Chinas crude oil output reached 95.39 million tons in the first half of the year, up 0.8 percent over the same period last year, reversing the downward trend of the past three years, an official said Thursday. Natural gas output was 86.41 b

Coordinating Minister for Infrastructure and Minister for Transport, Mr Khaw Boon Wan, launched the MPA Maritime Bus at Canberra Secondary School, in conjunction with the Singapore Bicentennial today. Developed by key partners from the mari

1.Russian natural gas producer Novatek announced that the Arc7 ice-class LNG tanker Vladimir Rusanov completed the Northern Sea Route (NSR) passage via the Eastern direction, delivering a LNG cargo from the Yamal LNG project, at the port of

Charterers (maybe the shipper or consignee) sometimes requests the owners to deliver cargoagainst a lost, stolen, destroyed bill of lading. If the owners agree to do so,which largely mirrors delivering cargo without production of the origin

1.China has hinted at a tighter restriction on the use of open-loop scrubbers within the countrys emission control areas (ECAs) from January. 2.Ningbo Zhoushan port, Chinas busiest port, saw cargo throughput rise 5.5 percent year on year to

China issued its third batch of export quotas for refined oil products for 2019, totalling 6 million tonnes, three traders told Reuters on Wednesday. The new batch raises the total export quotas for refined oil products to 48.15 million ton

Shipowners and creditors are scrambling for additional credit lines to cover the anticipated rise in low sulfur fuel oil prices post IMO 2020, market participants said this week. About $4 billion/month of extra credit will be needed startin

During 16 22 Jul 19, one CAT 21 incident of piracy was reported to the ReCAAP ISC. The incident involved a Korea-registered bulk carrier C.K. Bluebell which was boarded by seven perpetrators who were armed with guns and knives on 22 Jul 19

One of the worlds largest containerships by carrying capacity at 21,413 teu, the OOCL Hong Kong, will be making her maiden call to the Port of Hong Kong on July 25th this Thursday. She will be breaking the record for being the largest conta

1.Zhuhai Port Shipping, the shipowning unit of Zhuhai Port, has signed a strategic agrerment with Zhuhai-based startup company Cloudrift to jointly work on the development of unmanned ships. 2.Yonghua Shipping, a shipping unit of Shanghai-b

Singapore has retained its crown as the biggest international shipping center in the world, according to the Xinhua-Baltic International Shipping Center Development Index published in Shanghai on July 11. Hong Kong came in second, followed

Smart devices have the potential to radically transform the utility and value of shipping container equipment assets, according to Drewrys latest Container Census Leasing Annual Review Forecast 2019/20 report. Smart containers have increase

Global oil consumption has stalled since the middle of 2018, making lower oil prices inevitable despite the best efforts of Saudi Arabia and its allies to reduce production. The worlds top 18 oil-consuming countries, each using more than 1

The Abu Dhabi National Oil Company (ADNOC) signed a strategic framework agreement with the China National Offshore Oil Corporation (CNOOC) that includes cooperation on LNG. The deal was confirmed by ADNOC through its social media channels,

There is no easy way to abandon ship, writes Dag Pike. The author is one of the most experienced navigators in the world and speaks from experience, having been shipwrecked twice in the Atlantic. Taking to the boats, getting away from a str