Chinas iron ore futures finished lower on Tuesday. The most active contract for January 2019 delivery ended the day session down 1.73 percent at 511 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investor

China National Offshore Oil Corporation said on Tuesday that the company will supply 24.6 billion cubic meters of natural gas during the heating season that kicks off this week, up 20 percent year-on-year, to meet rising demand in the count

Russias largest independent natural gas producer Novatek said its unit, Novatek Gas and Power Asia, shipped a cargo of LNG produced from the Yamal LNG project to China National Offshore Oil Corporation (CNOOC). The LNG cargo was delivered t

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, has announced Trans-Atlantic cancellations over the Christmas and New Year period. OOCL said in a statement that the cancellations have been made in response to the expecte

China and Myanmar are moving ahead with a China-backed deep-sea port project in Kyauk Phyu Special Economic Zone (SEZ) , 250 miles northwest of Yangon. The framework agreement was signed by Myanmars Deputy Minister of Planning and Finance a

The Global Marine Fuel Sulphur Clause for Time Charter Parties was approved by the Documentary Committee at its meeting in Copenhagen on 13 November. It is very important that the new sulphur clauses are ready well in advance to allow the p

Danish shipping company TORM has established a joint venture with scrubber manufacturer ME Production and Guangzhou Shipyard International (GSI). The joint venture, ME Production China, will manufacture and install scrubbers in China and de

Development and construction of Chinas first deep-water exploration well in the South China Sea, the Lingshui 17-2 gas field, kicked off on Monday in an effort to ensure the countrys energy security and gas field construction in the region,

The Mahu field in Northwest Chinas Xinjiang autonomous region, one of China National Petroleum Corporations largest finds in recent years, witnesses daily oil production of more than 405.6 cubic meters and daily gas production of 36,000 cub

1.The Hong Kong Legislative Council has recently approved the Air Pollution Control (Fuel for Vessels) Regulation,extending the 0.5% sulphur limit standard from ships berthed at port to ships generally operating in Hong Kong waters. From 1s

Taiwanese container carrier Wan Hai Lines confirmed an order of 20 container vessels with Japan Marine United Corporation (JMU) and Guangzhou Wenchong Shipyard (GWS) and China Shipbuilding Trading Company (CSTC). During the contract signing

The Maritime and Port Authority of Singapore informed that the Port Master prohibits all vessels from transiting, anchoring or remaining within specific areas in the Eastern Anchorage (AEW) and Eastern Holding C Anchorage (AEHC). The prohib

China has received its first cargo of liquefied natural gas (LNG) from the United States since it imposed in mid-September a 10-percent tariff on U.S. LNG imports in the heated tit-for-tat trade tariffs this summer, Reuters reported, citing

The industry is anxious about ships potentially being penalised if, despite their best efforts, ships are unable to be fully compliant with the 0.50% sulphur limit. Naturally, the industry wants reassurance that port State control (PSC) aut

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that its 3rd quarter net loss after tax for Q3 was USD 30 million, a reduction of 76.16% compared to last quarter, and USD 220 million for the nine-month period. H