Chinas largest crude production base, located in Bohai Bay, has produced more than 500 million metric tons of oil and gas equivalent so far with annual production gradually rising each year, said its operator China National Offshore Oil Cor

In an effort to spur the development of electric shipping and the battery technology required for the ships, Chinas Cosco Shipping will build and operate two 700 TEU electric containerships on the Yangtze River. Due for delivery in late 202

On March 8, COSCO SHIPPING Logistics and China Nuclear Industry Mechanical Engineering Co., Ltd. (CNECME) successfully completed the construction of a CO₂ stripper the heaviest and longest equipment (603 tons and 68.5 meters long) under t

SMM data showed that a total of 70 ships arrived at major ports in China from March 14 to March 20, carrying 10.75 million mt of iron ore, up 470,000 mt on a weekly basis, but down 2.47 million mt from a year ago. In the same period, shipme

Progress on developing draft lifecycle GHG and carbon intensity guidelines for marine fuels and assessment of impacts of GHG measures has been made by an IMO working group. The session, held remotely, was attended by more than 430 participa

The worlds largest containership by TEU-carrying capacity has floated out with Nippon Paint Marine antifouling and anti-corrosion systems protecting the vessels 400m long hull. When delivered, the 24,000TEU class Ever Alot will be the first

The American people are looking for solutions to supply chain congestion resulting from the impacts of COVID-19. Unfortunately, the Ocean Shipping Reform Act of 2022, S.3580, which was marked up today by the Senate Commerce Committee, addre

On March 18,COSCO SHIPPING InvestmentDalian, a subsidiary of COSCO SHIPPING Group, and Shanghai Linker Groupjointly acquired the equity of Hainan ZhaogangMarine, and the three parties signed an equity transfer agreement. This signing offici

GTT has received an order from its partner the Chinese shipyard Jiangnan for the LNG fuel tank design of four very large LNG-fueled container vessels, able to carry 14,000 containers each, on behalf of Pacific International Lines (PIL), a l

Chinas index of export container transport edged down in the past week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) went down 1.9 percent to 3,301.1, said the exchange. The

More than 90% of the goods traded internationally are shipped by sea, according to the Organisation for Economic Co-operation and Development, with maritime trade volumes set to triple by 2050. About 60% of those goods everything from appli

Chinas coastal bulk freight market increased in general demand in the week ending Friday, according to the Shanghai Shipping Exchange (SSE). The composite index for coastal bulk freight increased 3 percent week-on-week to 1,254.16, said the

Chinas ports recorded growth of cargo throughput in the first two months of the year amid the countrys steady economic recovery, data from the Ministry of Transport showed. Cargo throughput at ports came in at 2.36 billion tonnes in the two

The Seafarers International Relief Fund (SIRF) has launched a new appeal to the maritime industry to support seafarers and their families impacted by the crisis in Ukraine. TK Foundation have already generously donated $50,000 donation to t

New research has found that where cyberattacks in the maritime industry lead to a ransom payment, shipowners pay more than $3 million on average to the perpetrators. The report, which was produced by maritime cyber security company CyberOwl