PPA S.A. announces the Full Year 2022 financial results, marking a consecutive year of growth with a turnover of 194.6 million compared to 154.2 million in 2021, indicating an increase of 40.4 million or 26.2%. Profits before taxes amounted

Seoul, 16 March 2023 DNV, the independent energy expert and assurance provider, is assisting KEPCO (Korea Electric Power Corporation) Research Institute in the development of a long-term offshore power grid plan to deliver renewable offshor

Down Under In recent years, Australias refining sector has undergone a profound structural shift. Refinery rationalisation and Covid-19 related demand pressure led to the closure of several struggling refineries, following a prolonged downw

A visitor takes pictures of Chinas first domestically built large cruise ship, which is set to be completed by the end of May. (YIN LIQIN/CHINA NEWS SERVICE) China has built enormous cargo vessels among other types of oceangoing ships. But

On March 14, Shanghai International Port Group (SIPG) signed a strategic cooperation agreement with Huawei. Since the signing of the Strategic Cooperation Agreement in 2019, the two sides have carried out cooperation in the construction of

China and the Association of Southeast Asian Nations (ASEAN) countries have agreed to carry out practical marine cooperation projects and jointly uphold peace and stability in the South China Sea, Chinese Foreign Ministry spokesperson Wang

On March 14, China issued a Plan to promote the development of sea-rail combined transport from 2023-2025. It aims to promote the green and low-carbon development of transport. By 2025, all major ports along the Yangtze River will have acce

A crane loads containers at Erenhot Port in North Chinas Inner Mongolia autonomous region. [Photo/Xinhua] China will intensify efforts to promote high-quality development in border and cross-border economic cooperation zones, according to t

The Federal Maritime Commission (FMC) has confirmed a fine of US$950,000 against Wan Hai Lines. The Taiwanese box line has also agreed to refund charges in a detention and demurrage case which dates back to 2021. The carrier is accused of v

ThePort of Los Angeleshas signed Memorandums of Understanding (MOUs) with the Port of Tokyo and the Port of Yokohama to collaborate on sustainability and environmental issues, including the establishment ofgreen shipping corridors. The agre

Seabourn Odyssey has been sold to Japans Mitsui Lines (OShea Butler photo courtesy of Seabourn Cruises) Carnival Corporations Seabourn Cruise Line in a surprise move today announced that it is selling its 14-year-old cruise ship, theSeabour

Overview BIMCO has launched the 25 by 25 pledge, a commitment by some of the worlds biggest shippers in the bulk sector to target moving 25% of their annual seaborne trade volume for at least one commodity using electronic bills of lading b

Leading digitalization and network technology providers sign MoU for research program designed to expedite digital transformation among mutual client base (Oslo, Paris and Houston) Marlink , the smart network and ICT solutions company, and

Seven companies join the Methane Abatement in Maritime Innovation Initiative A major cross sectoral initiative tasked with reducing methane emissions across the maritime industry has announced seven new membersat a Lloyds Register LNG Forum

Singapore, 16 March 2023 The Global Centre for Maritime Decarbonisation (GCMD) and MSC Mediterranean Shipping Company (MSC) announce their signing of a five-year Impact Partnership agreement. As the worlds largest shipping line, MSC has 730