China National Offshore Oil Corp (CNOOC) has signed a production-sharing contract (PSC) with Roc Oil (Bohai) Co and Smart Oil Investment for an oilfield in the South China Sea, domestic news site stock.qq.com reported on Tuesday. According

Chinas iron ore futures market shocked in strong trend today. As a result, the spot price at port remained unchanged in the morning compared with that of yesterday and prices of partial specifications went up by RMB3-5/wmt. Quotes of Brazil

To improve the quality of Chinese domestic shipping and promote the environmentally friendly development of water transport within China, on 3 July 2018 the Chinese Ministry of Transport published new requirements for the emissions of nitro

With the industry hoping for better grades after the effort of recent years, this weeks Analysis updates our half year shipping report showing a ClarkSea Index up 9% y-o-y but still below trend since the financial crisis (see Graph of the W

The appetite for newbuilding orders across most shipping markets has started to wane after over US$10bn was spent in the first quarter of 2018, shipping analyst VesselsValue stated in a market report. The total committed to new deliveries i

Under the influence of fluctuated international market situation, the Chinas futures market of iron ore shocked in a narrow range. Traders quotations in the morning remained stable compared with that of previous day, while prices of partial

Malaysia and Singapore Conduct a Joint Exercise to Tackle a Chemical Spill at East Johor Strait This emergency response exercise is part of bilateral cooperation under Malaysia-Singapore Joint Committee on the Environment Today,the Maritime

CSSC Huangpu Wenchong Shipbuilding Company Limited won the bidding for the construction of a maritime patrol vessel for the Guangdong Maritime Safety Administration, the company wrote on its website on Friday. The ship will be Chinas first

HANGZHOU - Four people are still missing after their boat lost contact off the coast of East Chinas Zhejiang province Tuesday night, local authorities said Wednesday. Seven people have been rescued as of 6 pm. Police in Xiangshan county of

Venezuelan oil production crashed to a new 30-year low of 1.5 million barrels a day in June, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday. The South American nation earns 96 percent of its revenue through o

A wave of stricter port restrictions in south China has left steel producers searching for alternative ports to allow them to berth vessels carrying their imported metallurgical coal cargoes. A south China steel producer, which typically be

1.Hong Kong has been recognized as the second best port city in the world by the fifth annual Xinhua-Baltic International Shipping Centre Development Index Report. According to the Index, Singapore takes the top spot, while London fa

Iron ore futures market remains unchanged today and the spot price at port stays stable compared with that of yesterday. PB fines quoted at RMB460-465/wmt at Tangshan region and that for Tianjin was RMB495-500/wmt. In Shandong, PB fines and

Hong Kong has been recognized as the second best port city in the world by the fifth annual Xinhua-Baltic International Shipping Centre Development Index Report. According to the Index, Singapore takes the top spot, while London falls behin

HOUSTON - Tariff escalation among countries could have a negative impact on the global oil and gas industry and the world economy as a whole, a US energy expert said Monday. Anna Mikulska, a nonresident fellow in energy studies at the Baker