SINGAPORE, April 4 (Reuters) - China Marine Bunker (PetroChina) Co Ltd, known as Chimbusco, has agreed a one-year supply deal with a COSCO Shipping Corp unit for low-sulphur marine fuel that meets new global environmental rules, according to a Chimbusco statement posted on a social media platform. A Chimbusco executive told Reuters on Thursday that the marine fuel company … [Read more...]
Containership Operator Seaspan Exploring Opportunities in LNG
Hong Kong-based containership operator Seaspan Corporation has signed a framework agreement with COSCO Shipping's energy transportation unit for a strategic cooperation related to exploring opportunities in liquified natural gas. COSCO Shipping Energy specializes in the transportation of LNG, oil products, and other energy products under China COSCO Shipping Corporation, and … [Read more...]
Senior COSCO Shipping Exec Shot Dead in Pakistan
By Syed Raza Hassan KARACHI, Pakistan, Feb 6 (Reuters) - A senior Chinese shipping company executive was shot dead in the violence-plagued Pakistani financial hub of Karachi on Monday in what police described as a targeted attack. While there was no claim of responsibility and the motive was not immediately clear, China in December warned its nationals in Pakistan of plans … [Read more...]
Shell Marine Wins Major Marine Lube Contract from COSCO Shipping
Shell Marine has secured a major contract to supply the marine lubricants for seven of COSCO Shipping's upcoming 20,000 TEU Ultra Large Container Vessels (ULCVs). The contract is the biggest marine lubricants contract signed in 2017. COSCO Shipping has order a total of 10 new generation ULCVs with capacities of approximately 20,000 TEUs each, which are due to be in … [Read more...]