Edinburgh, Scotland, 8 February 2023. Heavy Lift Projects Ltd (HLP), an innovation-led provider of offshore windfarm logistics, has completed a funding round with private investors and opened its first office in Edinburgh. Capercaillie (Inv

A mix of changing trade patterns, pandemic-related closures and strategic reorganisations has seen 8 out of 12 of Chinas top ports change national ranking during the pandemic. Qingdao, Rizhao and Lianyungang have been the main beneficiaries

HONG KONG, Feb 8, 2023 - (ACN Newswire) - On the closing night of 20 January, CIMC (000039.SZ) released 2022 results forecast. During the reporting period, net profit attributable to the parent was RMB3 billion to RMB3.8 billion, and net pr

Copenhagen 2022 was an exceptionally strong year for Maersk. The unprecedented financial results were driven by solid performance across all businesses during the abnormal market conditions in the first part of the year. As congestions ease

To mark the start of Capital Link Annual Greek Shipping Forum this week, we take a look at the Greek Maritime fleet using VesselsValue data. The infographic highlights the Greek fleet breakdown by vessel type, top owning nations, SP transac

ISKENDERUN, Turkey, Feb 7 (Reuters) - A fire that engulfed hundreds of shipping containers at Turkeys Iskenderun Port after massive earthquakes in the region have been extinguished, the defence ministry said on Tuesday, but it was not clear

On February 6, China Merchants Group (CMG) and CNOOC signed a strategic cooperation agreement in LNG in Beijing, to jointly develop green and low-carbon energy and achieve the goal of double carbon. According to the agreement, China Merchan

With China reopening its borders and the gradual recovery of cross-border travel, those in the cruise industry market say they are taking a hopeful look into the earliest possible reopening of Chinas cruise market, which was the worlds seco

Oil prices rose for a second-straight session on Tuesday, driven by optimism about recovering demand in China and concerns over supply shortages following the shutdown of a major export terminal after an earthquake in Turkey. Brent crude fu

February 7th 2023. A.P. Moller Maersks logistics operations and services continue to be impacted by the earthquake in Turkey and Syria, which hit the region on Monday 6 February 2023 and provoked a number of aftershocks. The Port of Iskende

The saddest truth for mariners in 2023 is that seafarer abandonment cases are rising. Beneath the cold statistics, the reality for crews is that those abandoned suffer unacceptable hardship. If you own a ship, manage one, or operate in any

The technology group Wrtsil has successfully retrofitted an inline shaft generator system on the Berge Toubkal, a cape-size bulk carrier owned by Singapore-based Berge Bulk. This is the marine industrys first-ever shaft generator retrofit,

The COSCO Shipping Heavy Industry (Guangdong) yard has announced that it will retrofit the main engines aboard two LPG carriers from the fleet of Tianjin Southwest Maritime Ltd., the Chinese liquefied-gas carrier operator. In doing so, it i

The Baltic Exchanges main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fifth straight session, dragged by weaker rates in panamax and supramax segments. The overall index, which factors in rates fo

Global ship manager pools expertise with independent ship broker to offer a unique package of services to assist ship owners and operators navigate and comply with regulations as shipping gears up for emissions trading debut. Wilhelmsen Shi