hong 03, carrying a team of scientists, arrived at Myanmar's Thilawa Port Wednesday morning to jointly conduct oceanographic research in Myanmar's waters.

OOCL Christens the Last in Latest Series of G-Class Containerships OOCL is proud to announce that the sixth and last in the latest series of 21,413 TEU containerships was christened at a ceremony held at the Samsung Heavy Industries (SHI) s

Evergreen Announced Its Fleet Expansion Plan Last week, Evergreen Marine announced its fleet expansion plan for ordering twenty 11,000 containerships, containing 8 new buildings and 12 vessels on charter. The decision was taken at a board m

News Bulletins on January 17, 2018 1. MVCOSCO Shipping Aries, delivered to COSCOS on Jan 16, is the first ever container ship to receive LRs Cyber-enabled ship (CES) descriptive note Cyber AL3 SECURE PERFORM for its energy management system

Jiangnan Shipyard Won Two VLGCs Order from Oriental Petroleum CSSC Jiangnan Shipyard has won the order for construction of two 84,000 cubic meter VLGCs for Oriental Petroleum. The contract signed on Jan 16 and it is the first cooperation be