On August 18, the third ship Hyperion(H2737) of the 93,000m3 VLGC series built by CSSC JiangnanShipyard for PETREDECwas officially signed for delivery. [Photo: Jiangnan Shipyard] The 93,000m3 VLGC is the fourth generation VLGC boutique ship

Credit: Shutterstock Seafarers Life Line August 2023 Learning from OPM (Other Peoples Mistakes) Experiences Loss Prevention - Be Aware of Complacency and Over- Confidence I love loss prevention, mentoring people (walking with them to rose g

Orient Overseas (International) Limited (OOIL) announced a profit attributable to equity holders of US$1,128.7 million for the six-month period ended 30th June 2023, compared to a profit of US$5,663.6 million for the same period in 2022. Ea

Three major indicators for Chinasshipbuilding industry ranked the country first in the world, according to the latest data that measured the amount ofshipbuilding completed, the amount of new orders received and the amount of orders held. A

COSCO SHIPPING has been actively promoting the concept of zero-carbon green development. In the first half of 2022, Yangpu International Container Terminal witnessed an increase of 12% in its throughput. The terminal also provided shore pow

Qingdao Port recently saw a total of 450 vehicles manufactured by Chinese carmaker Changan Auto exported to St. Petersburg in Russia through the portsseaborne route. This was Shandong Port Logistics Groupsfirst time exporting Changans autom

Shanghai will build itself into a world-class cruise hub by 2035 and aim to draw in 3 million cruise tourists annually by 2025, according to the Shanghai Action Plan for Promoting the High-quality Development of the International Cruise Eco

CAIRO, Aug. 18 (Xinhua) -- The General Authority for the Suez Canal Economic Zone (SCZone) announced on Friday the success of fueling an international vessel with green energy methanol. The move is the first of its kind in Egypt, said the S

The Containerized Freight Index (Europe Service) futures contract, which started trading on the Shanghai International Energy Exchange on Friday, is part of the innovative attempts by the Chinese capital market to help shipping companies ma

End of an Era For product tankers, much of the past decades investment was focused on changing dynamics in the global refining scene. In short, the story of expanding capacity in the East, primarily driven by Middle East export refineries,

OnAugust 15, Jiangsu New Times Shipbuildingheld achristeningand delivery ceremony for the 33#50,000dwt Class II chemical tanker CL MARGUERITE DURAS of the TAURUS project of Shandong Shipping. The 33# 50,000dwt Class II chemical tanker has a

On AUG-14-2023,Evergreen Marine Corp. (EMC) held an official opening ceremony for the newly built Terminal 7 at Kaohsiung Port today. With the vision of new opportunities for the port and the provision of substantial enhancements to trade,

Shanghai International Energy Exchange (INE) on Thursday said the Containerized Freight Index (Europe Service) Futures Contracts (EC futures contracts) will be listed for trading on Friday. The futures reflect freight rates for containers s

Iron ore exports to China from Australias Port Hedland declined 8.02% from a year earlier to 37.21 million tonnes in July, according to the Pilbara Ports Authority. It was also 18.40% lower than June. The shipments to China accounted for 85

Chinas export containershipping price index dropped in July, data from the ShanghaiShipping Exchange shows. The average China Containerized Freight Index (CCFI) stood at 869.89 last month, down 5.3 percent from June, according to theshippin