South Korean carrier Hyundai Merchant Marine (HMM) announced that it will expand its cooperation with Russia’s Fesco on an existing service between China, Korea and Russia.
Chinese energy enterprise, Zhejiang Energy Group has inked a sales and purchase agreement with ExxonMobil for liquefied natural gas (LNG) supply over a period of 20 years.
US Energy policy, along with Donald Trump’s classic head-fakes, almost seems destined to confuse participants in the oil business, with obvious impacts on shipping which serves it.
Chinese heavy equipment manufacturer Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) signed the contract for two shipbuilding factory gantries with Karachi Ship Building and Engineering Construction Plant of Pakistan.
Chinese shipyard Zhoushan IMC-Yongyue Shipyard and Engineering is moving into the Brazilian ship repair market.
China's Belt and Road Initiative (BRI) is anticipated to create demand growth for shipping and Singapore is keen to continue playing an important role in the ambitious development strategy, according to Singapore’s minister for trade and industry Chan Chun Sing.