Asset Play Over the past few years tanker owners have watched containership values surge to unbelievable levels, whilst their own values have struggled against a backdrop of weaker transportation fuel demand following the pandemic. However,

JAKARTA, July 29, 2022 - Wintermar Offshore Marine has announced results for 1H2022. Total revenue was up 25%YOY to US$25 million, helped by higher chartered vessels revenue. Revenues rebounded in 2Q2022 by 39%QOQ as several vessels commenc

With the formation ofChina Merchants Energy Shippings comprehensive shipping business layout and the deepening of digital transformation, in order to build a digital headquarter and promote efficientmanagement, the companys new generationIn

On the morning of July 28, the signing ceremony for steel cutting of a 99,000 m3 VLEC was held by Jiangnan Shipbuilding for the Pacific Gas and Bank of Communications Financial Leasing. The 99,000 m3 VLEC belongs to the PANDA series indepen

On July 28, Zhonggu Logistics released its semi-annual report for 2022. According to the announcement, Zhonggu Logistics achieved in the first half of 2022: The operating revenue was 7.228 billion yuan, up 28.98% year on year; Net profit at

Paris July 28th, 2022.GTT has been grantedtwo Approvalsin Principle(AIP) from the leading classification society DNV for the design of a membrane type containment system for liquefied hydrogen (LH2) and for the preliminary concept design of

On July 17, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) issued the results of the business performance assessment of the heads of central enterprises for the year 2021 and the period between

A fully automated terminal, the first of its kind built in the Guangdong-Hong Kong-Macao Greater Bay Area, began operations on Thursday at Nansha port in Guangzhou, capital of Guangdong province. This is part of the fourth phase of the mode

The Turkish foreign minister said on Thursday that the Russian-Ukraine grain corridor deal could boost trust between the two sides if implemented properly. Mevlut Cavusoglu made the remarks in Istanbul during a press briefing following a me

Taipei, Jul. 28, 2022 Wan Hai Lines Ltd. held an appreciation ceremony for the delivery of WAN HAI 296 and the completion of 2,038 TEU series containerships today (July 28). Due to the COVID-19 pandemic, a physical ceremony was replaced by

Martin Fruergaard, chief executive of Pacific Basin Hong Kongs Pacific Basin Shipping, a leading player in the minor bulks sector, netted US$465.1m net profit for the first six months of 2022, a record result for the company. In the first h

Global coatings pioneer Nippon Paint Marine has added a new anti-corrosive universal primer to its E-Marine range of paints. E-Marine 2000 is the Japan-headquartered companys first general-purpose epoxy primer manufactured in China for the

From July 2022 Vitol Bunkers has extended its bunkering services to Jebel Ali (the largest container port in the Middle East) and to Port Rashid Cruise Terminal, Dubai. This represents another step by Vitol to address the supply requirement

At 3 PM on July 27, the State Council Information Office P.R.C held a press conference. At the meeting, Zhang Jianhua, director of the National Energy Administration, introduced that on the domestic front, the overall security and stability

July 28, 2022 Oslo, Norway Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing - and spot rates continue to weaken suggesting prices may have peaked.