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The 15th Beijing International Offshore Engineering Technology & Equipment Exhibition

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BEIJING,CHINA

March 26-28,2025

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Industry News
The following is the news list page
29 2016-11

Hong Kong-based Winson Oil buys ship to store oil in Europe

Hong Kong-based trader Winson Oil has bought a very large crude carrier (VLCC) to store oil in the Mediterranean as it pushes to expand its business in Europe, two company sources said. The .........

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28 2016-06

Cosco’s Post Panamax Duo Joins Baumarine Pool

Chinas shipping giant Cosco has sent two of its bulk carriersinto the Baumarine pool, run by Norwegian shipping company Klaveness. Although the shipping firm did not disclose the names of th.........

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27 2016-06

Chemical Tanker Runs Aground off Alaska

Norway-flagged chemical tanker Champion Ebony, carrying around 14.2 million gallons of fuel, ran aground near Nunivak Island, Alaska, on June 24, the US Coast Guard said. The tankerscrew man.........

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23 2016-06

TEN Sends New Aframax Tanker to Work for Statoil

Greek tanker owner and operator Tsakos Energy Navigation Limited (TEN) has taken deliveryof the Aframax tanker Elias Tsakos, which is part of the 15-vessel newbuilding program and the first .........

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22 2016-06

Report: ECB Begins Review into Banks’ Shipping Exposure

As the shipping industry continues facing aweak demand, the European Central Bank (ECB) kicked off a review into the risks of banks shipping exposure, Reuters cited sources familiar with the.........

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21 2016-06

Swire Shipping Enhances Asia Pacific Coverage

Swire Shipping said it will deploy two Miho-Class vessels which are purpose built for the South Pacific trades to service this route. Port rotation will include Melbourne, Sydney, Brisbane, .........

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17 2016-06

Grieg Star Wraps Up USD 400 Mn Refinancing

Norway-based shipping company Grieg Star has completed a USD 400 million senior debt refinancing involving extended maturities for the financing of 23 vessels in the fleet. Loans with origin.........

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15 2016-06

COSCO Launches World's Largest Tanker Company

On Monday, China COSCO Shipping officially launched the worlds largest tanker company with a ceremony in Shanghai. COSCO Shipping Energy Transportation will be the top tanker firm both by to.........

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12 2016-06

Wanted: Oil traders who know China, with good heads for liqu

Chinese independent oil companies are luring traders, marketers and risk managers away from dominant state behemoths, offering better pay and perks in a hiring spree triggered by the freeing.........

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12 2016-06

Alma Maritime Withdraws Initial Public Offering

Greek shipping company Alma Maritime Limited has decided to apply to the US Securities and Exchange Commission (SEC) to withdraw its initial public offering, filed on March 12, 2010. Namely,.........

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12 2016-06

HMM Cuts Deal with Owners on Charter Rates

South Korean shipping company Hyundai Merchant Marine has struck a deal with containership owners on 20 percent charter rate cuts, the company said in a filing to Korea Exchange. An agreemen.........

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12 2016-06

Japan launches study on LNG bunkering facility at Yokohama p

The Japanese government has launched a feasibility study for LNG bunkering in the port of Yokohama, making this the first LNG bunkering facility development project in Japan. The project, or.........

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12 2016-06

Seatrade Tanker Middle East conference to discuss industry i

Riding on the wave of positive industry news from the tanker shipping market, Seatrade has announced the return of its popular Seatrade Tanker conference in the new guise of Seatrade Tanker .........

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12 2016-06

Frontline snaps up VLCC newbuildings under construction at H

Frontline has purchased two VLCC resale newbuildings under construction at Hyundai Heavy Industries (HHI) at a price of $84m each, or $168m in total. Frontline has also secured options for t.........

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12 2016-06

Pirates Free Kidnapped Turkish Crew

Six Turkishcrew members of Malta-flagged tanker MT Puli who were kidnapped by pirates over two weeks ago while sailingoffPort Harcourt, Nigeria have been released. The six of them have been .........

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