China replaced South Korea as the worlds second-largest LNG importer in 2017, and again surprised the market in 2018 with a counter-seasonal conundrum of summer shortage and winter oversupply. But as the energy-consuming giant of Asia conti

1.The second session of Chinas 13th National Peoples Congress was opened in Beijing on 5 March and Premier Li Keqiang delivered the government work report and stated national plans for several industries in the meeting,including development

On the afternoon of March 5, a delegation headed by Mr. Chen Hongxian, Director of Guangzhou Port Authority, visited COSCO SHIPPING and held talks with Mr. Sun Jiakang, Executive Vice President of COSCO SHIPPING. The two sides exchanged vie

The Philippine National Oil Company has joined its compatriot Phoenix Petroleum and Chinese CNOOC Gas and Power Corp. on the $2 billion LNG import facility. The state-run PNOC signed a memorandum of understanding with the two partners for t

The international marine fleet underpins the system of world trade and consumes around one in every 20 barrels of oil. Shipping industry emissions are significant, with the worlds merchant fleet emitting more CO2 each year than Germany. Fro

Namibias new container terminal at the coastal town of Walvis Bay which was constructed by a Chinese company will be commissioned on August 1 this year, Acting Chief Executive Officer of Walvis Bay Corridor Group Clive Smith told reporters

Ningbo Zhoushan port in eastern Chinas Zhejiang Province saw roll-on/roll-off (ro-ro) car exports through the port reach 10,000 on Tuesday, according to the port. Most of the exports were done since the beginning of this year. A ship carrin

Steel and iron ore futures in China edged higher in a muted session on March 6 as investors awaited catalysts, including progress in the Sino-US trade talks. US President Trump will reject a trade deal with China that is not perfect, but th

In a recent development, Sinopec Corps subsidiary refinery has announced that they have delivered their first shipment of low sulfur bunker fuel that meets IMO standards in the southern island province of Hainan, reports Reuters. How was it

Chinas thriving Ningbo-Zhoushan port is expanding its Chuanshan port area to raise its container handling capacity by 600,000 TEU by building new berths. Chuanshan port mostly services container and bulk cargo, as well as liquefied natural

LNG exporter Cheniere Energy is in talks with state-run Sinopec for a new long-term LNG supply agreement and the parties are waiting for further instructions from the government authorities, a Beijing-based Cheniere executive, who declined

1.As data from the National Bureau of Statistics highlight, the overall freight volume transferred to China experienced an increase of 7.1% year-on-year to 51.5 million tonnes in 2018. 2.New York-listed global insurer Chubb has received app

Global warming has increased the potential for commercial shipping as the Arctic ice progressively melts. Canada maintains that the Passage is part of its internal waters and that no right of innocent passage exists within it, whereas the U

Seabury Maritime LLC, the global maritime and transportation investment merchant banking and industry advisory firm, a division of Seabury Capital Group LLC, released a whitepaper, produced in cooperation with Gemini Shippers Group, providi

Chinas iron ore futures finished lower on Tuesday. The most active contract for May 2019 delivery finished the day session down 1.27 percent to 623 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors