China Merchants Industry News


Russia Seeks to Boost Oil Exports to China as Sanctions Tighten

Nov 25, 2025

Moscow and Beijing have been discussing ways to expand Russian oil exports to China, Russian Deputy Prime Minister Alexander Novak said on Tuesday.China and India have become the main buyers of Russian oil since the start of Russia's military campaign in Ukraine in February 2022…

COP30’s Weak Deal Unlikely to Shift Renewables - Fossil Fuel Battle

Nov 24, 2025

The weak statement that omitted any mention of fossil fuels was probably the best outcome that could have been realistically expected of the COP30 climate summit.It was always going to be a tall order to put nearly 200 countries with massively…

Energy Transition' Future: Fractured, Bumpy and Long

Nov 17, 2025

As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters…

Odyssey Marine Seeks U.S Offshore Lease for Mineral-Rich Sand Mining

Nov 07, 2025

Odyssey Marine Exploration said on Friday it has sought U.S. regulators' permission to explore and mine mineral-rich sands off the Mid-Atlantic coast, as the country bolsters domestic supplies of materials vital for various industries.The site…

Offshore Wind Leaders Urge Europe to Accelerate Permits As Trump Freezes US Market

Nov 05, 2025

Denmark's Orsted and Vestas, two of the world's top offshore wind power groups, urged European nations on Wednesday to speed up permitting, improve auction terms and invest in power grids to deliver their potential for strong growth in the sector…

Kongsberg to Spin Off Maritime Unit, Combine Defense Businesses in Strategic Split

Oct 30, 2025

Kongsberg Gruppen has proposed spinning off its Kongsberg Maritime business in a separate stock market listing and consolidating its Kongsberg Defence & Aerospace and Kongsberg Discovery units into a single technology and defense company.The…

Current News

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

Ithaca Extends Stay of Prosafe’s Safe Caledonia Flotel in Norh Sea

New Chief Takes Reins at Dolphin Drilling

Israel Greenlights Major Natural Gas Deal with Egypt

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