On April 15, 2024, CCS President Sun Feng and his delegation visited Zhang Songsheng, Executive Chairman of Pacific International Lines (PIL) in Singapore. The two sides had in-depth exchanges on hot topics in the shipping industry such as

photo from Safe Bulkers Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, d

Two hydrogen-powered passenger ferries ordered by Norwegian transport company Torghatten Nord are set for Lloyds Register (LR) class following Approval in Principle (AiP) awarded in August 2022. Designed by The Norwegian Ship Design Company

In this report on Chinas energy transition one of the most detailed English language analyses yet available, and part of DNVs Energy Transition Outlook series - we explore how fast China will reduce emissions and transition to an energy sys

The Wrtsil 32M methanol-fuelled engine has received type approval certificates from several classification societies around the world. Wrtsil Corporation Technology group Wrtsil will supply the methanol-fuelled auxiliary engines for five ne

The CMA CGM Group, a global player in maritime, land, air and logistics solutions, is extending SEA REWARD, the first loyalty program for shippers, to the Asia Pacific (APAC). From today, shippers from 20 APAC countries can now get rewarded

photo from SUMEC Marine SUMEC Marine signed a strategic cooperation agreement with Wah Kwong on April 23rd, and both parties inked a contract for the newbuilding of two Crown 63 PLUS vessels. Hing Zhao, Executive Chairman of Wah Kwong, said

GTMaritime sees cybersecurity as decisive for data-driven opportunities By Richard White, Global Commercial Director, GTMaritime Richard White When I joined GTMaritime in September 2022, the growing prevalence and massive potential of low-E

photo from Jiangnan Shipyard On April 22, GAS CHANGJIANG, the first vessel of 99,000CBM VLEC series built by Jiangnan Shipyard for Wanhua Chemical Group, was officially named and delivered. Reportedly, 99,000 CBM VLEC is the largest capacit

GTT announces that it has received, in the second quarter of 2024, an order from an Asian shipyard for the tank design of eight new Liquefied Natural Gas Carriers (LNGCs) on behalf of a Middle Eastern ship-owner. GTT will design the tanks o

In the first quarter of 2024, global iron ore shipments rose 3.8% y/y on expectation of strong Chinese steel production which, however, failed to materialise. Iron ore supply has grown faster than Chinese demand which could lead to weaker sh

Hapag-Lloyd and Seaspan Corporation enter into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol. Following the engin

Conflict in the Red Sea has brought massive carbon emissions increases in ocean freight container shipping, according to data released by Xeneta. The Xeneta and Marine Benchmark Carbon Emissions Index (CEI), which measures carbon emissions

(From left to right) Dimitris Alexandros ZISIMOPOULOS, Sertica Solutions Sales Manager at RINA and Michalis Kontaratos, Financial Advisor Corporate Strategy for Pantheon Tankers Management and Alpha Gas. Pantheon Tankers Management and Alph

photo from Diana Shipping Diana Shipping Inc. (NYSE: DSX), (the Company), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it ha