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

Daily crude steel output at key member firms of China Iron and Steel Association (CISA) stood at 2.32 million tonnes during April 1-10, rising 2.71% compared with the previous ten days, the CISA data showed. Daily production of pig iron ave

Bauhinia Spirit, the worlds largest FSRU sails into Hong Kong waters Named Bauhinia Spirit, the worlds largest floating storage and regasification unit arrived in Hong Kong waters yesterday (13 April). The vessel, which will be used to rece

[Photo: VesselFinder] Chinas coal import surge from last years low base during the first quarter this year is unlikely to continue in the months to come, as the import volume may fluctuate or show a decreasing trend amid the rise of renewab

Since the boarding of the Singapore-registered ship, SUCCESS 9, by unidentified persons on 10 April 2023, the Maritime and Port Authority of Singapore (MPA) has been coordinating with the ship owner and multinational agencies through the In

[Photo: Reuters] BEIJING, April 13 (Reuters) - Chinas imports of iron ore grew 14.8% in March from the corresponding month a year earlier, customs data showed on Thursday. The worlds largest iron ore consumer brought in 100.23 million tonne