By Jonathan Saul and Chen Aizhu LONDON/SINGAPORE, Sept 26 (Reuters) – China’s Unipec has made replacement bookings for four oil shipments from the Middle East Gulf after the United States imposed sanctions on the tanker subsidiaries of China’s COSCO, three shipping sources said on Thursday. The...
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COSCO Shipping Secures IMO-Compliant Fuel Supply
SINGAPORE, April 4 (Reuters) – China Marine Bunker (PetroChina) Co Ltd, known as Chimbusco, has agreed a one-year supply deal with a COSCO Shipping Corp unit for low-sulphur marine fuel that meets new global environmental rules, according to a Chimbusco statement posted on a social media platform....
China’s Cosco Plans $200 Million Abu Dhabi Container Terminal Expansion
By Stanley Carvalho ABU DHABI, Dec 10 (Reuters) – China’s Cosco Shipping Ports Ltd plans to expand its container terminal in Abu Dhabi in the next three to five years with an investment of $200 million as more Chinese companies set up in the emirate, its vice-chairman and managing director said....