Chinas flourishingshipbuilding industry is expected to need 13 million tons of steel this year, a record new high demand for steel, according to the China Iron and Steel Association (CISA) and the China Association of the NationalShipbuildi

[Photo: YIN LIQIN/CHINA NEWS SERVICE] Chinas first domestically built large cruise ship set sail on its second sea trial on Thursday, departing from a port in Shanghai on a voyage with 1,300 souls on board to run the final tests before inte

Piraeus, Greece, September 7, 2023. Capital Gas Ship Management Corp. announces the order for the worlds first two 88,000 CBM (㎥) very-large ammonia carriers (VLAC) with KSOE. The innovative vessels will be constructed at HD Hyundai Heavy

7 September 2023, London: The shipping industry will come together at a series of events during theUNFCCC Climate ConferenceCOP28. The major summit Shaping the Future of Shipping will be hosted under the patronage of His ExcellencySuhail Mo

Although overall Bulker sales have been more moderate so far this year, the volume of Capesize sales has been moving in the opposite direction to the rest of the sector with sales up there next to the historic highs of 2021. According to Ve

Singapore, 7 September 2023. At the third day of Gastech 2023, senior ministers, business leaders, and global climate specialists reached consensus on the steps required to develop new solutions to reduce carbon emissions and accelerate cli

7 September 2023 at 11.30 EEST. Technology group Wrtsil has signed a Technical Management Agreement with China LNG Shipping (International) Company Ltd. (CLSICO). The 15-year agreement will ensure operational reliability and provide mainten

SINGAPORE, 6 September 2023. The second day of Gastech 2023 has drawn to a close, with high-level participation from policymakers and business leaders from over 100 countries, enabling significant progress on the path to net zero. Discussio

On September 6, CSSC Qingdao Beihai Shipbuilding, ChinaShipbuildingTrading and Winning International Group held a signing ceremony for the construction of two 325,000 dwt ore carriers in Singapore. [Photo: BSIC] The two 325,000dwt orecarrie

After a year of plunging ocean freight rates, carriers appear to have turned the tide on the key China to US West Coast trade, driving up spot rates by 73% since the end of June. In a blow to shippers, many of whom have been reluctant to si

Barcelona, September 7, 2023 - bound4blue, the European technology developer of automated wind-assisted propulsion systems for the maritime transport based in Spain, has secured a 15.9M Series A funding round led by GTT Strategic Ventures ,

Abu Dhabi, UAE September 6, 2023: ADNOC has announced a final investment decision (FID) to develop one of the largest carbon capture projects in the Middle East and North Africa (MENA) region. The pioneering Habshan carbon capture, utilizat

HAIFA, Israel,Sept. 6, 2023/PRNewswire/ -- ZIM Integrated Shipping Services Ltd. , a global container liner shipping company, announced today a new operational cooperation agreement with MSC, the industrys largest carrier, encompassing seve

On September 06, 2023, Orient Overseas Container Line Ltd. welcomed another new mega containership into its fleet, OOCL Zeebrugge , the fifth eco-friendly 24,188 TEU vessel in a series of twelve. The vessel was named by Ms. SHI Lei, Deputy

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