On November 6th, 2024, HD Korea Shipbuilding Offshore Engineering (HD KSOE) announced that it obtained Approvals in Principle (AIP) from Lloyds Register (LR) and the Liberian International Ship Corporate Registry (LISCR) for its ammonia car

Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container ships. Of these, 12 newbuildings each with a capacity of 16,800 TEU will be built by Yangzijiang Shipbuilding Group. These units will be used to

At this years ** China International Import Expo ( CIIE ) in Shanghai**, the Port of Hamburg showcases its dedication to green transformation under the theme, **Sustainable Development in the Context of the Energy Transition.** As China rem

Just ten months into 2024, shipyards deliveries of container ships have reached a new annual record. A total of 410 ships with a capacity of 2.5m TEU have been delivered, surpassing the previous full year high of 2.3m TEU in 2023, says Niel

(From left) Tor stervold and Klaus stervold of ECOsubsea, Arne-Kjetil Lian (Department Manager for Innovation Norway, Singapore), Kenneth Lim (Assistand Chief Executive at the MPA), Leif Trana, Norways Ambassador to Singapore, and Ole Chris

HE Leif Trana, Ambassador of the Kingdom of Norway to Singapore, Arne Fredheim , Research Director of SINTEF Ocean, Dr Sanjay Kuttan , Chief Strategy Officer of GCMD and Prof Lynn Loo , Chief Executive Officer of GCMD. Reducing energy consu

Pacific International Lines (PIL) is accelerating the renewal of its fleet with an order for another five 9,000 TEU liquefied natural gas (LNG) dual-fuel container vessels. The vessels will be built by one of Chinas leading shipbuilders, Hu

On November 1, Yantian Port Co., Ltd. (Yantian Port) announced the completion of a major capital-raising effort as part of its asset restructuring strategy. Yantian Port issued 913,758,995 new shares at 4.38 per share, securing a total of 4

At COSCO Shipping, innovation and sustainability go hand in hand. On October 30, 2024, COSCO Shipping Energy, in collaboration with COSCO Shipping Heavy Industry, unveiled a groundbreaking design for a 50,000-cubic-meter dual-fuel ammonia/L

On October 28, Shandong Shipping Corporation (SSC) took a significant step towards strengthening collaboration within Chinas maritime sector by signing a Deepened Cooperation Implementation Agreement with Sinopec Fuel Oil Sales Company and

After a remarkable 20-month consecutive rise, the China Newbuilding Price Index (CNPI) has registered its first decline in October 2024, edging down by just one point to 1,130. While the drop may seem minor, it could mark a potential turnin

T.S. Lines Ltd. ( 2510.HK ) has become the first Taiwanese shipping company to be listed on the The Stock Exchange of Hong Kong Limited , marking a significant achievement in the global capital market. Opening at HKD 4.18, the listing attra

On November 1st, Dalian Shipbuilding, in partnership with China Shipbuilding Trading, officially began construction on the worlds first methanol dual-fuel intelligent Very Large Crude Carrier (VLCC) for China Merchants Energy Shipping (CMES

On October 29, 2024, Hubei Jinyu New Energy Shipbuilding Co., Ltd. celebrated its groundbreaking ceremony, marking a significant advancement in the field of new energy vessels. The event was attended by over 500 guests, including local offi

The Transpetro contract win follows expansion by Marlink in South America as it responds to a strong energy market and growing demand for managed, integrated solutions from vessel owners and operators. (Picture: Transpetro) Marlink, the lea