Oil prices settled mixed on Monday, following massive gains in the prior month. The West Texas Intermediate (WTI) for July delivery lost 5 cents to settle at 35.44 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude

The Ministry of Transport held a regular press conference in May to release information on the guidelines of NPC and the plan for the next step. External defense input, internal defense rebound is the focus of current epidemic prevention an

On May 29, China State Shipbuilding Corporation, Peoples Government of Guangdong Province and CNOOC signed the cooperation framework agreement on the power transformation project of inland waterway LNG ship in Guangdong Province. According

1.Sinopec has signed an investment contract with the government of Zhoushan city in China to build a 20 billion yuan LNG terminal. 2.Zhejiang Seaport Shipping had entered into shipbuilding contracts with Yangzijiang Shipbuilding for the con

The volume of crude stored on ships in Asia has come off the peaks seen earlier this month on a recovery in demand in China and India, trade sources and analysts said. A total of 3.4 million tonnes (24.8 million barrels) of crude oil was di

Chinas index of export container transport edged up in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 839.27, up 0.3 percent from a week earlier, according to the ex

Following a high-level meeting this week between the Hong Kong Shipowners Association, the Hong Kong Liner Shipping Association and senior officials of the Transport and Housing Bureau, expectations have been raised that the territory could

China should build more hospital ships so it can better respond to major medical emergencies, according to a national political adviser from the shipbuilding industry. Dong Qiang, a member of the 13th National Committee of the Chinese Peopl

The Hong Kong registered 4250-teu Cosco Sao Paulo was escorted into Table Bay, Cape Town early this week following a report of fire in one of the holds off Cape Agulhas on Monday. Initially anchored off Cape Towns Atlantic seaboard amid rou

1.Chinas low-sulphur marine fuel exports rose by a third in April compared with March to the highest level yet after it waived export taxes. 2.Gibraltar-based bunker company Peninsula Petroleum has placed an order at Chinas Dayang Offshore

Reports of seafarers being denied medical evacuation or access to ports despite serious medical conditions. New guidance issued by ICS for shipowners and operators to deal with unwell seafarers UN bodies to deliver guidance to member states

Chinas top economic planner said Thursday that it would keep domestic gasoline and diesel prices unchanged as the international crude prices are still lower than the floor rates. As of Wednesday, the average international crude price was lo

The Panama Maritime Authority (AMP), administrator of the Panama Ship Registry, has been rendering much-needed assistance to the 318,000 seafarers that sail under the flag throughout the global crisis brought on by the COVID-19 pandemic. Im

Chinas low-sulphur marine fuel exports rose by a third in April compared with March to the highest level yet after it waived export taxes for domestic refiners to meet shipping demand, Chinese customs data showed. Chinese refiners began exp

The number of COVID-19 cases linked to live export ship, Al Kuwait, doubled to 12 on Thursday, as Australian authorities scrambled to establish why the ship was allowed to dock. Earlier this week, six crew members aboard Al Kuwait, which ar