Following the deal, CSET and PetroChina have agreed to set-up a joint venture, COSCO Shipping Crude Oil Transportation Ltd.
More from Han Chen
Satellite images now show three slicks of different sizes covering a combined area of 332 km².
Two large slicks covering an area of 69 square kilometres and 40 square kilometres have been found on satellite following sinking of the Iranian tanker
CSIC said its affiliated shipyard, Beihai Shipbuilding Heavy Industry Co, has signed a contract with Mediterranean Shipping to convert 11 14,000 teu container ships.
Building ties with leading cargo owners is a key aspect of a top Chinese leasing company’s strategy
Guangzhou port has confirmed plans for a new grain terminal and a new car terminal
China Merchant Port Holding is building on its investments in Djibouti which began in 2012.
Brazilian mining company in talks sell another two VLOCs but it did not reveal any buyer details.
The Chinese port of Dalian has announced a plan to consolidate its container terminal assets.