First-of-Its-Kind? $300 Million Order Restricted to Local Shipyards Only

First-of-Its-Kind? $300 Million Order Restricted to Local Shipyards Only

Brazil diesel imports hit record despite drop in local sales

Brazilian diesel imports surged 60 percent to hit a record high in the year to May compared with the same...

DW Monday: Not Content with Local Content

Brazil and Tanzania are two countries at very different stages of oil and gas development – Brazil is a well-established powerhouse, reeling from a recent corruption scandal

China polymer traders turn to re-exports to offload cargoes on weak local demand

Some polymer traders in China are re-exporting their spot imported LDPE and LLDPE cargoes in a bid to clear...

Indonesia signs contracts to build 24 ships for $130m at local yards

The Indonesian government has signed contracts worth abouth IDR1.77trn ($129.9m) for the construction of 24 ships that will be used to transport people and goods to and from remote areas in a bid to improve connectivity among the country’s islands, local

China data: Sep gasoil exports surge to record high at 1.11 mil mt on weak local demand

China's gasoil exports hit an all-time high at 1.11 million mt in September, and the exports are set to...

Sainty Marine ordered to pay $10m to local bank

Debt-ridden Sainty Marine has been ordered by a local court to pay RMB63.67m ($10m) in overdue bill of exchange plus other costs to Jiangsu Zhangjiagang Rural Commercial Bank. ...