Bal Peace / Source: VesselFinder China Merchants Commerce Financial Leasing (CMC Leasing), a lessor owned by Chinese state-owned conglomerate China Merchants Group, has bought its first container ship as it expands its shipping portfolio. C

UWL, an American-owned NVOCC and provider of 3PL services, has expanded its global presence with the opening of its first office in China in Shanghais Bund area. UWL will start servicing customers on 1 December 2022. 2021 and 2022 were year

Brussels, 30 November 2022 Late last night, the European Parliament, Council and Commission reached a preliminary agreement on maritime elements of the EU ETS. Including the maritime sector in the EU ETS will encourage shippings journey tow

The shipping sector is working on attracting women and younger talent while trying to combat the stigma associated with a working industry often referred to as outdated and old-fashion. A project commissioned by the European Community Shipo

Swiss marine power company WinGD has become the first marine engine designer to gain cybersecurity type approval for its engine control system, ahead of mandatory regulations due to enter force in 2024. Classification society DNV has grante

JAKARTA, Nov 30, 2022 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK), has acquired 2 units of 7000BHP Anchor Handling Tug Supply (AHTS), to be named SMS Sonnet and SMS Stanza. The two AHTS will be delivered by December 2022,

On November 29, ShellPenguins FPSO, the first cylindrical FPSO contracted byCNOOC Offshore Oil Engineering, was completed and delivered in Qingdao, which is the largest and most intelligent cylindrical FPSO in China. Penguins FPSOconsists o

On November 24, the opening ceremony of the Shenzhen branch of DNV Certification Chinawas held at the China Marine Economy Expo 2022. DNVisthe worlds leading classification society and a recognized advisor for themaritime industry. Its main

A.P. Moller - Maersk (Maersk) and IBM today announced the decision to withdraw the TradeLens offerings and discontinue the platform. TradeLens was founded on the bold vision to make a leap in global supply chain digitization as an open and

The UN Conference on Trade and Development (UNCTAD) in its flagship Review of Maritime Transport 2022 has called for increased investment in maritime supply chains. Ports, shipping fleets and hinterland connections need to be better prepare

Technology has advanced to such a degree that we can often rely more on automated systems than fellow humans to ensure a plane remains in the air. But certain situations require hyper-concentration by those responsible for operations. This

As the latest EU sanctions on Russian oil are coming into force in early December, we take a look at how the nearing sanctions are impacting values and trade within the Tanker and LNG markets. From the 5thof December, sanctions and price ca

A Partnership for Environment Management in the Seas of East Asia ( PEMSEA ) Regional Task Force meeting is taking place (23-25 November) in the Philippines. The goal of the meeting is to advance towards the establishment of a regional stra

We are seeking feedback on proposed changes to Marine Order 504. The proposed changes relate to crewing requirements and the introduction of minimum lifejacket wear requirements through the vessels risk assessment and safety management syst

With businesses around the world facing unprecedented pressure from the cost of energy and the urgency of climate change, a new report from the Energy Efficiency Movement shows that improving industrial energy efficiency is the fastest and