
China’s CNOOC says COSCO sanctions have impact but oil and gas output unaffected
CNOOC, China’s largest offshore oil and gas producer, on Thursday said it would be affected by U.S. sanctions on its COSCO shipping firm but there would be no impact on its oil and gas production.
Experts warn of China’s influence at U.S. Ports
Trade flowing into and out of U.S. ports is increasingly vulnerable to market turmoil as China strengthens its investment foothold around the world, according to geopolitical experts.
China’s semi-finished steel imports surge on scrap ban
China’s imports of semi-finished steel surged in September as a crackdown on scrap shipments saw Chinese buyers scoop up alternative forms of the metal from other Asian countries at favourable prices.
China’s iron ore port stocks down to 120.3 mln t
Stocks of imported iron ore at China’s 45 major ports reversed down from its four-month peak over September 20-26
LNG best fuel for IMO’s 2030 carbon target: DNV GL
Classification society DNV GL remains convinced that the route to the International Maritime Organization’s (IMO) 2050 carbon targets is via LNG as a bridging fuel.
China’s new shipbuilding orders fall 37.9% on year in Jan-August
Completed newbuild tonnage across Chinese shipyards maintained growth on a yearly basis in January-August, but order backlog and new orders received extended declines from a year ago.
Shanghai rated world’s best-connected port
A Chinese port has topped the United Nations Conference on Trade and Development’s (UNCTAD) 2019 ranking of the world’s best-connected ports.