On September20, according to Shanghai Customs District P.R.China, 407 ships were exported from Shanghai in the first eight months of this year, up 40%year-on-year. According to Shanghai Customs District P.R.China, in the first half of this

OMV Norge, a Norwegian subsidiary of Austrias oil and gas company OMV, has contracted the Deepsea Yantai semi-submersible rig for drilling operations in the North Sea. The Deepsea Yantai is managed by Odfjell Drilling and owned by Chinas CI

Wrtsil Voyage, part of the technology group Wrtsil, has installed its cutting-edge SPECS solution onboard Selandia Seaways, a 197m ro-ro ferry owned and operated by DFDS, to augment crew situational awareness and enhance the safety and effi

Claus Gronborg Claus Gronborg has been appointed CEO of Maersk Product Tankers one of the largest product tanker owners in the world. Gronborg takes over the leadership of Maersk Product Tankers on October 1 from Christian M. Ingerslev. Gro

Foreship is marking its 20thanniversary with a publication celebrating its achievements and a sharp upturn in design and project management work for the cruise sector. The leading naval architecture and marine engineering company says that

The fifth annual Global Maritime Issues Monitor reveals that senior maritime decision-makers believe the maritime industry will be most impacted by the decarbonization of shipping and new environmental regulations in the next decade. At the

After a series of quiet and rather uneventful years for the upstream energy market, recent macroeconomic and socio-political developments have once again put upstream energy center stage. Energy supply still heavily depends on hydrocarbons

The International Union of Marine Insurance (IUMI) reports an increase in the 2021 cargo insurance premium base (from 2020) of 8% to USD 18.9 billion alongside an improvement in overall loss ratios. Speaking at this years Chicago conference

On September 17, the 14th China-ASEANSummitForum on Financial Cooperation and Development was held in Nanning. At the meeting, the Guangxi Branch of China Construction Bank signed the 14th Five-Year Plan strategic cooperation agreement with

The joint venture shipyard Yangzi-Mitsuihas been established for less than 3 years, and has delivered nearly 30 ships in total, with more than 39 orders in hand. The cooperation between Yangzijiang Shipbuilding Group, the largest private sh

On September 19, a Panamaxbulk carrier BLUE WAYSgroundedin the waters of Weihai. Twentyfive crewswere in distress. The Beihai Rescue Bureau of the Ministry of Transportof Chinadispatched rescue ships and helicopters to rescue all crewsin di

On September 18, the 110,000dwt LNG dual-fuel crude/producttanker No. 3 built by Guangzhou Shipyard InternationalforBOCOM Leasing, was delivered and set sail. The 110,000dwtLNG dual-fuel crude/product tanker is the first LNG dual-fuel crude/

Ukraines agricultural exports under a key grain deal reached 3.9 million tons, the Ukrainian Sea Ports Authority said Monday. So far, a total of 169 ships have left Ukraines Black Sea ports for countries in Asia, Europe and Africa under the

Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close. Source: Sxcoal The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact

Capesize The Capesize market made a revival this week, taking fortunes out of the red by rising the tide on values to be closer to the low-teens level on the 5TC. Far from being into smooth-sailing territory yet, the market doesnt seem quit