Tag: china
Wanhua Chemical signs a joint venture agreement with PIC
PIC has invested USD 638 million for a 25% stake in Wanhua Chemical (Yantai), marking a key step in their strategic partnership to boost global petrochemical collaboration.
Taiwan extends anti-dumping duty on China & South Korea
Taiwan will maintain anti-dumping duties on stainless steel from China and South Korea for five years.
CNOOC Limited achieves breakthrough in the exploration of Buried Hills
CNOOC discovered oil and gas in the Beibu Gulf, with the Weizhou 10-5 well yielding 13.2 million cubic feet of gas and 800 barrels of oil daily, expanding China’s offshore energy resources.
CAPITAL expands fleet with two LNG-ready tankers
Capital Ship Management has expanded its fleet with two LNG-ready crude oil/product carriers built by New Times Shipbuilding in China. The vessels are IMO EEDI Phase III compliant and feature advanced energy efficiency systems.
Hubei Jinyu New Energy Shipbuilding signs a major contract
A new industrial park will focus on smart and new energy shipbuilding, creating 30,000 jobs and generating RMB 1bn in tax revenue.
Jiangxi New JiangZhou Shipbuilding’s first order of 2025
The shipbuilder secured a contract with Dutch firm MERCURIUS for two 135-meter stainless steel chemical tankers, strengthening its global reputation.