On July 5, China COSCO ShippingCorporation andChina Unicom signed a strategic cooperation agreement through video connection. The two parties will further focus on the field of digital ports and shipping, and establish a comprehensiveand mu

On July 5, the Shanghai Shipping Exchange released the average time in port and berthing of ocean-going international container ships in the first half of 2022. In the first half of this year, the comprehensive service level of major Chines

MPCC has contracted two carbon-neutral 1,300 TEU newbuildings at Chinese-based shipyard Taizhou Sanfu Ship Engineering for delivery in the second half of 2024. The vessels come with a dual fuel engine setup which enables operation on methan

Vale has achieved a major advance in the adoption of alternative, lower-carbon fuels for shipping. A pioneering project developed by the company resulting in a design to incorporate multi-fuel tanks on iron ore carriers has received an Appr

The MV Portland Bay, a 28,446-dwt handysize bulk carrier owned by Hong Kongs Pacific Basin and flagged in the territory, became stranded off the Sydney coast, Australia on Monday (4 July). According to the latest intelligence issued by the

Ever Alot, the worlds largest container ship, berthed at the Meishan port area of Ningbo Zhoushan Port, one of the worlds top container ports, on July 3. Measuring 399.9 meters in length and 61.5 meters in width, the vessel can accommodate

July 5th, 2022.GTT announces that it has received, in the second quarter, an order fromits partner the Chineseshipyard Jiangnan for the tank designof three new LNGCs. As part of this order, GTT will design the tanks of the vessels, which wi

Insiders of the international shipping industry have predicted a further decline in shipping prices following the recovery of the global logistics supply chain from the pandemic and slow demand due to inflation in Europe and the U.S. The ye

The International Bunker Industry Association (IBIA), with support from BIMCO, launched an extensive online survey in February 2022 to identify to which extent the maritime industry stakeholders believe there is a need for a wider adoption

A recent claim handled by ITIC (International Transport Intermediaries Club) reinforces the need for attention to detail when making changes to an ocean freight booking. In this instance, a Colombian-based ship agent was asked to amend a bo

Guangzhou Shipyard International, the biggest shipbuilder in South China, is celebrating a high watermark in its history after delivering two of the worlds most innovative ships this week. The new vessels leaving the famous GSI shipyard, pa

WinGD has reported successful factory acceptance tests for the first two X-DF2.0 dual-fuel engines to feature intelligent control by exhaust recycling (iCER). The new technology enables further improvements to fuel consumption and emissions

Hanseaticsoft,part of Lloyds Registers Maritime Performance Services division, a leading provider of ship management software and Kaiko Systems, provider of a user-friendly data collection and analysis tool, today announced that they will be

Pacific International Lines (PIL) announced the award of a contract today to Yangzijiang Shipbuilding for the construction of four 8,000 TEU Liquefied Natural Gas (LNG) dual-fuel container vessels. These vessels will each be equipped with a

Benefiting from the continued prosperity of the bulk carrier and container ship markets, and the substantial reduction in losses of the oil tanker fleet, China Merchants Energy Shipping expects net profit in the first half of this year to in