San Ramon, Calif., July 23, 2023 Chevron Corporation (NYSE: CVX) today provided second quarter 2023 performance highlights. Permian Basin production of 772,000 barrels of oil equivalent per day set a new quarterly record. Early 2023 Permian

Ambitious Targets The Maritime Environmental Protection Committee (MEPC80) took place in London in early July. A variety of different subjects were discussed, and measures adopted, rangingfrom matters related to the EEDI/EEXI calculations t

ABS announced it has joined an elite working group comprised of global maritime leaders to study onboard carbon capture technologies. The collaborative project brings together ABS, Diana Shipping Services S.A., Equinor ASA, GasLog LNG Servi

OnJuly 20, NewTimes Shipbuilding held a signing and delivery ceremony for the first 7,000TEU container ship built for EPS. [Photo:New Times Shipbuilding] [Photo:New Times Shipbuilding] EPS has ordered a total of seven 7,000TEU container shi

Taipei, Jul. 20, 2023 Wan Hai Lines Ltd. (referred to as Wan Hai) announced the completion of a 10-year NT$3 billion sustainability-linked shipping financing agreement with Standard Chartered Bank (referred to as Standard Chartered). This m

This years concentrated inspection campaign by port state control starts on 1 September 2023 and focuses on fire safety, both from a technical and operational aspect. The 2023 joint concentrated inspection campaign (CIC) by the Tokyo and Pa

TheOOCL Turkiyevessel, one of the largest container ships in the world, left Guangzhous Nansha Port ready to embark on the brand new Far East to Europe route, local media outlets reported on July 17. This vessel measures over 389 meters lon

Export volume of complete vehicles at Taicang Port in east Chinas Jiangsu Province hit a record high of 170,000 units in the first half of this year as driven by the countrys booming automobile industry, according to latest data released by

20 July, 2023. ROTTERDAM, Netherlands The International Maritime Organizations (IMO) recent deliberations at the MEPC80 highlighted both the opportunities and challenges confronting the shipping industry as it charts a course towards decarb

Piraeus, Greece, July 20, 2023. Capital Gas Ship Management Corp. announces the order of the two first-ever state-of-the-art 22,000-cbm liquid CO2 (LCO2) carriers at Hyundai Mipo Dockyard, S.Korea to be delivered in 2025-2026. The order of

Goa, India, Thursday 20 July 2023 The Clean Energy Ministerial (CEM) has today adopted the Clean Energy Marine Hubs Initiative (CEM-Hubs) at a summit in Goa, India. The first-of-its-kind platform brings together the private sector and gover

On July 18, the second 93,000m3 VLGCGAS NEPTUNEbuilt by CSSC JiangnanShipyard for SouthwestMaritime was officially signed and delivered. The 93,000m3 VLGC is the fourth-generation VLGC boutique ship type (Panda 93P) independently developed a

Singapore, 19 July 2023 A.P. Moller-Maersk (Maersk) is strengthening its omnichannel-fulfilment capabilities in Singapore, with World Gateway 2, a brand new 1.1 million sq. ft. facility being built in Jurong West. The ground-breaking ceremo

US soybean, maize, and wheat exports could fall 15% in 2023 due to droughts that affected harvests last year. However, the upcoming maize harvest may drive a recovery in US grain shipments from the fourth quarter onwards,says Filipe Gouveia

[Photo: Courtesy of Ningbo Zhoushan Port Group Co] Foreign port service providers are increasing their emphasis on collaboration with their counterparts in China, which remains a central focus of their global strategy, despite intensifying