On the afternoon of May 14, COSCO SHIPPING concluded a strategic cooperation framework agreement with Shanghai Futures Exchange in Shanghai. The two sides pledged to carry out practical cooperation in various fields based on the principles

On 18 May 2020,global coatings manufacturer Hempel began construction of a new factory in Yantai Chemical Industrial Park, China. The new factory will help meet increasing demand for more sustainable and innovative coating solutions in the

Despite recent low bunker prices a significant proportion of marine fuel buyers still do not have any risk management strategies in place to mitigate anticipated price rises. Two thirds of LQM Petroleum Services clients polled in a webinar

1.Documents from MPA of Singapore show the key Southeast Asian shipping hub is easing its crew change stance. 2.Royal Dutch Shell Plc said it would further cooperate with CNOOC to better serve the growing number of intermediate and performa

On May 18, Dalian Shipbuilding Industry, China Shipbuilding Trading and China Merchants Energy Shipping signed a construction contract for two 307,000 DWT VLCCs in Beijing, Hong Kong and Dalian in the form of cloud contract. At present, the

On May 16, a total of 93 crew members from six sailing vessels of different nationalities completed their shifts at Rizhao Port, among whom 47 entered the country. Due to the global outbreak of COVID-19 epidemic, the crew changes of interna

Royal Dutch Shell Plc said it would further cooperate with China National Offshore Oil Corp to better serve the growing number of intermediate and performance chemicals customers in the key market of China. CNOOC Oil Petrochemicals Co. Ltd

Dalian iron ore futures jumped as much as 7.5% on May 18 as port inventory of the steelmaking raw material in China, the worlds top steel producer, dropped to the lowest in more than three years, adding to concerns over supply. The most-tra

State-owned China Oil and Gas Pipeline Network (PipeChina) has started building a liquefied natural gas import terminal in Chinas Shandong province. The LNG facility located in coastal city Longkou is the first infrastructure project of Pip

China will impose anti-dumping and anti-subsidy duties on barley imports from Australia totalling 80.5% starting May 19, the commerce ministry said on Monday. The move, the result of a probe that began in 2018, had been widely expected afte

Recorded container throughput in April at the Port of Hong Kong fell by 7.3% compared with a year ago, the largest monthly fall since January 2020, as demand fell as a direct result of the coronavirus pandemic. Total box volumes in April we

With new cases of the novel coronavirus falling, many Western countries are rolling back lockdown measures for the sake of economic normality, although the details and exact timing vary across countries or regions. Can a swift and healthy r

A super offshore oil factory has been delivered in Qingdao,China. The floating production,storage,and offloading (FPSO) vessel was produced by Offshore Oil Engineering Co.,Ltd. Its 256 meters long and 49 meters wide.Its deck area is equival

The Republic of the Marshall Islands (RMI) has been recognized as a top performing major flag State in the Tokyo Memorandum of Understandings (MoUs) Annual Report on Port State Control in the Asia-Pacific Region (the Report). Covering port

Stowaways are an age-old problem for shipping, but the threats they pose and the potential consequences and costs of stowaways getting on board have increased greatly in recent years. This popular, practical guide in The Nautical Institutes