China has taken steps to increase oil and gas production to keep dependence on foreign energy supply at a rational level, said Zhang Jianhua, head of the National Energy Administration, on Friday. For energy security, China has strengthened

MUMBAI, 19 September 2019 Leading classification society, the Indian Register of Shipping (IRClass), held two very successful events during London International Shipping Week (LISW). On the first day, a Roundtable panel made up of some of t

On September, 18, 2019 local time,CMSK held Cooperation Agreement Signing Ceremony with KISC in Shekou. Yunnan Province Party-Secretary Chen Hao and Governor Ruan Chengfa, Guang Dong Province Governor Ma Xingrui, Shenzhen Municipality Party

1.Recently, Jiangsu Port Group plans to form a new Jiangsu Ocean Shipping Company,to speed up the integration of shipping assets, deepen the reform of shipping management system. 2.Shandong Shipping Corporation,Shandong Marine Energy,and DN

Colorado-based global specialty chemicals company Innospec on Tuesday (3 September) launched a new series of additives specifically developed for new blends of 0.5% sulphur limit IMO 2020 bunker fuels at the 9th Biennial Bunkering in Asia c

Global spare production capacity is not enough to compensate for the decline in Saudi Arabias oil production after the recent attacks on two of the countrys oil facilities and the consequent inventory drawdown will therefore underpin oil pr

RFIB Group Limited, the international insurance and reinsurance broker, has said that its Hong Kong subsidiary has been admitted as a member of the Hong Kong Confederation of Insurance Brokers and is approved to transact general insurance b

The Baltic Exchanges main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell for the 11th consecutive session on September 19, marking its biggest percentage fall in nearly two months, on waning capesize demand.

Spread between high-low sulphur fuel oil has widened sharply in recent weeks as preparations ahead of the January 1 deadline gathered pace. The price differential between 0.5% and 3.5% sulphur fuel oil for Jan-20 contracts in Singapore surg

COSCO SHIPPING Ports has sold multiple port assets to Shanghai International Port Group (SIPG). DISPOSAL OF INTEREST IN VARIOUS PORT ASSETS On 18 September 2019, the Company (as seller) entered into the Longtan Share Purchase Agreement, Yua

1.COSCO SHIPPING Ports sell multiple port assets and may sell Taicang Terminal and Jiangsu Petrochemical Terminal 2.Ms Quah Ley Hoon, Chief Executive of MPA, signed a MoU with Mr Noriel Araz, Minister of Maritime Affairs and AMP to strength

The vessel Tian Xi run by COSCO Shipping Specialized Carriers Co Ltd and loaded with close to 30,000 metric tons of paper pulp from Helsinki, capital of Finland, arrived in Qingdao, East Chinas Shandong province, on Tuesday. The arrival sig

Pacific Basin, Hong Kongs most successful minor bulk player is to acquire four dry bulk vessels including two Supramax and two Handymax for a total of US$73.84m. The company said that the bill for the vessels will be split between cash and

Dr Lam Pin Min, Senior Minister of State for Transport and Senior Minister of State for Health of the Republic of Singapore led the first high-level delegation from Singapore to Panama under the new government of Panama. Dr Lam met with sev

Shandong Shipping Corp signed tanker charter contracts on Tuesday with Royal Dutch Shell Plc and Bunge to provide shipping and logistic services for the European companys oil and chemical products around the world. The deal was reached in J