The Annual Offshore Engineering Technology & Equipment Event

The 14th China International Petroleum & Petrochemical Technology and Equipment Exhibition



March 25-27,2024

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Industry News
The following is the news list page
03 2017-05

China crude steel output up 4.6% in Q1

Chinas crude steel output grew 4.6 percent year-on-year to 201.1 million metric tons in the first quarter of 2017, compared with a slight drop for the same period of last year, an industry a.........

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03 2017-05

Fitch: Grant Cuts May Raise US Port Leverage, Delay Capex

Proposed cuts to an existing grant program would force US ports to choose between issuing debt to keep capital improvements on schedule, thus raising their leverage positions, or delaying ca.........

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01 2017-03

Funds prepare $2 billion oil market play as supply tightens

The switch may foreshadow the end of a global oil glut that built up during a two-year price war. On Friday for the first time in six years a rule in one of the most popular commodity market.........

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24 2017-02

IMF participation on Greece contingent on reforms, debt relief -spokesman

The International Monetary Fund will only consider a financial contribution to the bailout programme for Greece after there has been full discussion on economic reforms and debt restructurin.........

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23 2017-02

Clarksons: Boxship Deliveries Entering Moderate Era?

As containership deliveries dropped from the record 1.7 million TEU in 2015 to just 0.9 million TEU in 2016, the boxship sector could enter a new era of less robust fleet growth if deliverie.........

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21 2017-02

Stuck In The $50s: Why The Oil Price Is Going Nowhere Fast

This far into 2017, week after oil trading week has ended on very familiar territory with both Brent and West Texas Intermediate (WTI) the world most watched crude benchmarks stuck above the.........

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20 2017-02

Gasoline Glut in New York Has Traders Sending Cargoes Abroad

The biggest gasoline market in the U.S. is bursting at the seams. Traders are lining up to export gasoline and diesel from New York Harbor, an area that normally relies on fuel imports from .........

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18 2017-02

Update: APL Austria’s Fire Extinguished, Inspection Begins

The fire that raged for days on board the APL Austria docked at the port of Ngqurha near Port Elizabeth has finally been extinguished, according to the latest update from the South African M.........

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16 2017-02

Caterpillar to deliver 3500 marine engines and generator sets direct from Tianjin

Deliveries of 3512 and 3516 marine engines and generator sets are on track to begin at Caterpillars established facility in Tianjin, China from February 2017 The first Cat Marine engines and.........

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15 2017-02

Update: Oil Spills from Ruptured Tanker

India has deployed its Coast Guard teams to respond to and monitor an oil spill which occurred after a liquefied petroleum gas (LPG) carrier BW Maple and the oil tanker Dawn Kanchipuram coll.........

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07 2017-02

Hong Kong: Updates of merchant shipping safety law proposed

To implement the latest requirements of the International Convention for the Safety of Life at Sea on navigational safety, the Government has suggested introducing one new and one amendment .........

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24 2017-01

Global growth outlook shaky on trade protectionism fears – Reuters poll

The global economic outlook remains shaky, despite recent pockets of resilience, according to the overwhelming majority of economists polled by Reuters who said a rise in protectionist trade.........

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16 2017-01

Berge Bulk Adds Sixth Handysize

Singapore-based dry bulk owner and operator Berge Bulk took delivery of Berge Rishiri, its sixth Handysize vessel, from Japans NamuraShipyard on January 16, 2017. The company decided to dive.........

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12 2017-01

Australia, Japan a Step Closer to Liquid Hydrogen Shipping

Australia and Japan have signed an agreement which will allow liquid hydrogen to be shipped in bulk for the first time, according tothe Australian Maritime Safety Authority (AMSA). Japan is .........

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11 2017-01

Hanjin’s Panamax Quartet Sold for USD 22.4 Mn

Four of Hanjin Shippings 4,275 TEU containerships were sold to South Korean company Korea Marine Transport Co (KMTC) for a price of USD 22.4 million, according to data provided byVesselsValu.........

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