Major Developments! China Merchants Energy Shipping (CMES) Plans to Control Antong Holdings, Introducing the New China Merchants Container Shipping In a significant move, China Merchants Energy Shipping (CMES) has announced its plan to cont

BERG Propulsion has won a contract covering the hybrid propulsion solution that ensure three wind-assisted Louis Dreyfus Armateurs (LDA) ro-ro vessels will maximize efficiency regardless of their mode of operation. Following delivery by Chin

Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2020 they are up 53%. During the same period, the order book has grown by 72%, reaching its highest l

Orient Overseas Container Line Ltd. (OOCL) celebrates the maiden voyage of its latest two 24,188 TEU mega vessels, OOCL Finland and OOCL Sweden. With the introduction of these two new vessels, OOCL has taken delivery of ten eco-friendly meg

On May 31st, #BAO-NYK Shipping Company Limited（#宝船航运）, a subsidiary of China Baowu Steel Group Corporation Limited, officially took delivery of its first Capesize bulk carrier, the BNS DONGSHAN. This marks a significant mileston

The World Shipping Council (WSC) today released its annual report on containers lost at sea, showing a significant decrease to 221 containers lost in 2023. While this is the lowest number recorded since the survey began in 2008, the WSC und

Lloyds Register (LR) is partnering with Chinese shipyard, COSCO Shipping Heavy Industry on the development of an 82,500 dwt bulk carrier design that will meet Unified Requirement (UR) E26, which governs the cyber resilience of ships. Issued

During the recent Posidonia Maritime Exhibition in Greece, Singapore-based Eastern Pacific Shipping (EPS) signed agreements with several Chinese shipyards for the construction of up to 20 new vessels. #### 16 Vessels with Fujian Shipbuildin

The London PI Club has announced its financial results for 2023/24, reporting an operating surplus of US$36.3m, strengthening its free reserves to US$149.8m. Gross Earned Premium increased by 4.5% from the previous year and withpositive und

Seacon Shipping Group Holdings Limited welcomed a new Kamsarmax bulk carrier, increasing its fleet size to 30 ships. This newbuild project marks the first collaboration between Seacon Shipping and Bank of China Financial Leasing Co., Ltd. (B

Pacific International Lines (PIL) has launched its learning and development centre of excellence, the PIL Academy , to provide training in maritime and transport logistics for all its employees. The academy aims to strengthen workforce capa

Swiss marine power company WinGD, Swedish marine technology leader Alfa Laval and the American Bureau of Shipping (ABS) will work with Korean shipbuilder K Shipbuilding (KSB) on the development of an ammonia-fuelled MR tanker design, under a

Amid rising global demand, technological progress, and new international environmental regulations, market watchers and shipbuilders predict that Chinas shipbuilding industry will contribute significantly to the countrys foreign trade this

KR has awarded an Approval in Principle (AiP) for the next-generation ammonia-fueled PCTC, developed by HD Hyundai Heavy Industries (HD HHI) with the participation of Hyundai Glovis and G-Marine Service, at Posidonia 2024. Currently, to addr

The ReCAAP Information Sharing Centre (ISC), in cooperation with its China Focal Point, the China Maritime Search and Rescue Coordination Center [MRCC] (Beijing), has concluded a Capacity Building Workshop (CBW) from 3 to 6 June 2024 held i