Jiangnan Shipyard (Group) Co Ltd, one of Chinas largest shipbuilders, will sign a new deal to construct five 15,000 TEU, or twenty-foot equivalent unit, dual-fuel container ships at the end of this month, its senior official said. The deal

China National Offshore Oil Corp, the nations largest producer of offshore oil and gas, will focus on the Guangdong-Hong Kong-Macao Greater Bay Area for future oil and gas exploration, as it aims to step up the development and construction

Brazilian soya bean exports are up 85.2% in the first two months of 2019, compared to the same period in 2018. This comes on the back of record high exports in 2018 of 83.6 million tonnes, a 22.7% increase from 2017. 2019 has seen the highe

Following the extraordinary success last November of Hong Kong Maritime Week, organisers, the Hong Kong Maritime and Port Board, led by the Secretary for Transport and Housing, arrived in Copenhagen on 11 March. In the first promotional tri

Chinas iron ore futures ended higher on Tuesday. The most active contract for May 2019 delivery finished the day session up 1.91 percent to 612.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors s

BP said it was set to launch a new very low sulfur fuel oil with maximum 0.5% sulfur content following sea trials of product produced and supplied in Northwest Europe and Singapore. It did not give further details of the products specificat

Chinas icebreaker Xuelong returned to Shanghai Tuesday morning after completing its 35th Antarctic scientific research. Xuelong, with 349 crew members on board, set sail from Shanghai on November 2. Over 131 days, it traveled more than 30,8

Royal Dutch Shell has struck a deal with Dutch tank terminal firm HES International to partially restart a German oil refinery mothballed since 2011 in response to new restrictions on marine fuels, two trading sources told Reuters. A new ca

On Shells advice, Hainan Strait Shipping had switched its trunk piston engine oils to a combination of Shell Argina S3 40 and Shell Gadinia S3 40 for six ships operating in the South China Sea. With this change, Hainan Strait Shipping was a

1.On the morning of 12 March, the launching ceremony of the Expedition Cruise Vessel No.1 Steel Cutting Ceremony of the Expedition Cruise Vessel No.3 of China Merchants Industry Holdings CO.,LTD was successfully held in Haimen, Jiangsu prov

A strategic cooperation agreement has been signed on 4th March between CIMC Group and Aker Group, Norways largest industrial investment company. CIMC Raffles Offshore Ltd. (hereinafter referred to as CIMC Raffles) and Aker Group signed a co

CNOOC, Chinas biggest operator of liquefied natural gas (LNG) import terminals, is talking to independent companies about access to its facilities after short trial leases last year, three sources with knowledge of the discussions said. The

Chinas Ministry of Transport has said in a port report that dry bulk and container shipping along the nations coast are seeing too much capacity leading to falling rates. The report, however, points out that Chinas domestic coastal shipping

Chinas state-run feeder boxship operator Hunan Ocean Container Lines has placed an order at Hunan Jinhang Shipbuilding for the construction of two 635 TEU box ships. The two vessels will be equipped with LNG/diesel dual fuel engine and will

Chinese travellers forgoing the open road in favour of trains while making the switch to electric cars means the top driver of the worlds oil demand may soon step on the brakes, according to Morgan Stanley. Oil consumption in China will pea