Recently, Shandong Huachen Financial Leasing, a subsidiary of Shandong ShippingCorporation, and Everbright Financial Leasing have reached a strategic cooperation on new-building bulk carriers.They have collaborated to sign a contract for 12

Hong Kong based minor bulk specialist Pacific Basin revealed statistics during its latest quarterly trade update which have grown unfamiliar during the last three years of ever- improving figures. Core business average handysize and suprama

Masters and crews operating along the US/Canadian East Coast must maintain a good lookout for North Atlantic right whales and follow the speed restrictions in force at any given time. The North Atlantic right whale is one of the worlds most

SPGs representative office in Kazakhstan opensin Almaty on April 12.[Photo/WeChat account:Shandong-Port] Shandong Port Groups (SPG) representative office in Kazakhstan openedin Almaty on April 12. Over the past 10 years, China and Kazakhsta

[Photo: TANG KE/FOR CHINA DAILY] BEIJING - Chinas automobile exports registered strong expansion in the first quarter of this year, industry data shows. A total of 994,000 vehicles were exported in this period, soaring 70.6 percent from a y

Hybridization has emerged as one of the key strategies to address the environmental challenges facing the shipping industry. What can we learn from shipowners who invested heavily as first movers in this propulsion revolution, at a time whe

With its third company acquisition in just over two years, marine pump specialist Svanehj continues to expand its service solution business. This time by taking over California-based Complete Cryogenic Services, a specialist in service and

Oslo and Paris, 17 April 2023.Marlink, the smart digital solutions company, has signed an MoU to create a strategic partnership with Singapores Alpha Ori Technologies (AOT) to support shipowners, shipmanagers and charterers in collecting da

Seven people were killed in a safety accident at Weilong shipyard in Zhongxiang, Hubei province on April 14, Xinhua reported. Five others are in hospital with stable vital signs. According to the preliminary investigation, it is the operati

The Maritime and Port Authority of Singapore (MPA) and Shell Eastern Trading Pte Ltd (Shell) signed a memorandum of understanding (MoU) to expand collaboration on the maritime decarbonisation efforts in Singapore. The MoU was signed by Mr T

On April 14, Wisdom Marine Group announced that it will order three 40,000dwt Handysizebulkcarriers atOnomichi Dockyard. The new ships are expected to be delivered in 2026, with a cost of US$32 million each. Up to now, Wisdom Marines fleet

On the evening of March 28, CIMC released its 2022 annual results report. According to the report, CIMC recorded an annual revenue of approximately RMB 141.5 billion and net profit of RMB 4.6 billion. Although the revenue for 2022 was lower

Brazil is expected to start enforcing new seafarer identity requirements as ILO C185 takes full effect. As of 1 May 2023, it is anticipated that the Seafarer Identity Document (SID) issued in accordance with ILO Convention C185 will become

[Photo/WeChat account:Shandong-Port] TheEAGLE VALENCE, a large crude carrier (VLCC) powered by the liquefied natural gas (LNG), successfully completed unloading and disembarking at berth 90 at Qingdao Port on April 7, marking the first succ

(HOUSTON) ABS Wavesight , an ABS-affiliated software-as-a-service (SaaS) company, today announced a new alliance with ActZero, an award-winning managed detection and response (MDR) service provider, to help safeguard fleets from the growing