Chinas comprehensive import price index for liquefied natural gas (LNG) fell last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index, not including tax, came in at 2,504 yuan (about $353) per tonne in the

Chinas crude oil imports rebounded in April from a month earlier on daily basis as refiners ramped up output amid a recovery in fuel demand with the impact of the coronavirus outbreak easing while crude prices crashed on slumping consumptio

China will further stabilize foreign trade while fully evaluating the uncertainties related to the COVID-19 outbreak, as the trade volume between January and April dropped 4.9 percent on a yearly basis, officials said. Gao Feng, a spokesman

US oil prices continued to rise Tuesday, buoyed by an anticipated increase in demand as the economy slowly restarts following the government-imposed lockdown to curb the spread of the novel coronavirus. Goldman Sachs said global demand for

The International Maritime Organization (IMO) has sent a recommended framework of protocols for ensuring safe ship crew changes and travel during the COVID-19 pandemic to all IMO member-states, the UN and other stakeholders. The document de

Yangzijiang Shipbuildings first-quarter profit fell but still exceeded 400 million yuan, and completed 25 percent of its full-year delivery target, as the novel coronavirus outbreak delayed the resumption of production. On April 29, Yangzij

On April 30, Shandong Shipping signed the investment and construction contract of a 178,000 cubic foot ultra-low temperature refrigerated transportation ship with Kyokuyo Shipyard and ITOCHU Corporation in the form of video contract, offici

1.South Korea ranked second to China in terms of shipbuilding orders for the second straight month, industry data showed Wednesday. 2.Chinese company Submarinergy has announced that it is ready to deliver the first batch of 5000 ton crude f

Over the past couple of weeks Iridium has received some questions regarding their efforts to help alleviate the emotional strain of the COVID-19 epidemic on there users, particularly in the hard-hit maritime industry, where many crews have

South Korea ranked second to China in terms of shipbuilding orders for the second straight month, industry data showed Wednesday. Daewoo Shipbuilding Marine Engineering Co. and others won orders totaling 230,000 compensated gross tons (CGTs

Chinas independent refineries will receive the countrys first US crude oil cargo since December 2019 in mid-May in line with its trade pact to buy an additional $18.5 billion of energy goods from the US on top of 2017 volumes, market source

UK-based PI Club, North, is to offer Hull and Machinery cover for ocean-going vessels following the success of its Sunderland Marine cover for fishing vessels and other small craft. In support of the new product the Club has picked up under

In facing the complex and ever-changing international trading environment and the significantly fluctuating shipping market in 2019, the CMES has responded actively and made precise decisions with good use of the quality, scale and global o

OPEC turned up the taps in April, adding more glut to a reeling oil market, and now needs to greatly throttle back its crude production to comply with a global deal aimed at bolstering prices against the coronavirus crisis. OPECs battle for

Social inventories of steel products in China continued to fall in late April, after reaching a peak in early March, according to a survey by China Iron and Steel Association (CISA). Data published by the industry body on Tuesday showed tha