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CIMC Boost One Belt and One Road

Nov 25, 2016

The further promotion of “One Belt and One Road” strategy injects new vitality to the economic development of the countries along The Belt and Road. Especially Silk Road Economic Belt East is connected with Asia Pacific Economic ...

Tags: CIMC, One Belt and One Road

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

GEA Installs Milk Powder Plant in South Waikato, New Zealand

Oct 27, 2016

GEA, which supplies processing technology for dairy and food industry, has installed a high performance spray dryer at the new milk powder facility in Lichfield, New Zealand. The spray dryer has been developed for GEA's customer Fonterra. ...

Tags: Milk Powder, dairy

Sinopec Exported Asphalt to Fiji and New Zealand

Sep 28, 2016

On August 16, an asphalt tanker BIT REDO was loaded with 7,160 tonnes of asphalt, which was produced by Sinopec Jinling Company and would be transported to Fiji and New Zealand from Nanjing, China.

Tags: BIT REDO, Asphalt, export

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

Zhongzhuo Signs 0.17 Billion RMB Contract of Fire Fighting Trucks

Apr 11, 2016

Beijing Zhongzhuo Fire Fighting Equipment Co., Ltd. signed three purchasing contract about fire fighting equipment recently. The total amount is 172.689 million RMB, which is estimated taking up 13.06% of the annual turnover(not audit) of ...

Tags: Zhongzhuo, Fire Fighting Trucks

Can The Shipping Industry Weather The Storm of 2016?

Feb 18, 2016

Standard & Poor’s Ratings Services has explored the 2016 outlook for the global shipping industry and believes that global shipping companies, and drybulk and containership operators in particular, will continue to face difficult ...

Tags: Shipping Industry, drybulk

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 Launches HD Earth Observation Satellite

Dec 29, 2015

China on Tuesday launched its most sophisticated observation satellite, Gaofen-4, as part of the country's high-definition (HD) earth observation project. Gaofen-4 was launched from the Xichang Satellite Launch Center in the southwestern ...

Tags: HD Earth Observation Satellite

Ship Traffic Resumes at Upper Houston Ship Channel, Vessel Fire Put out

Dec 15, 2015

Vessel traffic on a two-mile stretch of the Houston Ship Channel resumed at 12:34 pm CDT (1834 GMT) Monday, after a fire on board the Navigator Europa was extinguished, the US Coast Guard said. "The fire is out, all personnel are ...

Tags: Vessel traffic, tanker, fire

US Refinery Margin Tracker: Unquenchable Gasoline Demand a Gift for US Refiners

Dec 15, 2015

Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...

Tags: gasoline, diesel, ULSD

Repairs to New Panama Canal Locks to Be Completed by January: ACP

Dec 2, 2015

Repairs to reinforce the sills of the Panama Canal's new locks, which were found to be deficient earlier this year, will be completed by January 2016, the Canal Authority of Panama (ACP) said Tuesday. During routine operational testing of ...

Tags: ACPH, Locks, LNG-tanker traffic

Colombia to Begin Natural Gas Imports in Early 2016: Ecopetrol

Nov 24, 2015

Colombia in January will begin importing 39 MMcf/d of natural gas from neighboring Venezuela to meet domestic needs, ending decades of natural gas self sufficiency, the head of Ecopetrol said Monday. The country is negotiating to increase ...

Tags: natural gas, crude

New Rhine Level Low Threatens to Boost Oil, Petchem Costs

Nov 6, 2015

The water levels on the Rhine hit critically low levels this week, which threatened to send the cost of transporting and handling a range of oil and chemicals even higher after several months of rising costs. Freight and logistics costs ...

Tags: Rhine, transporting, Oil, Petchem

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

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