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
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18 2017-12

CDBL Inks Sale and Leaseback Deal for LNG Carrier Pair

Hong Kong-listed China Development Bank Financial Leasing (CDBL) has invested USD 363.8 million in two 162,000 cbm ice Class 1A LNG carrier vessels. The bank entered into the sale and leaseb.........

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15 2017-12

Safe Bulkers Expands Its Fleet with Post-Panamax Ship

Monaco-based dry bulk shipping companySafe Bulkers has acquired a South Korean-built dry bulk Post-Panamax class vessel at an attractive price. The 92,000 dwt ship was constructed in 2010 an.........

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14 2017-12

Video: Huge Stern Section of AIDAnova Undocked in Papenburg

The construction of the worlds first LNG cruise ship is progressing at rapid pace. On December 11, the stern section of AIDAnova became the first of two giant ship modules to be undocked at .........

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13 2017-12

San Pedro Bay Ports on a Roll

With just under one month left in 2017, San Pedro Bay ports have experienced growth in their container volumes. The Port of Long Beach (POLB) said it has already exceeded the cargo total for.........

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11 2017-12

CMA CGM Wraps Up Mercosul Takeover from Maersk Line

French shipping major CMA CGM has completed the acquisition of Brazils container shipping line Mercosul Line from Maersk Line. CMA CGM and Maersk Line announced the deal in June as part of M.........

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08 2017-12

China’s 1st Smart Ship Makes a Debut

Chinas first smart ship, Great Intelligence, was presented this week at Marintec China 2017, Shanghai which hosted revelations of several innovative ship design concepts. Great Intelligence,.........

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01 2017-12

Maersk Line Closes Hamburg Süd Acquisition

Maersk Lines acquisition of Germancontainer shipping line Hamburg Sdamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Sd) from the Oetker Group was closed today, the liner company inf.........

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30 2017-11

Chennai Six Released from Prison, Ask Media for Privacy

The six British nationals, former security guards on board the SeamanGuard Ohio anti-piracy vessel, also known as the Chennai Six, have been released from prison after four years. After four.........

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22 2017-11

CargoSmart: Carriers More Reliable in October 2017

Carriers overallon-time schedule reliability increased by 3.3%, from 64.3% in September 2017 to 67.6% in October 2017,latest data from intelligence provider CargoSmart shows. Regarding sched.........

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21 2017-11

Cosco Shipping Energy Orders Seven Ships from Dalian

Chinas Cosco Shipping Energy Transportation has entered into agreements with Dalian Shipbuilding for the construction of HKD 4.32 billion (USD553 million) worth of new ships. Under the deals.........

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20 2017-11

Wison, Shanghai Electric Team Up on Floating LNG Power Barge

Wison Offshore Marine andShanghai Electric Power Generation Group are looking to join efforts in medium to large-scale floating LNG power generation barge, with regards to its product develo.........

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15 2017-11

MSC’s Training Program Pushes Crew Retention Rate Up

Seafarers today are increasingly attracted to sophisticated training, professional development, and long-term employment, a studyby MSC Shipmanagement, a part of Mediterranean Shipping Compa.........

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08 2017-11

Shell to Add New Barge to Its LNG Bunkering Network

Shell Trading (US) has finalized a long-term charter agreement with Q-LNG Transport for an LNG bunker barge with the capacity to carry 4,000 cubic meters of LNG fuel. As the first of its kin.........

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03 2017-11

Over a Tonne of Cocaine Seized aboard RORO Ship off Portugal

Over a tonne of cocaine was found on board aRoll-on/Roll-off (RORO) cargo ship named Agat which was intercepted in the middle of the Atlantic Ocean by the Portuguese authoritiesin an operati.........

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02 2017-11

Ten Missing after Cargo Ship Sinks off Turkey

Ten seafarers have been reported missing after theTurkey-flagged general cargo ship Bilal Bal sank some seven nautical miles off the coast of Istanbul. A search and rescue operation for the .........

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