Zheshang Development announced on the evening of October 25 that the company intends to purchase 100% of the equity of Zhejiang Shipping Group held by Zhejiang Communications Group by issuing shares. Upon completion of the transaction, Zhej

1.Zhonghua Gas Holdings has signed a memorandum of understanding with Shanghai Jiulian Group, a Shenergy unit, on cooperation in the area of liquefied natural gas. 2.Shanghai-based Lingang Group inked strategic cooperation agreement with Ma

Zhonghua Gas Holdings has signed a memorandum of understanding with Shanghai Jiulian Group, a Shenergy unit, on cooperation in the area of liquefied natural gas. Zhonghua Gas and Shenergy Jiulian cooperate to form a 60/40 joint venture to e

Chinas crude imports from Malaysia surged to a record high of 500,000 b/d in September, hinting at a rise in ship-to-ship (STS) transfers of sanctioned crude off the country. Malaysian imports rose fivefold from a year earlier and were 50pc

In light of a spike in fraudulent vessel registrations, the International Maritime Organization (IMO) is seeking to combat rogue national flag registries operating without the knowledge of governments they claim to represent. For instance,

On 24th October, 2019, Dr. Bai Jingtao, the CEO of China Merchants Port Group Company Limited (CMPort) met with Onyx Lorenzoni, Brazilian Minister Chief of Staff of the Presidency, and his entourage, in Beijing. Mr. Lu Yongxin, Deputy Gener

Chinas Dalian iron ore futures rose as much as 2.3% on October 28, the highest in more than ten days, fueled by trade optimism between the worlds two largest economies, while firm demand from infrastructure and property sectors also helped.

Offshore wind sites could provide more than enough clean energy to satisfy the worlds electricity needs, said a report by the International Energy Agency (IEA). The Paris-based energy watchdog said that the falling costs of offshore wind wo

Chinas cabinet has approved a merger of the countrys two largest shipbuilders, China State Shipbuilding Corp (CSSC) and China Shipbuilding Industry Co (CSIC), the countrys state asset regulator said on Friday. The companies products range f

The Secretary-General of the International Seabed Authority (ISA) Mr. Michael W. Lodge signed a Memorandum of Understanding (MoU) to establish the first ever joint training and research center with Mr. Wang Hong, Administrator of State Ocea

Hong Kong-based carrier Orient Overseas Container Line (OOCL) said both container volumes and revenue were higher in the third quarter this year than in 2018. The COSCO-owned company said that the total volumes for the third quarter of 2019

Chinas new-type deep ocean research vessel Dong Fang Hong 3 officially joined in the Dong Fang Hong research fleet of the Ocean University of China on Friday. The 103-meter-long and 18-meter-wide research ship with a tonnage of 5,800 tonnes

From October 21 to 26, 2019, a delegation led by Chairman Capt. Xu Lirong and Executive Vice President Mr. Huang Xiaowen of COSCO SHIPPING visited important clients of the corporation in Beijing. On the afternoon of October 21, the delegati

CNOOC Ltd, the listed arm of Chinas largest offshore oil and gas producer, reported on October 24 a 27.9% jump in capital spending in the third quarter amid Beijings push to boost oil and gas exploration and production. Capital expenditure

The Hong Kong Government announced today (October 25) that the Chief Executive has approved the establishment of the Process Review Panel (PRP) for the Insurance Authority (IA) on November 1, 2019. Under the authority delegated by the Chief