China will lift the foreign ownership caps of certain shipping firms in the Hainan free trade port as part of efforts to boost the ports development, an official statement said Wednesday. The removal of the limits, effective from May 5, wil

Chinas first domestically developed offshore oil and gas extraction facility, the Subsea Xmas Tree, has been installed in the Yinggehai sea in South Chinas Hainan Province, China National Offshore Oil Corporation (CNOOC) announced on Wednes

China Marine Bunker（PetroChina） Qingdao (CHIMBUSCO Qingdao) has recently successfully delivered a bunker oil order for the worlds first 100,000-DWT aquaculture engineering vessel GUO XIN No. 1,, demonstrating CHIMBUSCOs brand strength w

China-based GCL System Integration Technology (GCLSI) has provided solar modules for Ocean Suns floating solar project in Albania, which will be expanded to 2MWp by the end of the year. Working jointly withOcean Sun, a Norwegian owner and d

The Baltic Exchanges main sea freight index rose for the ninth session in a row on Thursday, propelled by higher rates for capesize segment. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping ve

From 27 to 30 September 2022, Hamburg will become an energy hub for the world. For four days, at WindEnergy Hamburg everything at the trade show site will revolve around generating energy from wind and its exploitation. At the H₂EXPO CONF

Once again, SMM will be held in person from 6 to 9 September 2022. Scheduled for around four months ahead of the worlds leading trade fair, the international press conference provided the ideal opportunity for a high-quality panel of expert

International Transport Intermediaries Club (ITIC) warns all intermediaries such as brokers, agents and consultants to be fully aware of the parties they are working with to ensure all relevant sanctions are complied with. This is particula

Benjamin Strong, Director, Amver Maritime Relations, USCG NAVTOR has teamed up with the United States Coast Guard (USCG) to integrate AMVER into its innovative digital chart table software NavStation. The result is a simplification of a cru

On May 10, COSCO SHIPPING Energy Transportation announced that the company will participate in the proposal to invest in six LNG carriers and independently invest in the construction of two new LNG carriers. According to the announcement, C

At the recent BIMCO Ship Manager Advisory Panel meeting the main topic was not surprisingly, the ongoing negotiations about the future EU ETS. It was pointed out that BIMCOs established principle is that the commercial party responsible for

Chinas first large-scale water emergency response and rescue vessel, China Emergency Jiujiang, officially embarked on its test voyage Tuesday. The 47.15-meters, 9.8-meters wide ship is an integrated water emergency response and rescue platf

After the recent success of Nor-Shipping 2022 the clock is already ticking for the next outing of Your Arena for Ocean Solutions. Instead of the usual two-year gap, Nor-Shipping is aiming to get back on schedule after the pandemic, with the

ABS has expanded its global network of sustainability centers of excellence to China, with the addition of a fifth base in Shanghai. Located in key maritime hubs across the world Athens, Singapore, Copenhagen, Houston and now Shanghai, the

The container throughput of Shanghai Port exceeded 3.08 million 20-foot equivalent units (TEUs) in April, recovering to 82.4 percent of that of the same month last year, a transport official said Wednesday. During the first four months, the