Hong Kong Chief Executive John Lee unveiled the 2024 Policy Address, introducing major initiatives to elevate the citys maritime and port industries. Key highlights include: Establishing the Hong Kong Maritime and Port Development Board to

On October 15, 2024, Hainan COSCO SHIPPING Development Shipping Co., Ltd. was officially established with a registered capital of 820 million RMB. The new company, led by legal representative Hu Buwei, will focus on general cargo transporta

On October 15, 2024, Dalian COSCO Shipping Heavy Industry, a subsidiary of COSCO Shipping Heavy Industry, signed a significant contract with Taiping Sinopec Financial Leasing and Sinopec Fuel Oil for the construction of two 49,900 DWT eco-f

On October 14, TS Lines (India) Private Limited has officially passed the Hong Kong Stock Exchange hearing, signaling its upcoming IPO debut! This marks a major achievement for the company, after multiple attempts at listing since 2018. TS

On October 15, Qingdao Ports second 400,000-ton ore terminal achieved a key milestone with the successful installation of its final block. This marks significant progress in the construction, ensuring the project moves closer to completion

On October 14, 2024, Shanghai International Port Group (SIPG) announced the appointment of Song Xiaodong as President and Liu Changman as Vice President, following the approval of these appointments during the companys third board meeting o

On October 15th, China State Shipbuilding Corporation (CSSC) and COSCO Shipping Group signed a strategic cooperation framework agreement in Shanghai. The signing ceremony was attended by Mr. Wen Gang, Party Secretary and Chairman of CSSC, M

Caption: Youri Hart, CEO Port IT, Erik Ceuppens, CEO Marlink Group and Sander Dekkers, CTO Port IT. Marlink, the leading managed services provider of business-critical ICT solutions has acquired 100% of Port-IT, a leader in cyber security s

Ocean Network Express (ONE) is pleased to announce the release of its Sustainability Report 2024. The report provides a summary of ONEs sustainability commitments and initiatives from 1 January 2023 to 31 March 2024, reaffirming the company

Pacific International Lines (PIL) has named its first two 14,000 TEU container vessels in a ceremony at Jiangnan Shipyard in China today. They are the largest vessels in PILs fleet as well as the first to fully run on Liquefied Natural Gas

In recent months, Chinese shipping companies have dominated the secondhand Capesize bulk carrier market, purchasing older vessels at a fast pace to expand their fleets. This aggressive buying spree has caught the attention of the maritime i

RightShip, the digital maritime platform providing expertise in safety, sustainability and social responsibility practices, today announced a change in its vessel inspection age trigger.In response to evolving market conditions and continui

On October 14th, several A-share listed companies under China Merchants Group announced significant stock buybacks and shareholder increase plans, totaling billions of RMB! This strategic move involves companies like China Merchants Port, C

Chinaland Shipping has officially entered the Capesize market with the addition of its first Capesize vessel, MV CHINAFRIE LUCK（ex MV. China Peace）, to its operational fleet on October 11th. This marks a significant strategic shift for

On October 14th, a grand naming ceremony was held for U-Ming Marines latest Crown 63 PLUS bulk carrier, built by Sumec Marine and New Dayang Shipbuilding. Zhao Weilin, Sumec Group General Manager, emphasized that despite global uncertaintie