Chinas largest shale gas field Fuling had produced a total of 20 billion cubic meters of shale gas as of Saturday. The shale gas field was first discovered in 2012 and developed by Chinas leading oil refiner Sinopec in the southwest municip

Localization has become a key to Chinese firms success with more and more Chinese investors establishing companies in countries in Europe. Hamburg of Germany is an important transition port in Europe. Containers discharged from this port wi

Chinas iron ore futures closed higher on Monday. The most active contract for January 2019 delivery ended the day session up 1.01 percent at 498 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors si

Chinas iron ore futures market went weak today. Traders quotations remained unchanged in the morning and the bargaining room was widening affected by the futures market. In Shandong, PB fines, Carajas fines, Newman fines and Jimblebar fines

As an epitome of the achievements made by Chinas reform and opening up, the Ningbo-Zhoushan Port has developed into the worlds first international port which handles one billion tons of cargoes a year. The Ningbo-Zhoushan Port is the busies

1.Genting Hong Kong,cruise operator,informed that it will buy scrubbers as a measure to comply with the upcoming IMO 2020 sulphur cap.Specifically,the company will retrofit three of its ships with exhaust gas cleaning systems. 2.The America

Minor bulk operators, Asia Maritime Pacific and Fenwick Shipping Services have merged their operations. Asia Maritime Pacific is a Handysize and minibulker owner and operator, headquartered in Hong Kong, with a fleet of over 40 modern dry b

Swedish company Alfa Laval has won an order to supply Framo pumping systems to an FPSO (Floating Production, Storage and Offloading) vessel to be built in China. The provider of specialized products and engineering solutions based on its ke

The Global Maritime Issues Monitor 2018, a survey revealing the fears of the worlds maritime sector was unveiled at the Global Maritime Forum in Hong Kong on 3 October. In a survey that makes disturbing reading, the possibility of cyber att

Hundreds of wind-power engineers and workers have kept working at sea during the annual National Day holiday for the construction of Chinas farthest offshore wind farm in the Yellow Sea. He Qingdong, an engineer at Jiangsu Offshore Wind Pow

U.S. oil prices increased 0.01 percent Friday as U.S. job data remains strong. Unemployment of the United States in September fell to 3.7 percent, the lowest level since 1969, according to the latest official data. The number of actively op

Capesize It was a surprising start to the week, with rates moving in some key areas despite a week of Asian holidays, although some moves were attributed to draft issues and rising bunker values. On the West Australia/China run rates for Da

Hong Kongs chief executive, Carrie Lam injected a level of anticipation in an audience of global maritime leaders yesterday (3 October) ahead of her policy address next week. In a keynote address to the Global Maritime Forum (convened at th

Shell recently delivered its first ship-to-ship bunkering of cleaner burning LNG fuel from its specialised LNG bunker vessel, Cardissa, paving the way for many other operations from the vessel. This operation marked a number of other firsts

Oil Major Shell has announced upcoming availability its newly developed Very Low Sulphur Fuel Oil (VLSFO) ahead of the International Maritime Organization (IMO)s 0.50% global sulphur limit for marine fuels which comes into force in 2020. Sh