On August 16, the 12,000DWT semi-submersible salvage ship built by COSCO SHIPPING HEAVY INDUSTRY for Shanghai Salvage of the Ministry of Transport of China was delivered. It is the first semi-submersible salvage ship built by CHI. The Zhong

MISC announced its financial results for the second quarter ended 30 June 2022. Financial Highlights: Group revenue for the quarter ended 30 June 2022 was higher than the corresponding quarter ended 30 June 2021. Group revenue for the 6 mon

ABS latest advisory provides best practices for creating and using metadata for managing digital information to support the growing development and adoption of smart, autonomous and remote-control functions in the marine and offshore indust

This week, the report will focus on the state of the global freight market, the driving force, and where it will be leading to from an Asia perspective. The health of the global economies and markets has been all but impossible to ignore in

Has the industry been blinkered in its search for alternative fuels capable of enabling a deep sea zero emissions revolution? Is there a proven, silver bullet solution waiting to be explored, right now? Robert McDonald, Principal Engineer,

A fleet of three vessels, together carrying 33,000 tons of corn, wheat and sunflower oil, departed from Ukraine on Wednesday, the Ukrainian Sea Ports Authority said. So far, a total of 24 ships have left Ukraine under a grain deal signed la

Introduction Following the recent release of VV Aviation as a new VesselsValue brand, we revisit our comparative piece on Vessels versus Aircraft, to highlight the similarities and differences once again between the two asset types. Firstly

17 August 2022 : The Ghana Chamber of Shipping has become an associate member of the International Chamber of Shipping (ICS). Launched in 2018, the Ghana Chamber of Shipping champions and protects Ghanas maritime industry, working with Gove

17thAugust 2022, Dubai, UAE:As a result of the huge volume of last minute nominations for this years The Maritime Standard Awards, it has been decided to grant a final deadline extension. The aim is to make completely sure that everyone who

Capital Ship Management Corp. has become one of the first Greek shipping companies to be certified with the ISO 22301 Business Continuity Management by LRQA. Piraeus, Greece, August 17, 2022.Capital Ship Management Corp. (Capital) recently

As per the Chinese Ministry of Agriculture and Rural Affairs of P.R.C (MOA), the fishing ban in the East China Sea and the South China Sea between 2630N and12N will be lifted starting from 16 Aug 2022, see below illustration on different wa

The first SPV ship operating leasing business of CZBANK Leasing officially launched in Zhejiang Free Trade Zone. The leasing target is a new energy-saving bulk carrier for domestic voyages, with a single deadweight of 22,500 dwt. In March 2

Oslo and Paris, 17 August 2022. Marlink, the smart network solutions company, has unveiled Sealink 60, a new Ku-band VSAT service designed to meet the needs of smaller merchant, offshore and fishing vessels. Created in response to the growi

SITC International Holdings released its interim results for the six months ended June 30, 2022. During the period, revenue was approximately US$2.258 billion, a year-on-year increase of approximately 69.2%; Profit attributable to sharehold

17 August 2022 The Poseidon Principles enable financial institutions to align their ship finance portfolios with responsible environmental behavior and incentivize international shipping decarbonization. As the latest Signatory, CaixaBank c