Hengli Heavy Industry Group Hengli Heavy Industry Group(hereinafter referred to as Hengli) has got another order for four kamsarmax, after signing an order for four same carriers on May 12 th . The contract signed recently between Hengli sh

On May 24, two 93,000m3 VLGCsbuilt by JiangnanShipyard, a subsidiary ofCSSC, for SouthwestMaritime were named GAS JUPITER and GAS NEPTUNE respectively. So far, JiangnanShipyard has built and delivered a total of 15 22K LPGcarriers, 99K VLEC

Photo: Courtesy of Qingdao Port Qingdao Port in East Chinas Shandong Province, an important energy import and export hub in China, recently completed the final inspection work for a newly-established crude oil storage project with the total

Paris May 24th, 2023. Ascenz Marorka , a GTT Group brand, announces that it has been awarded two contracts by JOVO, a China-based clean energy service provider, to equip two LNG carriers with its Smart Shipping solution. These contracts cov

Ship managers are urging the European Commission to follow the polluter pays approach when finalising legislation intended to reduce greenhouse gas emissions from shipping in European waters. They have highlighted concerns that proposed leg

[Photo: Global Times] A capsized Chinese deep-sea fishing vessel sank on Wednesday in the Indian Ocean, with seven bodies recovered so far and 32 missing, the Ministry of Transport said on Wednesday. The vessel sank at 2 am. Seven vessels c

Market drivers have created a significant opportunity for Wallem to grow a specialised area of business, according to Capt. Anurag Mathur, Managing Director, Commercial Services, Wallem Group. Capt. Anurag Mathur, Managing Director, Commerc

The Maritime and Port Authority of Singapore (MPA) previously updated that the Maritime Rescue Coordination Centre (MRCC) Singapore received information from the master of tanker MS ENOLA on 1 May 2023 at around 1600 hrs that they had rescu

Oslo, 23 May 2023: A subsidiary of KCC has entered into a Letter of Intent (LOI) with Jiangsu New Yangzi Shipbuilding Co. Ltd (YZJ) for construction of three third generation (CABU III) vessels for delivery in the period Q1-Q3 2026. The mod

One of the worlds biggest emitters of greenhouse gases, India aims to cut emissions to net zero by 2070, and the shipping minister said three of its ports would initially have bunker facilities for green hydrogen and ammonia. The initial po

SAN RAMON, Calif. and DENVER, Colo., May 22, 2023 Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with PDC Energy, Inc. (NASDAQ: PDCE) to acquire all of the outstanding shares of PDC in an all

[PHOTO by FU XINCHUN/FOR CHINA DAILY] Experts highlight its supportive role in regional development, global trade Boasting geographical advantages by being located near Bohai Bay, Cangzhou home to Huanghua Port in Hebei province is expected

Economy: Chinas imports and exports are softening after the first quarters strong recovery from the reopening of covid-19 lockdown, and weak Chinese demand pushed iron ore prices to a low level. Interest rates raised to one of the highest l

Taipei, May. 22, 2023 Aiming to improve the efficiency and quality of customer service, Wan Hai Lines established a non-port office in India for the first time in view of the huge domestic demand in the Indian inland, declaring its determin

On May 18, Xiamen ITGHolding Groupannounced a plan to issue additional A-shares to unspecified parties, raising 3.7 billion yuan of funds, of which 604 million yuan will be used for the construction of six 6,000dwt dual fuelbunkering ships