SINGAPORE, 16 Aug 2022 PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and classification society Bureau Veritas (BV) to jointly develop an ammonia bu

Helsinki, Finland 18th August 2022: Norsepower Oy Ltd., the leading global provider of auxiliary wind propulsion systems, today announced a contract with Dalian Shipbuilding Industry Co. Ltd. for delivery of single Rotor Sails onboard two n

On August 18, Yang Ming Marine Transport Corporationannounced that it had ordered 18,600 containers, with a total transaction amount of $95 million - $105 million. In March, YangMing bought 20,000 containers for $110 million to $120 million

South American spot rate gap set to narrow as shippers take advantage of lower Far East to West Coast rates The latest ocean freight rate data from Xeneta reveals that spot rates are currently USD 3700 more expensive for shipping 40 contain

On August 17, Xie Chunlin, Chairman of China Merchants Energy Shipping paid a call on Gu Jinsong, Chairman of COSCO Shipping Bulk. Ding Lei, Vice President of CMES, Chen Xinchuan, President of COSCO Shipping Bulk, and Chen Yan, Vice Preside

On August 18, China State ShipbuildingCorporation announced thatMr.ShengJigangwas elected aschairman of the eighth board of directors ofCSSC. CSSC is a listed company, which manages many shipyards such as Shanghai Waigaoqiao Shipbuilding, C

Average container prices have declined by more than half from the last year in August as China picks up containerised trade volumes more recently, according to an analysis published today by Container xChange , a technology marketplace and

Hong Kong Secretary for Transport and Logistics Lam Sai-hung addresses a Singapore audience at yesterdays hybrid seminar Hong Kongs Secretary for Transport and Logistics Lam Sai-hung led a cohort of government and industry players in a hybr

COSCO Shipping Specialized Carriers Co Ltd, the worlds largest specialized shipping operator by fleet size, will add service routes from China to eastern regions of South America as well as Europe within this year to meet soaring transporta

Hypertension, or high blood pressure, can lead to stroke, heart and kidney disease and other serious medical conditions. A healthy diet, exercise and appropriate medication can reduce high blood pressure. Detection of elevated blood pressur

The countdown is on: From 6 to 9 September 2022 the Whos Who of the maritime sector will meet in Hamburg. For nearly 60 years SMM has been a magnet for shipowners, suppliers, shipyards and industry visitors from all around the world. Some t

Chinese Premier Li Keqiang called for efforts to support business startups and innovation, enhance opening-up and promoting employment during an inspection trip to the tech hub of Shenzhen City in south Chinas Guangdong Province on Tuesday

18 August 2022, Hong Kong - The board of directors of COSCO SHIPPING International (Hong Kong) Limited today announced the unaudited condensed consolidated results of the Company and its subsidiaries for the six months ended 30th June 2022.

OnAugust 17, Nanjing Tanker Corporation released the semi annual report of 2022. In the first half of the year, the company completed a total of 21.89 million tons of freight and 42.7 billion tons of freight turnover. The operating income w

Global Maritime Services Ltd. (GMS) has announced the launch of its new Marine Department, a marine advisory service for the offshore oil and gas sector. Customers will be able to take advantage of GMSs expertise to secure their Floating St