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MAN propane-fueled ME-LGIP to power Chinese VLGC

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Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. HFO-burning engines to 6G60ME-C9.5-LGIP

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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

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China already has a strong position in the battery metal supply chain, and buying Russian nickel on the cheap as a result of sanctions would further strengthen its globally competitive position. —Daniel Clarke, Analyst specializing in batteries on the Thematic Research Team at GlobalData.

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Saudis Expand Price War Downstream

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The crude is so cheap it’s pretty much free for them, the margins are going to be massive. On the other hand, it won’t be easy for Saudi Arabia—Chinese refiners are also producing more gasoline, for which demand is still strong. However, one cannot easily neglect the Indian and Chinese refiners.