With more than 195,000sqm of warehouses across the West Coast of South America, Maersk continues expanding its footprint in Latin America, adding value to customers supply chains. The new facilities in Chile and Peru are part of our investm

Singapores Port operator Temasek-owned PSA is mulling withdrawing its 20% stake in the ports business of Hong Kongs CK Hutchison, Reuters has reported. In a report based on the comments of two unnamed sources, Reuters maintains that PSA, th

SITC Cagayan / Source: VesselFinder SITC International Holdings, the holding company of Hong Kong-based intra-Asia carrier SITC Container Lines, has announced that its net profit went up by 67% on-year in 2022, to US$1.9 billion. The Hong K

China will pay more attention to the research and development of techniques and equipment used for deep-sea mining, according to a senior researcher in the countrys shipbuilding industry. Deep-sea mining has become a new frontier of interna

The United Nations High Seas Treaty is an international agreement aimed at regulating the use and exploitation of the worlds oceans beyond the limits of national jurisdiction. The treaty, first proposed in 2004, aims to provide a framework

The Chinese-built MSC Tessa, the worlds largest containership, was officially delivered on Thursday to MediterraneanShipping Company SA (MSC), which will operate the vessel on the worlds busiest freightshipping route between Ningpo port in

Energy saving and environmental protection will be the main development direction for Chinas containershipbuilding, said a containershipengineer on Thursday. Shanghai-based Hudong-ZhonghuaShipbuilding (Group) Co. Ltd. delivered a vessel wit

Why do an aging fleet and tightening environmental regulations present a golden opportunity for short sea shipping operators? This article looks at three compelling considerations that could give operators the edge when looking for the perf

One Month On With the refined products price cap now in place for just over a month, the changes in trade flows as a result are stark. Many longer haul voyages are yet to be completed, but this only points to a clear trend of Russia being f

Oslo, 10 March 2023. An industrial scale concept for a floating production unit to produce green ammonia has secured Approval in Principle (AiP) from DNV, affirming the technical feasibility of the design. The project is now ready to start

PETRONAS and TIGER GAS partnership advances with LNG bunkering business. The commemorative event was attended by (L-R): Head of PETRONAS Marines LNG Bunker Sales Mohd Firdaus Kamilrudin, Chief Representative of PETRONAS Beijing Representati

Nippon Yusen Kabushiki Kaisha (NYK), a leading Japanese shipping company, and FueLNG, a joint venture between Keppel Offshore Marine Ltd and Shell Eastern Petroleum (Pte) Ltd, have completed the first bunkering to an LNG-fueled pure car and

The ABS Chairman, President and CEO underscored the pivotal role of shipping in driving the global clean energy transition in a series of appearances at the energy industry conference CERAWeek. Christopher J. Wiernicki told the annual gathe

Ammonia, hydrogen, ethane and Dimethyl Ether (DME) are among the alternative marine fuels which may need future regulatory work. This assessment is the result of a regulatory mapping exercise conducted by the Alternative low- and zero-carbo

Cosco Shipping Bulk signed a strategic cooperation framework agreement with Tianyuan Manganese Industry Group on March 7. Cosco Shipping Bulk is the largest and professional bulk shipping corporation in the world, with more than 400 various