Rongsheng Heavy Faces Even Tougher Times, Market Value Has Fallen by Over $5 Billion
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd., which hasn’t announced any 2012 ship orders, may find winning deals even harder
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd., which hasn’t announced any 2012 ship orders, may find winning deals even harder
(Bloomberg) — The number of cargoes booked on Panamax bulk carriers, the largest to transit the Panama Canal, slumped 33 percent in July amid slowing
(Bloomberg) — China National Offshore Oil Corp. won government approval to build another liquefied natural gas terminal in southern China’s
RIO DE JANEIRO–Brazilian mining giant Vale SA (VALE, VALE5.BR) continues to negotiate for access to Chinese ports for its Valemax large iron-ore
(Bloomberg) — China has too many ships. The glut has pushed new vessel prices to eight-year lows and caused a 49 percent plunge in first-half orders at
While Cnooc Ltd.’s (CEO, 0883.HK) $15.1-billion takeover offer for Nexen Inc. (NXY.T, NXY) would give the Chinese energy producer operational control of
(Bloomberg) — Crude-oil shipments aboard supertankers bound for China fell 2.5 percent this week, according to ship-tracking data compiled by Bloomberg.
NEW DELHI–India’s state-run Oil & Natural Gas Corp. (500312.BY) will continue to explore for oil and gas offshore Vietnam in the South China
(Bloomberg) — China secured the release of a 26- man crew aboard a Taiwanese fishing boat that was captured by Somali pirates more than 18 months ago,
To children were killed and seven others missing Wednesday after a cargo ship sank while berthed at a port in China’s Jiangsu province. According to
(Bloomberg) — Oil fell after Norway ended a strike that threatened to halt output by western Europe’s largest crude exporter and as China reduced
(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
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