Between January and August 2024, coal shipments to India rose 10% y/y, outpacing an 8% y/y increase in domestic coal mining. Thermal coal shipments were a key driver, supported by strong electricity demand and coal import mandates. During t

Marine pump specialist Svanehj is expanding its product portfolio for the emerging green ammonia market. This week at SMM in Hamburg, Germany, the company launches the worlds first high-pressure centrifugal pump for ammonia fuel application

On September 3rd, 2024, the hashtag#SMM Hamburg, one of the worlds largest and most influential maritime exhibitions, opened in Germany with a focus on maritime energy transition and digital transformation. Among the many exhibitors was Hua

In a remarkable leap forward for the shipping industry, Chinas COSCO Shipping Development has placed an order for 42 dry bulk carriers, with 22 of these vessels being built by Chengxi Shipyard Co., Ltd.. According to the latest details reve

GF Piping Systems, the leading manufacturer of plastic piping systems, is pleased to announce the appointment of WO as its Maritime Partner for marine markets across Europe, the USA, and Asia. This strategic partnership will enhance the ava

OceanScore, global provider of data and compliance management solutions for the maritime industry, has successfully closed an oversubscribed 5 million Series A financing round. The influx of new capital will enable the company to further de

Iridium Communications Inc. (Nasdaq: IRDM) today unveiled Iridium Certus GMDSS , a generational advancement in maritime safety, compliance, and communication. Building on the powerful capabilities of Iridium Certus technology, Iridium Certu

Were thrilled to announce a major milestone in maritime partnerships! On August 27th, in Hong Kong, Hengli Group and Wah Kwong Maritime Transport Holdings Limited officially signed an agreement to build two 114,000 DWT LR2 product tankers,

On the evening of September 2, Chinas shipbuilding industry announced a historic merger between two of its largest players, China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC). This merger, expecte

Image caption: Wrtsil will upgrade the exhaust treatment system onboard four vessels in Norwegian operator Color Lines fleet Color Line Technology group Wrtsil will upgrade the exhaust treatment system onboard four vessels in Norwegian oper

Cash-rich dry bulk shipowners returning from their summer vacations have enjoyed markets characterised by remarkable stability, with spot rates trading in atypically narrow ranges. Fleet dynamics have seen exceptionally low levels of vessel

Lloyds Register Group (LR), a global provider of maritime professional services and digital solutions, has reached an agreement to acquire Ocean Technologies Group (OTG), a leading trusted provider of human capital management and operationa

According to XINDE MARINE NEWS, Zhang Feng has been appointed as the Deputy General Manager and a member of the Party Leadership Group at COSCO Shipping Group. With a distinguished career spanning nearly three decades in the container shipp

In a groundbreaking announcement on August 30th, COSCO Shipping Development has unveiled its largest shipbuilding and leasing deal since its transformation into a shipping finance operator in 2016. This historic agreement involves the const

StormGeo, a global leader of weather intelligence and voyage optimization services and part of Alfa Laval, announced today the launch ofStormGeo FuelEU Maritime, a new solution designed to address the demands of the FuelEU Maritime regulati