Yang Ming Marine Transport Corporation (Yang Ming) held its 400th Board Meeting and approved a new fleet optimization plan. This plan includes the addition of up to thirteen 8,000 TEU to 15,000 TEU container vessels with subsequent procedur

Bogerd Martin and Normec Verifavia announce a strategic partnership to expand their service and respond to the demand of environmental compliance service. This collaboration integrates Bogerd Martins new fleet operations platform - Chart Tr

Download reports at: NCFI Weekly Index Data 2024 12.14-12.20 Ningbo Containerized Freight Index Weekly Commentary 2024 12.14-12.20 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Cont

2024 has been a dynamic year for the global shipping industry. While conventional Capesize vessels have had a steady presence, Newcastlemax ships have emerged as the driving force behind the growth in the Capesize segment. With the global f

Shanghai Port became the first in the world to see the annual container throughput exceed 50 million 20-foot equivalent units (TEUs) on Sunday. The port has ranked first globally for 14 consecutive years in terms of annual container through

(Photo/Chinanews.com) China has launched its first hydrogen-powered container ship, capable of carrying 64 standard containers, in Jiaxing, East Chinas Zhejiang Province, marking a significant step in adopting green shipping solutions, Chin

On December 22, 2024, Shanghai Port celebrated a historic moment by successfully handling its 50 millionth TEU (Twenty-Foot Equivalent Unit) at the Yangshan Phase IV Automated Terminal. This makes Shanghai Port the first port in the world t

In an unprecedented move, COSCO Shipping Bulk announced orders for 18 new dry bulk vessels across two consecutive days, solidifying its position as a leader in fleet innovation and sustainability. December 19, 2024: 10 Kamsarmax Bulk Carrie

The World Shipping Council (WSC) Board of Directors has elected Soren Toft, CEO of MSC Mediterranean Shipping Company, as the new Chair of the World Shipping Council Board. Randy Chen, Vice Chairman of Wan Hai Lines, has been elected Vice C

Effective 1 January 2025, Ian Beveridge will hand over the executive management of Bernhard Schulte Shipmanagement (BSM) to BSMs Chief Financial Officer Sebastian von Hardenberg. Beveridge will remain CEO of the Schulte Group. He will also

On December 19, COSCO Shipping proudly partnered with Everbright Financial Leasing Co., Ltd. and Jiangsu Hantong Shipbuilding Co., Ltd. in Nantong to sign agreements for the construction and long-term leasing of 10 new 82,000-ton bulk carri

On December 23, New Golden Sea, a subsidiary of COSCO SHIPPING Holdings, launched the maiden voyage of its new Indonesia route YIX in Yangpu, Hainan. It marks the opening-up of another new shipping route between China and the ASEAN countrie

On December 18, the Green Energy Pearl, the second LNG transport vessel of the CNOOC project, was officially named at the Changxing Island Terminal of Hudong-Zhonghua Shipyard in Shanghai. The ceremony was honored by esteemed guests includi

Guy Hindley, Baltic Exchange Chairman. Credit: Guy Hindley Guy Hindley has been appointed as the new Chairman of the Baltic Exchange Council, with effect from 1 January 2025, following the leadership of Lord Jeffrey Mountevans who has held

Thomas A. Kazakos At a special meeting of the board, held on-line, the International Chamber of Shipping (ICS) have unanimously appointed Thomas A. Kazakos as its next Secretary General. Kazakos will replace Guy Platten who will be stepping