Copenhagen:A.P. Moller - Maersk (Maersk) delivered strong results in Q3 2022 with higher earnings in its three main businesses; Ocean, Logistics Services and Terminals, compared to the same quarter last year. Revenue increased by 37%, and b

Recently, a50,000DWTammonia fueled medium range oil/chemical tanker (MR) developed and designed by Shanghai Merchant ShipDesignand Research Institute of CSSC obtainedthe AIP Certificate issued by RINA. This is another new type of clean ener

TS Group and LC Logistics, respective holding entities for Taiwanese liner operators TS Lines and BAL Container Line, are going ahead with attempts to raise funds from the capital markets. Both groups have applied for an IPO on the Hong Kon

Orient Overseas Container Line Ltd. announced a newbuilding order of seven methanol-compatible 24,000TEU container vessels with expected delivery starting from the third quarter of 2026. The green fuel technologies to be applied on these ne

A leading architect of advances in maritime connectivity, GTMaritime CEO, Robert Kenworthy says shipping has security and bandwidth obstacles to overcome to get past its digital infancy. Digitalisation is changing the way vessels communicat

A search for 12 missing crew members was continuing yesterday after their cement carrier was reported sunk on Monday (31 October). Navigating with 17 Indonesian seafarers, the 10,000 dwt, Panama-flagged Xing Shun No 1, lost power 14 miles o

The Office of Investigations and Casualty Analysis has released Safety Alert 11-22 regarding an incident involving weaknesses within Dynamic Positioning Systems. Dynamic positioning (DP) systems1meeting equipment class 2 (DP2) and equipment

Recently, Maersk and TCL Industrial Holdings signeda strategic cooperationagreement in Guangdong. Both sides are industry leaders in green and low-carbon fields and will further cooperate in green transportation. In the past three years, th

Amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI enter into force on 1 November 2022. Developed under the framework of the Initial IMO Strategy on Reduction of GHG Emissions from Ships

On October 31, the 49,900DWT methanol dual-fuel chemical/producttanker No. 3, Chinas firstmethanoldual-fuel powered ship built by GuangzhouShipyard International, a subsidiary ofCSSC, for Swedens PromanStenawas successfullydelivered. This i

Chinas shipbuilding industry continued to lead globally in the first three quarters of this year, boasting the biggest international market share in terms of output and new and holding orders, official data showed. The countrys shipbuilding

Dalian iron ore prices rose on Tuesday on a technical support, after a steep monthly loss in October but poor demand outlook in China dented sentiment. The most traded January iron ore on the Dalian Commodity Exchange (DCE) closed up 2.5% a

A spokesperson of Chinas Embassy in Greece said on Tuesday the success of China-Greece cooperated Piraeus Port should inject confidence and inspiration among other cooperation partners of China in the region, as some European media outlets

1stNovember 2022, Dubai, UAE:The seventh annual The Maritime Standard Tanker Conference takes place on 16th November at the Atlantis, the Palm, Dubai. A high quality, topical and thought-provoking program has been put together that reflects

Guy Platten, Secretary General of the International Chamber of Shipping, commented: The Black Sea Grain Initiative has been a global success since it was first brokered, ensuring the timely movement of food to where it is sorely needed. We