Iraq Confirms Oil-Output Cut Even as Scheduled Exports Rise

Iraq has reduced its oil production by 160,000 barrels a day and will comply with cuts it agreed to make under an OPEC output deal, Oil Minister Jabbar Al-Luaibi said, even as ship loading data suggested that exports are set to increase next month.

Yangzijiang confirms order for six VLOCs from ICBC Leasing

China’s privately-owned Yangzijiang Shipbuilding has signed a deal in Beijing with ICBC Financial Leasing to ...

Stena Line confirms order for four ropax ferries at Avic

Stena Line has confirmed an order for four new ropax ferries at China’s Avic Shipyard, with an option for four more similar units. ...

Polembros confirms double aframax purchase

Polembros of Greece is emerging as one of the most active shipping company in the sale and purchase market in ...

US maritime commissioner confirms Cosco and CSCL merger

Commissioner William P Doyle of the US Federal Maritime Commission (FMC) has confirmed that China Ocean Shipping ...

China Shipping confirms mega-boxships order

China Shipping Group signed shipbuilding contracts with CSSC-affiliated Waigaoqiao Shipbuilding for the construction ...

China\'s manufacturing index confirms slowing economic growth

LATEST results continue to affirm that mainland economic growth is slowing, ending a three-decade run of...