1.Chinese oil giant China National Petroleum Corp (CNPC) and Brazil's state-owned oil company Petrobras are closer to forming a strategic partnership to finish a major refinery project. 2.Yantai Port Group in East China's Shandong pr

(8 July 2018)－COSCO SHIPPING Holdings Co.,Ltd. (COSCO SHIPPING Holdings or the Company) (SSE: 601919; HKEx: 1919), a listed subsidiary of China COSCO SHIPPING Corporation, made an announcement that the Committee on Foreign Investment in t

The United States has imposed sweeping tariffs on 25 per cent on US$34 billion worth of Chinese flat-screen televisions, aircraft parts and medical devices. China immediately accused the US of starting the largest trade war in economic hist

The Hong Kong Government yesterday (6 July) gazetted the Air Pollution Control (Fuel for Vessels) Regulation, requiring all vessels to use compliant fuel within the waters of Hong Kong, thus establishing an Emissions Control Area. The Regul

Six crew members with a sinking cargo ship were all saved by rescuers sent by local transport administration authorities on Saturday in waters east of Luchao Port in Shanghai. The accident happened earlier Saturday at about 17:00 local time

1.China's omission of liquefied natural gas (LNG) from its vast list of U.S. products that face hefty import duties from July 6 has preserved a potential weapon should the trade war with Washington deepen. 2.A U.S. cargo ship cont

Chinese oil giant China National Petroleum Corp (CNPC) and Brazils state-owned oil company Petrobras are closer to forming a strategic partnership to finish a major refinery project. The companies announced Wednesday in a Brazilian securiti

1.Shanghai rebar steel futures rose on July 4 after China said it will intensify the closure of outdated and excess steel capacity from this year through 2020 as part of its anti- pollution plan. 2.As the US and China prepare to ra

Chinas omission of liquefied natural gas (LNG) from its vast list of U.S. products that face hefty import duties from July 6 has preserved a potential weapon should the trade war with Washington deepen. It also underscores Beijings desire t

Positioned as the largest free trade zone (FTZ) in Africa, the China-established Djibouti FTZ is expected to open on Thursday, attracting wide attention in the country strategically positioned in the China-proposed Belt and Road initiative.

Oil prices went down on Thursday as official data showed U.S. crude inventories rose unexpectedly last week. The Energy Information Administration said on Thursday that U.S. crude inventories rose by 1.2 million barrels in the week ending J

London Crude oil futures remained mixed during morning trade in Europe Thursday, as US President Donald Trump again tweeted critical comments against OPEC, blaming the oil producer group for the rise in gasoline prices. At 1059 GMT, ICE Sep

Bjorn Hojgaard, chief executive of Anglo Eastern Group, Hong Kongs largest ship manager, has thrown his weight behind a proposal to halve corporate tax rates for ship leasing companies and maritime support firms to 8.25%. In May this year H

The Ocean Alliance is changing its Middle East services to offer a total of four loops serving Asia and Middle East ports by merging the existing ME2 product into the ME1 to form a single loop. Service coverage will continue to include main

The service provided by container shipping lines has deteriorated since 2016 and is now seen by exporters, importers and freight forwarders as more problematic, according to the second annual shipper satisfaction survey of Drewry and the Eu