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The Next Future of Chengli Special Automobile

Mar 1, 2019

Chengli Special Automobile Co., Ltd is a company with a tradition of over 10 years in the engineering industry and has aggregated a wide experience in this field. The main strategic program is focused on the production of trailers, tankers, ...

Tags: special vehicle, truck

First Oil Produced From Snepco-Operated Bonga North West Deep-Water Project in Nigeria

Dec 10, 2016

“This is an excellent addition to our deep-water portfolio – a key growth theme for Shell’s world-wide upstream business,” said Andrew Brown, Shell’s Upstream International Director. “It’s also good ...

Tags: First Oil, Deep-Water Project

Shell Moves Forward on New Gulf of Mexico Development at Stones

Dec 10, 2016

The development will start with two subsea production wells tied back to the FPSO vessel, followed later by six additional production wells. This first phase of development is expected to have annual peak production of 50,000 boe/d from ...

Tags: Shell, subsea production

Fonterra's New Zealand Sites Face No Major Damage From Earthquake

Nov 15, 2016

The company has confirmed all of its staff in New Zealand are safe following the earthquake overnight and there is no major damage to any of its manufacturing sites. It does expect some milk collection disruption due to road closures and ...

Tags: Fonterra, earthquake

Kassbohrer Investing in Future of Trailer Engineering

Sep 27, 2016

Hannover, September 22, 2016 – Standing out with its unmatched product range in the European semi-trailer industry, German manufacturer Kässbohrer is presenting its transport solutions, innovative technologies and new services at ...

Tags: Kassbohrer, investment, semi-trailer industry

Sinotruk 200 Special Vehicles Exported to Pakistan

Jun 23, 2016

On June 12, SINOTRUK exported 200 special vehicles to South Asia. With sticking to the open strategy, SINOTRUK products exported to Middle East, East Europe, Southeast Asia, West Asia, Africa, Oceania and other countries and regions. In ...

Tags: SINOTRUK, dumpers, oil tankers

100 JAC Water Tankers Exported to Venezuela

Jun 2, 2016

100 JAC water tankers has been modified completely to deliver to Venezuela. In order to good delivery, according to Venezuela weather and road condition, JAC has made several rounds of technical review on the prototype to ensure that the ...

Tags: Water Tankers, JAC

5, 239 JAC Heavy Trucks All Delivered to Venezuela

May 13, 2016

Early morning of May 10th, 420 JAC heavy trucks were delivered to Venezuela. So that, JAC 5,239 heavy trucks to Venezuela have been all delivered that bring a successful close. In 2014, JAC signed purchase contract with Venezuela Land ...

Tags: Heavy Trucks, JAC international market

China's Shipbuilding Sector Decline 26% in 2015

Feb 5, 2016

China retained its crown as the world's biggest shipbuilding nation in 2015, but with a 26% decline on year in newbuilding orders, chiefly due to "the abysmal state of the dry bulk market," Italian shipbroker Banchero Costa (Bancosta) said ...

Tags: Shipbuilding Sector, shipyards

China Calls for Peaceful Development amid Japan's Increase of Defense Budget

Dec 25, 2015

Japan's Cabinet has approved a record-high military budget for fiscal 2016. The 5 trillion yen, or 42 billion U.S. dollar plan marks the fourth consecutive year that Japan has increased its defense budget. This is the first defense ...

Tags: Peaceful Development, Defense Budget

Gas Natural Fenosa Aims to Double Chile Gas Clients in 10 Years

Dec 16, 2015

Gas Natural Fenosa plans to invest $1.1 billion over the next decade to double its number of clients at Chilean subsidiary Metrogas to 1.5 million, from around 700,000 currently, CEO Rafael Villaseca said Tuesday. During the first five ...

Tags: Fenosa, gas, LPG

Tankers: Rush of North Sea VLCC Fixtures Could Spell Trouble for Aframaxes

Nov 25, 2015

Three VLCC fixtures to lift Forties crude from Hound Point, Scotland, in recent days could hit Aframax freight rates in the North Sea in coming weeks, shipbrokers said Friday. The Al Kout, the Front Page, and the Voyager I were all ...

Tags: Tankers, VLCC Fixtures, crude, Aframaxes

Tankers: Golden Ocean Sees Tough Dry Bulk Market for Next 6-12 Months

Nov 25, 2015

Norwegian dry bulk carrier Golden Ocean said Tuesday it expected the market to remain difficult for the next 6-12 months, not least because of slowing Chinese economic growth, as it posted a bigger third-quarter loss year on year. "Well ...

Tags: Tankers, Golden Ocean, Dry Bulk Market

USGC-Europe MR Freight Rate Falls to 8.5-Month Low as Ships Sit Prompt

Nov 6, 2015

Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...

Tags: Freight Rate, USGC-Europe, LR1 tanker

Feature: LR1 Tanker Rates Surge; Europe Ullage Issues, Naphtha Demand From East

Nov 6, 2015

Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...

Tags: LR1 Tanker, Naphtha, ships

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