Xinde Marine News, citing sources from Winning International Group, reports that Winning Consortium Simandou (WCS) and China Baowu Steel Group (China Baowu) have successfully completed the equity transfer for the Simandou Iron Ore Project,

The International Chamber of Shipping (ICS) Board of Directors has unanimously re-elected Emanuele Grimaldi, President and Managing Director of Grimaldi Euromed SpA, as Chairman of the Board. ICS represents 80% of the worlds merchant fleet a

The shipping community is appalled and deeply saddened with the tragic news that, yet another seafarer seems certain to have been killed in a drone boat strike on Wednesday 12 June while on board the MV Tutor in the Red Sea. We utterly conde

The marine tech company Frugal Technologies is advancing its class-approved Frugal Propulsion, a cost-, fuel-, and emissions-saving system for large vessels. The solution now also shows temperature, pressure - and vibration deviations, help

Ocean Science specialist Kongsberg Discovery is strengthening its industry-leading EK80 echo-sounder product family with unprecedented wide-band low-frequency capability that will enable customers across Governments, Academia, and Industry

In line with its focus on continuous improvement of its cloud-based SeaNavigator voyage-optimization solution, Weathernews Inc launched two new integrated AI tools the Berth Waiting Forecast for vessel operators and New Tonnage Finder for c

Background of Ships Using Shore Power in Chinese Ports The use of shore power on ships at port refers to the suspension of the use of ship diesel generators, and replace the ships diesel engine with shore-based power facilities to directly

V.Group (V.), the global provider of mission critical services to the maritime industry, is pleased to announce that a consortium led by STAR Capital (STAR) including Ackermans van Haaren (Euronext: ACKB) and others (Consortium) has signed

On June 14th, China Marine Bunker Supply Company (CHIMBUSCO), CGN New Energy, and COSCO Shipping Logistics Supply Chain signed a strategic cooperation agreement for the 20,000 Tons per Year Green Methanol Project in Balin Zuoqi. Located in

The Day of the Seafarer (25 June) recognises the vital contribution made by seafarers from all over the world to the global community. This year, the focus of the day is on safety tips at sea, a critical factor in seafarer wellbeing. MedSea

Lloyds Register (LR) and COFCO International, a global agri-business, are partnering on the development of a strategy to decarbonise the companys freight operations with a focus on emissions reduction technologies. The initial phase of the

On 14th June, China State Shipbuilding Corporations Hudong-Zhonghua Shipbuilding Group Co., Ltd., in collaboration with China Shipbuilding Trading Co., Ltd., signed a contract with Germanys Peter Dhle Schiffahrts-KG for the construction of

GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market, has entered into an agreement with Quadrant Pacific to acquire its agency business, formerly its network partner in New Zealand. This acqui

Following news that a seafarer has died and another has been seriously injured in the latest Houthi attacks on merchant vessels in the Red Sea area, INTERCARGO, the International Association of Dry Cargo Shipowners, extends its heartfelt sym

Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from Xeneta, the ocean freight rate benchmarking and intelligence platform, indicates sp