Zhang Liangang, a delegate to the 20th National Congress of the Communist Party of China (CPC), speaks during an interview at the Great Hall of the People in Beijing, capital of China, Oct 22, 2022. PHOTO/XINHUA Shandong Port Group Co Ltd,

Introduction Following a period of historically high freight rates, the Container sector is now experiencing a correction. The Container freight market is said to have peaked, as demand concerns linked to the health of the global economy ha

A China-built colossal ro-ro passengershipset sail on a trial trip in south China, amazing the world with its 2,500-passenger capacity and multiple functionalities to meet the recreational and catering needs. The Moby ro-ro passengership, h

Chinese shipbuilder COSCO Heavy Industries (Yangzhou) has launched a 114,000 dwt newbuild Aframax tanker ordered by Greek shipping company Aegean Shipping Management. The vessel, to be named, Green Anax, hit the water on October 22 at Cosco

The U.S. is exporting more LNG to Europe as a result of Russias war in Ukraine and cuts made to natural gas supplies ahead of winter, but there has been a buildup of LNG vessels waiting to unload at ports with European infrastructure unable

ITIC obtained overdue payment of a shipbroker members commission which the seller had refused to pay despite the successful completion of the sale and purchase of a ship. The shipbroker had acted as the buyers broker and had signed a commis

BIO-UV Groups maritime division and its engineering partner 3C Metal have completed the at-sea retrofit installation and commissioning of a low-flow ballast water treatment system aboardGreatship Maya. Greatship Mayais a multipurpose offsho

Recently, Maersk and MGI Tech held a strategic cooperation signing ceremony in Shenzhen. At present, Maersk and MGI Tech have cooperation in the fields of air, ocean shipping, inland transport services, overseas warehousing and distribution

Ammonia has emerged as a frontrunner in the future fuels debate for decarbonizing shipping with supporters buoyed by its readiness in comparison with other alternative fuels and its near-to-zero carbon count. But toxicity risks mean that am

AVON, OHIO manufacturer Advanced Polymer Coatings (APC) MarineLINE ship tank coating system has become the first protective lining to be approved onto Shells Cargo Handling Sheet to transport monoethylene glycol (MEG). APC marine manager Ca

Astomos Energy Corporation (Astomos Energy), Sustainable Energy Development Co. Ltd. (Sustainable Energy), and Nippon Yusen Kabushiki Kaisha (NYK) have agreed to a memorandum of understanding (MoU) to jointly study the establishment of a ma

Jose Maria Costa, Portugals secretary of state for maritime affairs, speaks at the opening ceremony for the Lisbon office of the China Classification Society (CCS), in Lisbon, Portugal, Oct. 20, 2022. Chinas shipping classification giant, C

On October 25, China State ShipbuildingCorporation released the announcement that JiangnanShipyard, a subsidiary ofCSSC, signed letters of intent for several major contracts. According to the announcement, Jiangnan Shipyard signed letter s

On October 20, AW Shipping Limited, a joint venture company jointly established by Abu Dhabi National Oil Company (ADNOC) and Wanhua, and Jiangnan Shipbuilding of CSSC, delivered first 86,000 m3 dual-fuel VLGC AL AIN. The ship is fully deve

Strategic Marine s 40m Gen3 Fast Crew Boat (FCB) designed by Southerly Designs of Australia in collaboration with Strategic Marine, is fast emerging as a favourite among marine services providers. A four-vessel order from new client Surya N