On June 20, Hengli Shipbuilding (Dalian), a subsidiary of Hengli Heavy Industries, announced the signing of construction contracts for four 82,000 dwt bulk carriers and four 180,000 dwt bulk carriers. [Photo: Hengli Heavy Industries] It mar

SINGAPORE 25 June 2023 Yangzijiang Shipbuilding (Holdings) Ltd., a world-leading shipbuilding group based in China, and a Straits Times Index component company listed on the SGX Main Board, has been awarded a contract from Norway- based Kla

Economy: Experts forecast at least two more US rate rises to quell inflation. Meanwhile, China is cutting benchmark lending rates to stimulate its economic growth. The EU needs to catch up to America, from technology to energy to capital ma

NORDEN has recently placed a newbuilding order for six dry cargo vessels from Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS), a joint venture between COSCO Shipping and Kawasaki Heavy Industries, for delivery in the next two to three y

The noble aspirations to protect the marine environment celebrated by MARPOL at 50 are undermined when counterfeit parts are chosen for systems on board working ships, says Lars Nupnau, Head of Business Development at marine water specialis

5 Years Forward Last week the IEA published its much-anticipated Oil 2023 report, after being forced to cancel/postpone two of the previous three releases due to the pandemic and war in Ukraine. This years release is one of the few detailed

As the drive to protect our oceans gains momentum, INTERCARGO celebrates Day of the Seafarer 2023 which, this year, focuses on seafarers contributions to protecting the marine environment, in line with the World Maritime theme MARPOL at 50

Genoa, 22 June 2023-RINA has awarded an Approval in Principle (AiP) for a green retrofit package solution designed by the innovative naval architecture designer, AURELIA, in partnership withEconowind, Wattlab and Vertom. Using a series of i

Pacific International Lines (PIL) introduced a new weekly direct service connecting key ports in South Korea, China, Malacca Straits and Vietnam. The new service, known as Korea China Straits Service (KCS), will commence on 6 July 2023 from

With the peak ocean freight cargo season approaching, the latest data from Oslo-based Xeneta shows mixed fortunes, and outlooks, for the two main Far East to Europe trade corridors. Xenetas analysis reveals that shippers opting for the Far

By agreeing to an additional voluntary production cut within OPEC (Organization of the Petroleum Exporting Countries) of 500,000 barrels per day in May and announcing a further independent production cut of 1,000,000 barrels per day in July

On the Day of the Seafarer 2023, Wallem would like to express its gratitude to the many talented men and women worldwide whose unwavering commitment to their profession helps to keep ships sailing and goods moving. John-Kaare Aune Of course

The release of any international convention is a result of compromise between countries, industries and concerned parties, which will profoundly influence the inner logic of the industry and give riseto a number of related industries.Thebal

In a significant move signaling our commitment to sustainable maritime operations, we are thrilled to announce the addition of 6 Pure Car and Truck Carrier (PCTC) vessels to our fleet. The order was officially placed on June 15, 2023, with

[Photo: Guangzhou Shipyard International] On June 20, CSSC Guangzhou Shipyard International named and delivered the 49,500 DWT chemical/product tanker No. 1. The ship was named Forever Conviviality. [Photo: Guangzhou Shipyard International]