HyAxiom Inc., a leading global fuel cell and hydrogen solutions provider, today signed an agreement with Shell Plc (NYSE:SHEL) and other parties to power a deep-sea liquefied natural gas carrier with a HyAxiom-developed solid oxide fuel cel

Falling container freight rates may pose near-term asset quality and residual value risk to some Chinese leasing companies that have higher exposure to container ships, but the impact should be modest due to their diversified portfolio mixe

In the third quarter 2022, Hong Kongs Orien Overseas Container Line saw revenue increase by 16.9% to US$5.04bn, compared to the same period in 2021. The surge in revenue was in contrast to a 3.4% fall in loadings and 1.8% drop in loadable c

The Singapore Maritime Institute (SMI) successfully held the 12thEdition of the SMI Forum at the Orchard Hotel today. Themed Digitalisation and Artificial Intelligence: Sparking the Maritime Sector, the events Guest-of-Honour was Mr Chee Ho

Bidding Announcement Entrusted by the transferor (the Sellers)，we have scheduled to hold a public bidding online（www.shipbid.net）from 17:00 to 17:30 (Beijing Time) on November 03rd, 2022. 1. Bidding Object: MVGO PEGASUS（EX. NAMEBOKA

On October 10, COSCO SHIPPING Holdings released an expected growth announcement for the first three quarters of 2022. The companys net profit attributable to shareholders of listed companies in the first three quarters of 2022 will be appro

Parties to the treaties which regulate the dumping of wastes at sea have adopted an amendment to ensure that the dumping of sewage sludge at sea would be prohibited worldwide. The amendment to the London Protocol will remove sewage sludge f

Top Chinese yard group now able to offer wind propulsion options Landmark agreement to accelerate decarbonisation of shipping Anemoi Marine Technologies, a UK provider of Rotor Sails to the shipping industry, has reached an agreement with C

The successful operation of Haiji One, Asias first 300-meter deep-water jacket platform a structure pinned to the seafloor to support offshore oil and gas production facilities will enable China to develop its resources in a cost-effective

Paris October 10th, 2022.GTT has signed a Technical Assistance and License Agreement with China Merchants Heavy Industries-Jiangsu (CMHI-Jiangsu), a subsidiary of China Merchants Industry Holdings (CMI), one of the three leading shipbuildin

The Baltic Exchanges main sea freight index (.BADI) fell on Monday, pressured by a dip in the capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was down 17

On October 9, COSCO Shipping and SAIC Motor signed an agreement. COSCO Shipping plans to transfer 5.00% of the shares held by COSCO Shipping Holding to SAIC Motor by means of free transfer. Meanwhile, SAIC Motor plans to transfer its 5.82%

London, 10October 2022.Dedicated newbuild contracting by regional Mediterranean owners will have to increase in the coming years to replace ageing vessels removed from the fleet as progressively tighter environmental regulations come into f

According to the relevant documents of Shanghai Municipal Transportation Commission, from 0:00 on October 15, 2022 to 24:00 on October 23, Shanghai Port (except Yangshan Port Area) will suspend the port operations of explosives and radioact

Chinas reliance on imported gas is increasing despite government efforts to boost domestic output, creating an intensifying problem for both energy and national security. Chinas gas production increased by 6% in the first eight months of 20