Recently, DNV and China National Offshore Oil Corporation(CNOOC)signed a strategic cooperation agreement at the 5th CIIE. In order to realize the dual carbon and promote the green and low-carbon transformation and high-quality development o

Leading global mutual protection indemnity (PI) insurer Standard Club has laid out its vision to support its members sustainability goals with the launch of its first sustainability impact paper. The London based insurer released the report

Various types of marine equipment, especially intelligent unmanned high-speed vessels, which are playing an important role in safeguarding the countrys maritime security and scientific research, are one of the highlights of this years Airsh

Yang Ming Marine Transport Corporation (Yang Ming) held its 379th Board Meeting on November 10th, 2022 to approve its 2022 Q3 financial report. The Companys consolidated revenues in Q3 totaled NTD 99.81 billion (USD 3.41 billion). Yang Ming

State-owned oil and gas company QatarEnergy has signed another long-term charter contract with a subsidiary of Japanese shipping company Mitsui O.S.K. Lines (MOL)for three newbuild liquefied natural gas (LNG) carriers. The contract includes

Hapag-Lloyd has concluded the first nine months of 2022 with an EBITDA of USD 16.6 billion (EUR 15.6 billion) and an EBIT of USD 15.1 billion (EUR 14.2 billion). At the same time, the Group profit climbed to USD 14.7 billion (EUR 13.8 billi

BIMCO has joined the Blue Visby Consortium to support research into practical solutions that help reduce the industrys greenhouse gas (GHG) emissions. The Blue Visby Consortium works to reduce greenhouse gas emissions from ships by about 15

Seasonal rains in Brazil have an impact on iron ore production as mining operations slow down. This year the rainy season is running ahead of schedule in Northern Brazil, a bad sign for Q1 iron ore exports. Soil moisture levels were above n

Barcelona, November 10th, 2022.bound4blue and MMSL PTE. LTD., a wholly owned subsidiary of Marubeni Corporation based in Singapore, have signed an agreement to install in 2023/24 four suction sails on the Crimson Kingdom, being the first wi

As many African countries transition to develop indigenous industrial and agricultural production sectors, demand is growing for a dedicated shipping company to provide a full range of maritime and logistics services for the mining, agricul

On November 9, Liaoning Port Co., Ltd. A nd ZIM Integrated Shipping Services signed a strategic cooperation framework agreement in Dalian. The two parties will establish a long-term strategic partnership based on the container and ro-ro bus

Forum Introduction Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, it would thoroughly implement the strategic deployment of CPCCentral Committee and the State Council on building China into a strong ma

SINGAPORE/SAN RAMON November 10, 2022 Chevron Corporation, through its Chevron New Energies International Pte. Ltd. (Chevron) subsidiary, and Mitsui O.S.K. Lines, Ltd. (MOL) today announced the signing of a Joint Study Agreement (JSA) on th

IMO will be present at COP 27, the United Nations climate conference which takes place in Egypt from 6-18 November 2022. IMO will highlight that international shipping is indispensable to the world and is a vital industry to support the UN

On November 7, the second 4600TEU container ship ZHONG GU NAN NINGbuilt by Yangzijiang Shipbuilding Groups New Yangzi Shipbuilding for Zhonggu Shippingwas successfully delivered and started its maiden voyage. The ship type is designed bySDA