On December 7, Hudong Zhonghua Shipbuilding and China Shipbuilding Trading joined hands with PetroChina International, COSCOSHIPPINGLNGInvestment (Shanghai) and COSCO SHIPPING Oil Transportation signed a contract for the construction of thr

Volvo Penta announces an advanced, hybrid solution for Hurtigruten Svalbards new sightseeing vessel, which will begin a pilot test in Svalbard in May 2022. The near-silent vessel has the potential to transform the sustainable tourism indust

On December 6, with the approval of the State Council, China Logistics Group was formally established. It is the largest logistics company in China and also a milestone in the history of Chinas logistics industry, opening a new chapter in b

On December 6, CDB Leasing announced that the companys five wholly-owned SPV companies entered into a ship sale and purchase agreement with the seller. According to the announcement, the buyer agreed to purchase five MR product tankers at a

On December 6, Chinese-Polish Joint Stock Shipping Company celebrated its 70th anniversary. On the same day, four 62000 DWT heavy-lift multi-purpose vessel TAI XING built by CSSC Chengxi Shipyard were christened and delivered, which also de

Qatars state-owned oil and gas company QatarEnergy and Chinese utility Guangdong Energy have entered into a long-term sale and purchase agreement (SPA) for LNG supply to China. Today, QatarEnergy announced the news via social media. Specifi

Among the mix of possible alternative fuels available for marine use, methanola chemical building block for hundreds of everyday productsis fast emerging as an attractive option for shipping companies looking to reduce their carbon footprin

Chinas Dalian Commodity Exchange will develop commodities derivatives related to trade, shipping and logistics in North-east Asia, including studying the feasibility of a North-east Asia crude oil futures contract, an exchange official told

Synergy Marine Germany GmbH, a subsidiary of the Synergy Group, signed an agreement to manage part of the bulk carrier fleet owned by Oldendorff Carriers, one of Germanys foremost shipowners and one of the worlds leading dry bulk operators.

Inchcape Shipping Services and Horizon Air Freight have jointly announced a new partnership that will streamline Inchcapes last-mile spares logistics and door-to-deck delivery throughout the Americas. The alliance is set to strengthen Inchc

On December 2, 2021, RINA issued Approval in Principle (AIP) certificate of marine ammonia fuel supply system to CSSC Marine Power, which is also the first AIP certificate of marine ammonia fuel supply system obtained in China. As the focus

Shipping has seen a significant improvement in safety over the past decade as higher standards of ship construction and operation have cut the number of casualties, but emerging risks from new fuels and digital technologies must be mitigate

On December 1, the 120,000DWT bulk carrier FORTE SO MARCELO built by DSIC Shanhaiguan Shipbuilding Industry for Empresa Naviera Elcano, S.A was successfully delivered. So far, DSIC Shanhaiguan Shipbuilding Industry has delivered a total of

Nor-Shipping remains committed to running a full-scale exhibition programme in January, inviting international and domestic maritime and ocean decision makers to showcase innovation, share knowledge and build crucial business partnerships.

The overall supply and demand relationship was stable, and the composite index rose slightly Ningbo Containerized Freight Index: In the week ending Dec-3, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) q