Executive chairman Wah Kwong Transport Holdings Hing Chao addresses HKSOA members at the Spring Lunch 2023 In February this year the Hong Kong Shipowners Association held its annual lunar new year gathering at a downtown hotel. As the many

Dalian iron ore futures extended their gains to a third session on Wednesday, underpinned by prospects of tighter supply of the steelmaking ingredient and optimism over steel demand in China. The most-traded May iron ore on Chinas Dalian Co

The Baltic Exchanges main sea freight index edged up on Wednesday on higher rates for capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk comm

Ijmuiden, Netherlands, 29 March 2023- Automated vessels are a new horizon for the shipping industry and the start of a new chapter in its long history. With strong experience in marine automation, RC Dock has achieved a milestone with class

Korean Register (KR) has signed a memorandum of understanding (MOU) with Microsoft Korea on 28 March to collaborate on digital transformation and enhance their technological capabilities, with the aim of leading the digital transformation o

The Maritime and Port Authority of Singapore (MPA) is collaborating with Bluenergy Solutions, to launch a Proof of Value (POV) project to harness hydrokinetic energy off the island of Pulau Satumu, Singapore, as an alternative to the transp

On the evening of March 28, China International Marine Containers (CIMC) released its 2022 annual results. According to the report, CIMCs annual revenue in 2022 was about 141.5 billion yuan (RMB) and net profit reached 4.6 billion yuan. Acc

On March 29, 2023, Seacon Shipping Group HoldingsLimited successfully listed on the main board ofHong Kong Stock Exchange, becoming the first Hong Kong-listed shipmanagementstock. Established in 2012, Seacon Shipping is an integrated shippin

LONDON, UK,March 28, 2023/CNW/ - Seaspan Corporation, a wholly owned subsidiary of Atlas Corp., announced that the Company and Poseidon Acquisition Corp. (Poseidon) an entity formed by certain affiliates of Fairfax Financial Holdings Limite

Standard Chartered was appointed to lead a USD89.6 million sustainability-linked loan (SLL) for Vista Shipping, a joint venture between Hafnia and CSSC Shipping Hong Kong, to finance the purchase of its first pair of liquefied natural gas (

Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, today held a launch ceremony for a demonstration test ship for transport of liquefied carbon dioxide (LCO2), to be utilized in conjuncti

A reported spike in drug smuggling incidents in Mexico reminds of the importance of preventative measures. CorrespondentsPI Services Mexicoreport that 2023 has seen a notable increase of narcotics related incidents in Mexican east coast por

Danish shipping and logistics services provider A.P. Moller-Maersk will continue to pursue opportunities to maintain robust growth in China across the full spectrum of the logistics chain, said its top executive. After launching an air frei

The World Shipping Council (WSC) released a statement supporting the use of vessel-sharing arrangements (VSAs), which are being phased out under a new US law. The new U.S. law H.R. 1696 intends to eliminate these arrangements, thereby under

The International Organization for Standardization recently released a standard for international container transportation proposed by a research team from East China Normal University, which is set to bring a digital upgrade to the industr