Orient Overseas Container Lines (OOCL) entered into charter agreements on 22 October 2024 with Seaspan, to charter six brand new 13,000 TEU container vessels for a maximum aggregate amount of RMB 11.2 billion. The expected delivery of these

GTT has received, in the third quarter of 2024, an order from its partner the Chinese shipyard Hudong-Zhonghua Shipbuilding Co. Ltd for the tank design of a new LNG bunkering vessel for Ondimar Transportes Martimos, a company of the Ibaizab

INTERCARGO, the International Association of Dry Cargo Shipowners, has announced significant changes to its leadership following its Annual General Meeting. The new appointments will take effect from 1 January 2025. In recognition of their

From left to Right: Engebret Dahm, CEO; Klaveness Combination Carriers, Finn Amund Norbye, CEO; OSM Thome, Ernst Meyer, CEO, Torvald Klaveness. Photo courtesy of Torvald Klaveness. Torvald Klaveness announced today the sale of 100% of Klave

Advanced Polymer Coatings (APC), the Ohio, USA-based protective tank coatings manufacturer, is expanding its business in Asia in response to a surge in demand for its world-leading products. As the company ramps up to quadruple its manufact

Amasus, one of Europes leading players in the shortsea, bulk, general cargo, offshore and heavy lift segments, has signed a fresh eSAIL (suction sail) contract with Spains bound4blue. Under the new agreement, a 22-meter unit will be retrofi

Yangzijiang Shipbuilding, a major Chinese shipbuilder, is currently embroiled in a $835 million arbitration case in London, concerning the cancellation of 10 vessel orders valued at approximately $900 million. The arbitration involves Yangz

Procureship, provider of the worlds leading digital e-procurement platform, has signed a deal with Norwegian shipowner and operator BW LNG to bring its platform to support the groups procurement capabilities for its fleet of LNG carriers. T

The Global Centre for Maritime Decarbonisation(GCMD) and Hanwha Ocean today announced a five-year strategic partnership to advance maritimedecarbonisation in the areas of alternative low-/zero carbon fuels, energy efficiency technologies, a

Indian Register of Shipping (IRS), a globally recognized classification society, is proud to announce the signing of a Memorandum of Understanding (MOU) with SeaTech Solutions International (S) Pte Ltd, a Singapore-based maritime engineerin

Huanghai Shipbuilding Co., Ltd. has reached an incredible milestoneits 80th anniversary! Founded in 1944, this shipyard has grown from a small repair station into a major global player in shipbuilding. With cutting-edge technology, a vast p

On October 20, COSCO Shipping Group announced that four of its listed subsidiaries are initiating significant share buyback and shareholding increase plans. This strategic move underscores the Groups confidence in the future growth prospect

On October 17, 2024, COSCO Shipping Bulk signed a **Domestic Transportation Framework Agreement** with Fujian Guohang Ocean Shipping (Group) Co., Ltd. The signing ceremony was attended by key leaders from both companies, including Wang Yanp

COSCO Shipping Energy (CSE) is advancing its strategic expansion into the chemical and liquefied petroleum gas (LPG) logistics supply chain through a significant acquisition. CSE will invest approximately 1.261 billion RMB via its newly est

Hengli Heavy Industries has successfully achieved its listing through a major restructuring with Songfa Ceramics Co., Ltd. This milestone comes after Songfas acquisition of 100% equity in Hengli Heavy Industries, marking a strategic shift f