Shipping Rally Set to Fall off Another Cliff
(Bloomberg) — Record coal stocks at power plants in China, the biggest consumer of the fuel, are threatening to reverse the rally in rates for commodity
(Bloomberg) — Record coal stocks at power plants in China, the biggest consumer of the fuel, are threatening to reverse the rally in rates for commodity
SYDNEY (Dow Jones) –Iron ore exports from Australia’s Port Hedland in June slipped 4.4% from May to 21.5 million metric tons, but were 16% higher
BEIJING–China National Offshore Oil Corp., known as Cnooc, said Thursday that it has discovered natural gas at an offshore deep well after drilling more
COSCO Corporation (Singapore) Limited announced today that COSCO Zhoushan Shipyard Co., a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co.,
SINGAPORE (Dow Jones) —National Iranian Oil Co. will move its top fuel oil trader to head its Beijing office next month just as Europe’s embargo
Greek shipowner, Paragon Shipping Inc. (NYSE: PRGN), announced today that it has taken delivery of the M/V Precious Seas, a 37,205 dwt Handysize vessel, from
The New Great White Fleet – Will China’s fleet of secret surveillance ships soon outnumber the US Navy? It has been over three years since China
(Dow Jones) COPENHAGEN–The port-operating arm of Danish shipping and oil company A.P. Moller Maersk A/S (MAERSK-B.KO) Friday signed an agreement with
By Gabe Collins and Andrew Erickson Sometimes oil companies follow the flag, sometimes the flag follows them — and sometimes they themselves become the
Houston, TX – Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced today that it has been awarded a contract by
Fairstar Heavy Transport N.V. (FAIR) announced today that they have taken delivery of the FORTE, a 216 meter long, 48,000 DWT, DNV-classed heavy lift transport
A brand new luxury Chinese-built cruise ship proved to tall for a suspension bridge spanning the Oujiang River located in Wenzhou city, Zhejiang, China after
China Rongsheng Heavy Industries this week christened the first two 380,000 DWT Very Large Ore Carriers (VLOCs) built for Oman Shipping Company, as well as
COSCO Corporation (Singapore) Limited announced today that their subsidiaries, COSCO Shipyard Group Co., have delivered three bulk carriers to Asian buyers
Vale has announced the construction of a second floating iron ore transfer station in Subic Bay, Philippines. These transfer ships facilitate the transfer of
BEIJING (Dow Jones)–China National Offshore Oil Corp. has begun exploring deepwater oil blocks without the help of foreign partners, partly due to the
ConocoPhillips announced Monday that, through its affiliate ConocoPhillips China Inc. (COPC) and the China National Offshore Oil Corp. (CNOOC), it has reached
SHANGHAI (Dow Jones)–China Cosco Holdings Ltd. (1919.HK) said Thursday that its net loss widened in the first quarter as its dry-bulk shipping
Destined for the Norwegian North Sea, a new semisubmersible is delivered from Yantai CIMC Raffles Shipyard. COSLPromoter, the third semi-submersible drilling
In recent weeks, the 100th anniversary of the sinking of the RMS Titanic in the North Atlantic and the 3D re-release of 1997’s Oscar-winning
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