The London PI Club has today announced its financial results for 2024/25, reporting an operating surplus of US$21.3m, while also strengthening its free reserves to US$171.2m. Gross earned premium income increased 12% to reach US$159.8m. The

On June 19, the 7,000 CEU dual-fuel PCTC AICC KUNPENG，the second ocean-going vehicle carrier invested and built by Anhui Hangrui International Car Carriers Limited (AICC Shipping)，was officially named and delivered in Shanghai and comme

A.P. Moller - Maersk (Maersk) has named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion. The naming event took place on 18 June at Hyundai Heavy Industries (HHI) yard in Ulsan, South Korea. The

COSCO SHIPPING Bulk, together with CITIC Financial Leasing and Fujian Mawei Shipbuilding, has signed a landmark agreement for the construction and leasing of 30 x 80,000 DWT multipurpose grain carriers. This major newbuilding order marks a

X-Press Feeders Group, the worlds largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the worlds largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and

From Left: Petrus Blomqvist, Partner at Vaaka; Lauri Haavisto, CEO of Foreship; Markus Aarnio, Chief Naval Architect at Foreship; Carlo Luzzatto, CEO of RINA. RINA, the multinational engineering consultancy, inspection and certification gro

PETRONAS CCS Ventures Sdn. Bhd. (PCCSV) MISC Berhad (MISC), and Mitsui O.S.K. Lines, Ltd., (MOL) today announced the incorporation of a strategic joint venture (JV), Jules Nautica Sdn. Bhd. This JV will lead the development and act as the ul

KR (Korean Register) signed a memorandum of understanding (MOU) with HD Hyundai Samho on June 11 to jointly develop AI-based solutions for innovation in ship design and analysis. This partnership is a part of a broader digital transformatio

Bergen Tankers and Equinor have signed a long-term charter agreement for two oil/chemical tanker newbuilds with an electric propulsion system, which aim to set a new standard for low emissions at the Norwegian Coast. The Norway-based compan

Ocean Network Express (ONE) announced today the naming of ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming ceremony took place at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd.

LNG, LPG, ammonia, and methanol. With a continuously expanding fuel pump program, Svanehj is accelerating its contribution to the energy transition of shipping. The rapidly growing interest in cleaner ship fuel has accelerated the sales of

Swiss marine power company WinGD is to deliver X-DF-A ammonia-fuelled engine designs for four newbuild medium gas carriers (MGC) to be built by HD Hyundai Mipo for Trafigura, a market leader in the global commodities industry. The 45,000m3

China-Greece Shipping Agora Convenes in Piraeus as China PI Club Launches CPI Services (Hellas) On June 12, 2025, the China-Greece Shipping Agora China PI Club Reception took place at the PPA Grand Auditorium in Piraeus, Greece. Organized b

Following its full classification services for Adora Magic City ,Chinas first domestically built large luxury cruise ship, LR has entered strategic cooperation with China Cruises, leveraging both local project experience and global technica

Procureship, the leading e-procurement platform for the maritime industry, has secured a strategic growth investment from True Wind Capital, a private equity firm renowned for backing high-growth technology companies. This partnership will