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Three Missing after Tanker Explodes off China

Three seafarers are missing, while 13 others have been rescued after their tanker Xing Long Zhou 569 exploded on Sunday in the East China Sea, Xinhua cited...

Mar 22, 2017

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 Caterpillar’s established facility in Tianjin, China from February 2...

Dec 2, 2016

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 Euro...

Oct 12, 2016

Something very odd is being hidden in the middle of the Atlantic ocean and Gulf of Mexico

Hundreds of oil tankers are being forced to turn back to their point of origin or simply park in the middle of the sea because of a shortage in fuel storage...

Oct 12, 2016

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...

Oct 9, 2016

OOCL Modifies Asia – North America East Coast Coverage

OOCL, a Hong Kong-based shipping company and a member of the G6 Alliance, plans to start implementing its Asia – North America East Coast Winter Program...

Sep 29, 2016

Rebound in sight as China’s gasoline exports hit five-month low

China’s gasoline exports in August slid further to hit five-month lows, extending the downward trend that started in the previous month, as steady demand...

Sep 28, 2016

Chinese Shipper Seeking Revamp Said to Ask Banks to Join Loan

A Chinese container shipping firm has asked banks to join a loan backing its proposed acquisition of a U.S. computer distributor as it tries to transform...

Sep 23, 2016

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