Friday, 10th November2023, Damen Green Solutions and Bawat A/S have formally signed the agreement to solidify their joint venture in the development and sales of cutting-edge mobile Ballast Water Management Systems (BWMS). The joint venture

November 2023, Hamburg, Germany: The global shipping industry is currently grappling with a complex challenge that revolves around a crucial element shipping containers. The real issue at hand is not the geographical concentration of contai

Winter is Coming In the crude tanker market, we have witnessed a return of spectacular volatility, with spot earnings on several key Suezmax and Aframax trades in the Atlantic Basin briefly spiking close or in some cases even above $100,000

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Global, sector-focused law firm HFW advised on the launch of the shipping industrys first sustainable fund. The fund, named Low Emission Methanol Shipping Company (LEMSCO), was launched by maritime investment advisor ProMarine AG with an in

On 1st November 2023 the first vessel in the series of three 7800 dwt multipurpose newbuildings for Langh Ship has been named and delivered to Langh Ship. The highlight of the celebration was when 3-year-old Miss Greta Lovisa, daughter of t

Egersund, Norway Singapore November9, 2023 NAVTOR , a leading e-Navigation and performance technology provider to the maritime industry, and Voyager Worldwide , a leading provider of maritime technology solutions, today announced that both

Chevron has committed $10 billion in lower carbon investments and projects by 2028, according to Mike Wirth, Chevron Chairman and CEO. He said the money will go toward hydrogen and renewable fuels, as well as carbon capture, utilization, an

Wallenius Wilhelmsen, the global RoRo shipping and vehicle logistics company, has ordered 4 MAN BW 7S60ME-C10.5-LGIM (-Liquid Gas Injection Methanol) dual-fuel engines capable of running on green methanol in connection with the construction

Ocean Network Express (ONE) announced the success of its first interactive loss prevention workshop, held at ONEs headquarters in Singapore on 07 November 2023. The workshop brought together representatives from Protection and Indemnity (PI

November 8, 2023.StormGeo, a global leader in weather intelligence and vessel optimization and part of Alfa Laval, announced today the launch of their EU ETS solution, a new tool designed to address the demands of the EU Emissions Trading S

[Photo: Xinhua] Chinas total import and export volume grew by 0.03 percent year-on-year, reaching 34.32 trillion yuan ($4.72 trillion) between January and October, as the countrys foreign trade posts a stable recovery despite mounting exter

[Photo provided to China Daily] Chinas latest ocean patrol ship was delivered for service in Guangzhou, Guangdong province, on Wednesday, as the nation seeks to bolster its fleet that safeguards its territorial claims and other interests in

The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about2,200million tonnes.The ships owned by Greek and Chinese shipping companies contribute 34% of the total fleets deadweight tonne capa

On November 7, the 68,000dwt series ice-class multi-purpose pulp carrier No. 5 Green Aanekoski built byCOSCO Shipping Heavy Industry (Dalian) for CMB Financial Leasing waschristenedand delivered, and was officially handed over to COSCO Ship