OnMarch 28, CIMCGroup released its 2021 annual performance report. According to the report, CIMCs annual revenue in 2021is about 163.7 billion yuan, exceeding 100 billion yuan for the first time, a year-on-year increase of 74%. Its operatin

Jan Ole Huseby, EVP Global Head of Ocean Industries, DNB, assesses how the financial sector can help shipping and ocean businesses meet sustainable objectives, while offering expert analysis of todays, and tomorrows, key challenges and oppo

Vestdavit aims to make a big splash at Nor-Shipping by showcasing an actual full-size PLR-5000 davit on its corporate stand at the upcoming maritime exhibition in Norway. Normally mounted on the decks of naval or coastguard vessels for laun

OnMarch 28, ZhongGu Logistics released its 2021 annual report and dividend plan, as well as its first social, environmental and governance report. In 2021, the operating income of ZhongGu Logisticsreached 12.3 billion yuan, a year-on-year i

Photo: Aegean Shipping A newbuild aframax tanker Green Adventure was launched for Aegean Shipping at the Cosco Yangzhou shipyard in Chinas Jiangdu District on Monday. The 112,500 DWT crude oil tanker is scheduled to be delivered later this

CarrierYongxin 17started its maiden voyage from Rizhao Port on March 7, marking the official operation of the new Rizhao-Zhanjiang container liner route, which showcases the cooperation between Rizhao Port and Quanzhou Antong Logistic Co. T

The International Organization for Standardization (ISO/TC154) recently voted to establish a project for the Blockchain Marine Electronic Bill of Lading Data Interaction Process, with the project number of ISO NP 5909. Both Chinese and fore

Yangpu Port in south Chinas Hainan Province recently registered its first foreign-funded internationalship- the Ma Yue of XinlatShipping, with the port seeing increased appeal in the international market under Chinas plan on the constructio

The worlds largest electric cruise ship, the Yangtze River Three Gorges 1, developed in China, made its maiden voyage in Yichang, Hubei province, on Tuesday. The ship, which is 100 meters long and 16.3 meters wide, can accommodate 1,300 pas

Prices of steelmaking ingredients in China climbed on Tuesday on hopes for additional policy support to shore up the worlds second largest economy and biggest steel producer now battling a COVID-19 surge. The most-traded Dalian iron ore for

Vessels navigating in the Black Sea should note that there have been three recent reports of sea mines drifting in the area. On 26 March, an unidentified floating object similar to a mine or a bomb was sighted by a Turkish fishing vessel re

Aderco , a leadingfuel treatment technology specialistwith its roots originating from the maritime sector, has launched a unique and industry first app for iOS and Android, designed to support both onboard officers and crew, as well as shor

The global shipping industry is undergoing a revolutionary transformation, development ofdecarbonization will become a primary melody in the coming decades. As the heart of the ship, marine engines are the key to meet the challenge of decarb

C-Job Naval Architects, the independent ship design company, has today launched its new Cutter Suction Dredger (CSD) series and headlining the series is an innovative new self-propelled CSD concept design to showcase its possibilities. The

On March 29, China ShipbuildingTrading and Dalian Shipbuilding Industry jointly signed a new shipbuilding contract for 10 65 , 000 DWT bulk carriers withCITICFinancial Leasing. The ship has a total length of about 209.95m, awidth of 34.8m,