On July 29, COSCO SHIPPING Development (CSD) announced a major move in its ship leasing and industrial-finance integration strategy, committing more than RMB 6 billion (approx. $830 million) to a new fleet expansion program involving: 10 x

Econowind has received a repeat order from Terntank for the installation of eight VentoFoil units on two additional methanol-ready hybrid tankers. Following the initial order in May 2023 for three newbuilds, this brings the total to five ve

On July 24, U-Ming Marine Transport Corporation announced that its 64K bulk carrier, Asian Progress, has successfully completed its first bunkering operation of B24 biofuel (FAME B24) at the Port of Singapore. This marks U-Mings first vesse

On July 28, CK Hutchison Holdings confirmed the expiration of its exclusivity period with the original buyer consortium for its global port assets, including its prized terminals at both ends of the Panama Canal. The company is now explorin

In a major step toward decarbonizing deep-sea shipping, Chinas two leading state-owned shipping giantsCOSCO Shipping Group and China Merchants Energy Shipping Co., Ltd. (CMES)have launched construction of multiple large-scale methanol dual-

Fujian Highton Development Co., Ltd. (hereinafter referred to as Highton Development or Company or HIGHTON) is making waves in the dry bulk sector with an ambitious goal: building a 100-ship fleet. As of mid-2025, the company controls 72 dr

On July 21, 2025, Jiangsu New Times Shipbuilding Co., Ltd., one of Chinas most productive and advanced private shipyards, marked a historic moment with the successful delivery of its 500th ocean-going vessel the PATHWAY, a 155,500 DWT LNG d

Shanghai Jinjiang Shipping Group, a leading player in the Chinese container shipping industry（a subsidiary of Shanghai International Port Group (SIPG)） , has announced its plan to build 2+2 eco-friendly 1100TEU feeder container vessels.

On July 18, OCEAN BREEZE a 7,500 CEU LNG dual-fuel car carrier built by Fujian Mawei Shipbuilding for Sallaum Lines was delivered four months ahead of schedule, setting a new benchmark for green shipbuilding efficiency. This milestone is mo

COSCO SHIPPING marked a new milestone in its decarbonization journey with the naming of its third methanol dual-fuel containership COSCO SHIPPING PANAMA at Yangzhou COSCO SHIPPING Heavy Industry on July 18. Ms. Xu Hui officiated the naming

Alfa Laval today announces that Martijn Bergink has been appointed President of the Marine Division, effective 1 September 2025. This is in addition to his current roles as President of Business Unit Pumping Systems in the Marine Division a

Norsepower, the global leader in mechanical wind propulsion, has announced the successful testing of its next-generation control system, Norsepower Sentient Control (NPSC), aboard two ocean-going vessels. The system, which leverages advance

MPC Container Ships (MPCC or the Company) is pleased to announce a company update, including a series of strategic initiatives to modernize its fleet and strengthen its long-term earnings visibility. The Company has placed a USD 228 million

OrbitMI is pleased to announce that it has agreed to acquire Quebec-based AuQub, an artificial intelligence (AI) firm whose suite of AI-driven agents optimizes workflows and automates repetitive tasks, helping businesses enhance productivity

Nanjing Shenghang Shipping Co., Ltd. (Stock Code: 001205) has taken a major step toward strengthening its integrated logistics capabilities with the launch of Jiangsu Andefo Ship Management Co., Ltd., officially established on July 11, 2025