The OPEC + Agreement has made it possible to balance the world oil market and set a price for a resource that suits both the producer and the buyer, said Lukoils first executive vice president, Ravil Maganov. I think that OPEC + is good. It

The Singapore fuel oil market is not expected to recover from an oversupply situation despite lower arrivals from the US and Europe seen for April, market sources said Thursday. Fuel oil traders expect about 4 million mt to arrive in Singap

1.The Hong Kong Maritime and Port Board recently visited Norway as part of a more extensive tour of the Nordic countries. The aim of the trip was to promote Hong Kong as an international maritime centre and to learn more about green maritim

The Hong Kong Maritime and Port Board recently visited Norway as part of a more extensive tour of the Nordic countries. The aim of the trip was to promote Hong Kong as an international maritime centre and to learn more about green maritime

Italian cruise operators have been increasing their investment in the Chinese market even as many key players have withdrawn after the sectors business shrank for the first time in 2018. An analyst said that China and Italy are expected to

Chinas crude oil futures settled higher on Thursday. The most active contract for May 2019 delivery was up 1.89 percent to 463.9 yuan per barrel, data from the Shanghai International Energy Exchange (INE) showed. China launched its first yu

Chinas state-owned bunker fuel supplier Chimbusco plans to start offering low sulfur fuel oil at the Qinhuangdao and Jingtang ports from April, after Beijing imposed a 0.5% sulfur limit from January 1 for vessels sailing within 12 nautical

1.Breakbulk Asia (formerly Breakbulk China) was held on 20-21 March in Shanghai,which has been a conference and exhibition in the region for project cargo and breakbulk professionals. 2.China CSSC Holdings has confirmed its return to profit

PIL is pleased to announce the launch of our new Middle East service China Straits Gulf (CSG), with effect from April 2019. This new service will provide an enhanced direct service between North/Central/South China and Middle East, calling

China launched its 54th ocean expedition on Monday to conduct research on the oceanic resources and environment in the Pacific, according to the Ministry of Natural Resources (MNR). The Chinese oceanographic research ship Xiangyanghong 10 d

Dagang gas storage, located in Tianjin and composed of nine gas storages, extracted 1.8 billion cubic meters (bcm) of natural gas during this winter heating season (from November 2018 to March 2019), contributing a lot to secure stable gas

1.Chinas Port of Xiamen, opposite Taiwan, is upgrading its facilities at Haicang and will expand the shipping channel to accommodate vessels of up to 200,000 dwt. 2.Marittima Emiliana placed an order for the 4,500 dwt tanker duo at Ningbo X

Neptune Energy Norge AS has hired the newly built Beacon Atlantic semi-submersible drilling rig for up to 16 wells offshore Norway. The oil and gas producer said in a press release that it has chartered the rig from Chinas rig builder CIMC

Imagine you are an Information Security Manager for a shipping company and while docked in port, a service technician boards your ship to perform a software update of the Voyage Data Recorder system and unknowingly introduces a virus. As a

DNV GL has opened an artificial intelligence research centre in Shanghai as it seeks new solutions to enhance its audit, inspection and survey services. The move recognizes Chinas position as a world leader in the technology and is another