As the world is in a long battle with the COVID-19 pandemic, the international oil market, being an area that is highly susceptible to geopolitics, emergencies, and fluctuation in the economy, is a key area that has been affected too. Inter

The challenges faced by seafarers during the COVID-19 pandemic and the need to keep on track with IMOs work to combat climate change were two key issues highlighted during a virtual meeting organized by IMO (23 April), to brief permanent re

A total of 71 vessels carrying 11.21 million mt of iron ore arrived at major Chinese ports during April 19-25, SMM estimates. This was down 820,000 mt from the prior week, and down 2.47 million mt from the same period last year. For the sam

As International Labour Day on May 1 approaches, it is more important than ever to remember the critical role played by seafarers in continuing to transport food, medicines and other essential goods during the COVID-19 pandemic, says INTERC

Singapores struggling oil giant, Hin Leong, is expected to get the cash it needs most, and Sinopec may be interested in acquiring its stake in Universal Terminal, a crude oil storage terminal. Universal Terminal is jointly owned by PetroChi

Recently, Guangzhou Shipyard International, a subsidiary of CSSC, has successively achieved 1 ship naming and delivery, 3 ships out of dock, and 2 ships in dock. A total of 6 ships and 6 major nodes have been completed. To turn on the Super

1.Singapores struggling oil giant, Hin Leong, is expected to get the cash it needs most, and Sinopec may be interested in acquiring its stake in Universal Terminal. 2.Chinas marine fuel market has in the recent days got a much-needed boost

With the current international efforts to contain the spread of COVID19, travel restrictions are in place globally. However, ASA has determined that it is not an obstacle to have Yuichi Sonoda picked up his role as ASA newly appointed Sec-G

Inmarsats Fleet Xpress users are now able to benefit from the launch of a free of charge COVID-19 video call with a trained health professional. The service has been developed with Inmarsats Certified Application Provider and crew health ma

Chinas marine fuel market has in the recent days got a much-needed boost due to a rise in valuations for the product in Singapore, as Ocean Bunkering Services, the bunkering arm of embattled oil trader Hin Leong Trading and one of the city-

A joint venture consisting of Chinese shipowner Cosco and energy giant CNPC is to order three liquefied natural gas carriers at Hudong Zhonghua Shipbuilding. The price for each of the 174,000 cubic meter LNG carriers is $185 million, accord

COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports or CSP or the Company, SEHK: 1199), the worlds leading ports operator, today announced first quarter results of the Company and its subsidiaries (the Group) for the three months ended 31 Ma

On the afternoon of April 23, Piraeus Port Authority S.A. (PPA S.A.) donated a total of 80,000 masks and 288 bottles of antiseptic to four municipalities surrounding the Port of Piraeus in Greece: Piraeus, Keratsini-Drapetsona, Salamis and

Chinas March crude oil imports from top supplier Saudi Arabia fell 1.6% from a year earlier, while purchases from No.2 supplier Russia rose 31%, Reuters calculations based on customs data showed on Sunday. Chinas March crude oil imports ros

Chinese iron ore futures recovered on Monday, gaining as much as 0.7% to 612 yuan ($86.50) a tonne in early trade, as port stocks of the steelmaking ingredient tumbled to their lowest in more than nine months. Port inventories of seaborne i