Taians 600,000-ton liquefied natural gas (LNG) equipment localization project, the largest domestic LNG project in China, began operating in Daiyue district on April 20. The LNG project, which is being carried out by China National Petroleu

China must be prepared to deal with future shocks The United States is the worlds largest crude oil consumer thanks to its highly developed aviation industry, huge number of private cars and wide range of energy-consuming industries. Yet th

Chengxi Shipyard was offered another olive branch by Kumiai Senpaku who placed newbuilding orders of one Asphalt Tanker plus one 50,000 MR Tanker. As a visionary shipbuilder, Chengxi is committed to providing diversified vessel types for ow

Chinas major ports last week reported a 2.1 percent year-on-year rise in crude oil imports as international crude prices tumbled, with ports like Yantai in East Chinas Shandong Province and North Chinas Tianjin port posting growth rates hig

Iron ore futures in China recovered all losses from the previous session to close higher on Wednesday, fuelled by hopes that demand from steelmakers will increase in the coming months. The most-traded iron ore futures on the Dalian Commodit

East Chinas Shandong province reported a 12-percent year-on-year growth in trade with Belt and Road (BR) countries in the first quarter, despite a slight drop in its overall foreign trade due to the coronavirus epidemic, local authorities s

On the afternoon of April 22, China State Shipbuilding Corporation and Qatar Petroleum formally signed a Qatar Petroleum-CSSC LNG Ship Construction Project with a total amount of more than 20 billion yuan. This also signifies that Hudong Zh

On April 20, the ship SEACOR ANDES, a platform supply vessel (PSV) project built by COSCO SHIPPING Heavy Industry (Zhoushan) for SEACOR, an operator of offshore ships, was successfully delivered. Ching Kok Yen Andy, representative of the sh

1.IMO Secretary-General Kitack Lim published personal message to seafarers. 2.Facing the outbreak of COVID-19, terminals under COSCO SHIPPING Ports (CSP) published their hard-won business results for the first quarter of 2020. 3.Chinas Hudo

Facing the outbreak of COVID-19, terminals under COSCO SHIPPING Ports (CSP) published their hard-won business results for the first quarter of 2020. In the fight against the epidemic, the Xiamen Ocean Gate Terminal accelerated its smart por

Chinas Hudong Zhonghua shipyard in Shanghai is expected to launch a new ship on Wednesday. Some military observers believe it could be Chinas second Type 075 amphibious assault ship. A new ship built by the Hudong Zhonghua company will undo

During the COVID-19 pandemic, crew change has become one of the greatest challenges to ship operators. It is widely recognized in the maritime industry that the regular change of seafarers is essential to keep the global trade, transport mo

The International Air Transport Association (IATA) and the International Chamber of Shipping (ICS) are jointly calling on governments to take urgent measures to facilitate crew change flights for seafarers. Due to the COVID-19 restrictions,

Chinas overall output of six major oil products LPG, naphtha, gasoline, jet/kerosene, gasoil and fuel oil fell by an average of 12.5% year on year at 33.85 million mt in March, the lowest monthly output since October 2014, and heavier than

Chinese iron ore futures slumped on Tuesday, retreating from a more than 8-1/2-month closing high hit in the previous session, on concerns about surplus supply of the steelmaking raw material as the coronavirus hit demand outside China. Ste