[Photo/Agencies] China accounted for a record 57 percent of the 2021 global revenue of London-based Anglo Australian metals and mining giant Rio Tinto Group Plc, the worlds biggest iron ore miner. Rio Tinto is anticipating more growth, inve

Dalian iron ore climbed to a seven-week high on Monday and the Singapore Exchange benchmark rebounded above $150 a tonne, as traders cheered Chinas move to boost its short-term fund injection to counter any possible market liquidity tightne

Nor-Shipping has partnered with business accelerator Katapult Ocean to launch the first Blue Economy Start-up Day on 7 April at Nor-Shipping 2022. The initiative will bring together start-ups focused on solving climate and business challeng

OnMarch 27, 2022, China MerchantsEnergy Shipping disclosed the companys 2021 annual performance. CMES achieved a net profit of 3.609 billion yuan attributable to shareholders of listed companies throughout the year, a new record high. From

AMAGGI Switzerland focuses on generating sustainable development for agribusiness in each stage of the agribusiness production chain. The company is the 31st Signatory to the Sea Cargo Charter, a global framework for aligning chartering act

The Liberian Registry has been awarded QUALSHIP 21 status for 2022-2023 by the United States Coast Guards (USCG). The prestigious QS21program recognizes vessels and flag States which have successfully met specified safety and quality requir

The Russia-Ukraine war is the kind of geopolitics-altering event that should shake up trade flows for years to come, promising big repercussions for shipping shares. A month into the conflict, American Shipper spoke with Randy Giveans, ship

Orient Overseas (International) Limited (OOIL) announced a profit attributable to equity holders of US$7,128.1 million for 2021, compared to a profit of US$902.7 million in 2020. Earnings per ordinary share in 2021 was US$11.08, whereas ear

Chinese utility Guangdong Energy will purchase up to 1.5 million tonnes per annum of LNG for 20 years from U.S. LNG project developer NextDecades Rio Grande LNG. NextDecade announced in a statement the execution of binding heads of agreemen

AET, a leading owner and operator of maritime transportation assets and specialised services, named its newest vessel this week, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose-built for long-term charte

EMSA has recently awarded six contracts for satellite communication (satcom) services to support the maritime surveillance operations of the Agencys remotely piloted aircraft systems. The contracts are intended to provide fast and effective

The general assembly approved today, March 25th, our yearend result for 2021, showing a revenue of 1,275 billion DKK and a profit before tax of 122,8 million DKK, which is considered satisfactory under the given market conditions. 2021 was

Heading East? While the sanctions list against Russia is growing longer as the days go by, the International Energy Agency (IEA) is warning that Russian exports of crude and products could fall by 2.5mbd amid a growing number of oil compani

China Oilfield Services Limited released its 2021 annual audited financial report today. In 2021, under the background of the slow recovery of the global economy, the Company analyzed and studied the situation of the industry, focused on th

CIMC Enricreleased its annual performance report for 2021. The report shows that in 2021, the total revenue ofCIMC Enricwas 18.42 billion yuan, an increase of 50% year-on-year, a record high. The net profit was 910 million yuan and the net