After the market closed, CMES Shipping disclosed the performance for the first half of 2021 on Shanghai Stock Exchanges website. According to the Companys semi-annual report, affected by both the severe depression of the tanker market and t

Group Revenue of US$6,988 million Group EBIT of US$2,866 million Group EBITDA of US$3,113 million Operating Cash Flow of US$2,955 m illion Profit Attributable to Equity Holders of US$2,811 million Interim Dividend of US$1.76 per ordinary sh

GTTandCCS, the China classification society, have signed a Memorandum of Understanding (MoU) concerning a technical cooperationfor the application of GTT membrane technology. In the framework of this agreement,GTT and CCS will cooperateon t

CIMC Enric Holdings Limited announced that its subsidiary, Nantong CIMC Sinopacific Offshore Engineering Co., Ltd (CIMC SOE) has acquired the assets of Qidong Fengshun Ship Heavy Industry Co., Ltd (Fengshun Ship Assets). The acquisition wil

In July 2021, a new generation of ship management digital cloud platform V1.0 of CMES Shipping was officially launched. This represented another solid step on the road of building digital ships and intelligent shipping. The IMP cloud platfo

ERMA FIRST, an innovative Greek marine product manufacturer, has been developing ballast water treatment systems [BWTS] since 2009 As one of the most well respected BWTS specialists in world, they have successfully installed systems on a wi

Svanehj gets its breakthrough in the container ship market. Shipyard giants Daewoo Shipbuilding Marine Engineering and Samsung Heavy Industries have ordered deepwell gas fuel pumps for 22 Ultra Large Container Vessels. The market for large

Enables Alibaba.com Global Customers to Book and Purchase Sea Freight and Logistic Services from ZIM on Alibaba.com ZIM Integrated Shipping Services Ltd . , a global container liner shipping company, and Alibaba.com, the worlds leading B2B

Just-in-time arrivals will revolutionise how port calls are organised, but it is only the first step in the transformation as more port stakeholder systems deploy artificial intelligence. Just-in-time arrivals have become a hot topic as por

On 1 June 2021, China Merchants Port Holdings Company Limited, held an Annual General Meeting (AGM) in Hong Kong. The AGM was hosted by Mr. Zheng Shaoping, the Executive Director and Deputy General Manager of CMPort. Mr. Vincent Lu, Deputy

On May 20, Group Chairman Miao Jianmin paid an official visit to HKSAR Chief Executive Carrie Lam Cheng Yuet-ngor in Hong Kong. Carrie Lam said that China Merchants Group was a long-established enterprise in Hong Kong and had been deeply in

At 4:00 p.m. local time on May 5, the first Piraeus-Sofia Land-Sea Express Train with 29 COSCO SHIPPING containers departed from the Piraeus Container Terminal in Greece. After running for more than 40 hours, the train arrived at Dragoman S

The technology group Wrtsil will supply the Cargo Handling and LPG Fuel Supply Systems for two new very large gas carrier vessels (VLGC) being built for China-based Oriental Energy, a company mainly focusing on operation of PDH (Propane Deh

On May 6, COSCO SHIPPING and Hengli Group signed a strategic cooperation agreement in Dalian Changxing Island. Member of the Standing Committee of Liaoning Provincial Party Committee and Secretary of Dalian Municipal Party Committee Mr. Tan

At the 2021 Dongfeng Motor Brands Spring Ceremony held on April 17, COSCO SHIPPING, Dongfeng Motor Corporation, and China Mobile jointly announced the kickoff of strategic cooperation on self-driving vehicles for 5G smart ports. The three p