On April 20, Dalian shipbuilding Industry signed a contract for the delivery of a 325,000-ton ore carrier IRON MOUNTAIN with scrubber, the worlds leading offshore giant, which was built for SK Shipping of South Korea. IRON MOUNTAIN is the f

On April 17, CSSC released its annual report for 2019, with operating revenue of 23.136 billion yuan, up 36.82% year on year. The net profit attributable to shareholders of the listed company was 405 million yuan, down 17.26% year on year;

US oil prices crashed to the negative territory for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears. The West Texas Intermediate (WTI) for May delivery shed 55.9 U.S. dollars, or over 305 pe

As the world faces unprecedented destruction in oil demand brought about by the coronavirus pandemic, China has in recent weeks emerged to be the only respite for crude sellers seeking to offload their cargoes, market sources told SP Global

The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday. This is the first shipment since March 2019 after a long-standing trade war in which

Iron ore futures in China touched their highest in more than eight months on Monday after miner Vale SA cut its production outlook because of the coronavirus outbreak. The Brazilian company said it had reduced its forecast for annual output

Passengers on a luxury liners around-the-world cruise, begun before the globe was gripped by the novel coronavirus pandemic, are finally approaching the end of their odyssey after 15 weeks at sea. Their ship, the Costa Deliziosa, heads to p

US WTI Crude Oil Collapses to Negative -$37.63 Per Barrel -The May contract for the first time in history Trader: Sorry Sir, I am not sure whether you are selling or buying? Oil Company: I am selling. Trader: Are you sure? But you pay me? O

The Maritime and Port Authority of Singapore (MPA) has awarded two new bunker supplier licences to Minerva Bunkering and TFG Marine, following its call for applications for new licences in December 2019. Bunkering services in the Port of Si

UK-based energy giant BP has signed a liquefied natural gas supply deal with Chinese city gas supplier Foran Energy. Foran and BPs Chinese unit signed the deal via a video conference on April 17. Under the agreement, BP will be supplying up

1.As of April 15th, 3,500 crew members have shifted and boarded ships at the relevant ports in China. 2.Chinas comprehensive import price index for liquefied natural gas (LNG) went up last week, according to Shanghai Petroleum and Natural G

As of April 15th, 3,500 crew members have shifted and boarded ships at the relevant ports in the sea. It is expected that by the end of May, there will be about 10,000 crew members who need to be shifted and disembarked the ship. Ministry o

On the morning of April 17, the unveiling ceremony of China Merchants Jinling Shipyard (Nanjing) and China Merchants Jinling Shipyard (Jiangsu) was held in Yizheng. Wang Bingsong, member of the Standing Committee of Yangzhou Municipal Party

Running out of luck with creditors and facing mounting distress, Singapore giant oil trader Hin Leong Trading (HLT) and its sister company Ocean Tankers sought indulgence from 23 lenders on Friday (April 17) as it applied for court protecti

Chinas comprehensive import price index for liquefied natural gas (LNG) went up last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index, not including tax, came in at 3,051 yuan ($431.5) per tonne in the w