The market for PCTCs continues to boom. After 2 ships at the beginning of the year, Anji COSCO SHIPPING returned to Jiangnan Shipyard, and ordered 3 LNG-powered PCTCs. The 7600 CEU dual-fuel PCTCs of Anji COSCO SHIPPING is independently dev

BACKGROUND Emission trading systems (ETS) are cap and trade schemes that permit the emission of greenhouse gases in exchange for allowances. Over time the quantity of allowances available to industry are reduced as an incentive to reduce em

The Upcoming78thSession Marine Environment Protection Committee (MEPC)meeting at the International Maritime Organization (IMO) is scheduled to be held on this monthfrom 06 10 June which will be an important meeting on agreeing on mid-term m

On 2 June 2022, China Merchants Port Holdings Company Limited, held an Annual General Meeting in Hong Kong. The AGM was hosted by Mr. Yim Kong, Executive Director and Managing Director of CMPort. Majority of the votes were casted in favor o

On June 6th, China Tourism Group held a leadership meeting. Authorized by the Organization Department of the Central Committee of the CPC,the responsible personannounced the decision of presidentof China Tourism Group:Mr. Wang Haimin was ap

On June 3, worlds first ICER dual-fuel engine 7x62DF-2.1, developed by CSSCPower (Group)was delivered in Shanghai. The 7X62DF-2.1 is equipped with the ICER system, which has a maximum sustained power of 15,400 kW and can reduce greenhouse g

The space supply of many routes was tight, and the composite index continued to rise Ningbo Containerized Freight Index: In the week ending May-27, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 3

Recently, the vessel M.V. TIAN SHENG HE, under COSCO SHIPPING Lines, was successfully connected with the 6.6kV shore power facilities at berth #208 of Jinzhou New Age Container Terminal Co., Ltd. for power supply. COSCO SHIPPING Technology

Container throughput achieves record in April despite COVID-19 resurgence Despite the COVID-19 resurgence in many cities of the country in April, Ningbo Zhoushan Port in Zhejiang province has ensured smooth operation of the logistics chain.

California port leaders expect imports to rise as Shanghai, home to the worlds busiest seaport, emerges from a two-month COVID-19 lockdown. The question is whether that release of pent-up goods will again swamp West Coast ports that have re

At a press conference held in advance of the Posidonia 2022 trade fair, DNV Maritime CEO Knut rbeck-Nilssen celebrated 100 years of the classification societys activities in Greece, while looking ahead to the possibilities of a decarbonized

In May 2022, eight significant amendments were agreed to update the landmark Maritime Labour Convention 2006 (MLC), including making onboard crew connectivity a requirement for ship owners. The new requirement come at a time when seafarer w

The Posidonia International Shipping Exhibition will be held from June 6-10 at the Athens Metropolitan Exhibition Centre. 1,929 companies from 88 countries will exhibit their products and services during Posidonia next week. A total of 24 N

On June 1, the first day of Shanghais full resumption of work and production, CMB Financial Leasing signed a total of 8 bulk carrier orders at two domestic shipyards. CMB Financial Leasing signed a contract for the construction of 4CROWN63

Recently, Wuchang Shipbuilding Industry and Shanghai SC Shipping signed a construction contract for two 7200 DWT stainless steel chemical/product tankers through cloud contract. The tanker is 111.4 meters long, 17.6 meters wide and 9.4 mete