On August 7th, Jiangsu Watts Energy Engineering Co., Ltd. (WE) and Shanghai COSCO Shipping Heavy Industry Co., Ltd. jointly held the unveiling ceremony for their new factory at the WE Qidong base. This new collaboration marks a significant

Ocean container shipping demand from China to North America and North Europe continued to break records in June as importers rushed to protect supply chains amid the global disruption caused by conflict in the Red Sea. The latest data, rele

Ulsan Port Authority (UPA) has announced that it signed an equity investment agreement worth US$17.6 million with Hyundai Oil Terminal Corporation on 1 August 2024, to establish Koreas alternative marine fuel supply chain centered on Ulsan

Advanced AI-based network-protection across its shore-based offices is central to Wallem Groups ability to focus on ensuring the smooth operations of its managed fleet, says the groups general manager, Raymond Ho. Raymond Ho Advancing techno

COSCO Shipping Specialized Carrierss subsidiary, COSCO Shipping (Hong Kong) Investment Development Co., Ltd., will be investing in the construction of four 9,000-ton specialized liquid cargo vessels at Fujian Mawei Shipbuilding Ltd. This pr

Weathernews, a global leader in weather intelligence solutions, is excited to announce the signing of a new long-term TFMS (Total Fleet Management Solution) contract with Saga Welco, an esteemed international shipping company. This agreemen

SSY, the worlds largest independent shipbroker, has announced the appointment of Cato Espero to the newly created role of Offshore Project Director Head of Alternative Fuel Solutions, effective immediately. Espero, a decarbonization special

Today, Hegh Autoliners proudly announced the naming of Hegh Aurora, the first groundbreaking AuroraClass vessel, at China Merchants Heavy Industrys yard in Jiangsu, China. This marks a significant milestone in sustainable shipping, with Heg

Tianjin Maritime Safety Administration (Tianjin MSA) recently issued the navigation notice of Jinhangtong [2024] 0049. This notice announced the Ships Routeing System in the Central Waters of Bohai Bay (for Trial Implementation) (hereinafte

KR is proud to announce the successful delivery of the groundbreaking low-carbon sailing cargo ship SV Juren Ae (IMO no. 1021245) to the Marshall Islands Shipping Corporation (MISC) on 31 July. Built under KR class in South Korea, this inno

Veer and Fosen have signed a formal LOI to develop, construct, sell, and purchase two (2) firm units of wind powered and hydrogen assisted container vessels. We are delighted and excited that Veer has chosen Fosen to build the first zero em

West will be the first International Group Club to have a presence in Dubai emphasising the importance of this area to the Club, as well as its continued significance to the wider maritime industry. The office, located in DIFC, will be oper

On the evening of August 2, Antong Holdings Co., Ltd. (referred to as Antong Holdings or the Company) announced a significant transaction involving the leasing of vessels to Sinotrans Container Lines Co., Ltd. (referred to as Sinotrans Cont

ONE released the financial result for FY2024 1st Quarter (from April 2024 to June 2024). The revenue for FY2024 1st quarter was US$4,211million, up 12% from the same quarter of the last year, with net profit of US$779million (YoY +US$266mill

The Oil Companies International Marine Forum (OCIMF) has appointed bps Senior Vice President Shipping Lambros Klaoudatos as its new Chair. Lambros takes over the position from Nick Potter, who has been involved with OCIMF at board level sinc