COSCO Shipping Holdings and COSCO Shipping Heavy Industry officially signed a contract for the methanol dual-fuel retrofit of two 13,800 TEU and two 20,000 TEU existing container vessels. photo from COSCO Shipping Holdings Upon completion o

Mitsui O.S.K. Lines, Ltd. (MOL; President CEO: Takeshi Hashimoto, Headquarters: Minato-ku, Tokyo) and Rio Tinto, a leading mining and metals company and largest dry bulk shipper in the world, signed the Partnership Agreement to enhance colla

Iridium Communications Inc. (NASDAQ: IRDM) a leading provider of global voice and data satellite communications, today announced COSCO Shipping, the worlds largest fleet of commercial vessels with 1,417 ships, has begun installation of Irid

photo by Xiangyu SOE Nantong Xiangyu Shipbuilding Offshore Engineering signed a contract with Xiamen Financial Leasing and COSCO Shipping Bulk for the construction of eight methanol READY 64,000DWT bulk carriers. In recent years, Xiangyu SO

Persistent missile attacks by Houthi on ships plying the Red Sea route have led to soaring emissions liabilities for shipping companies under the EU ETS as lengthy voyage diversions for Europe-bound vessels have multiplied fuel consumption,

Ocean Network Express (ONE) is pleased to announce the opening of its West Asia Regional Headquarters in Dubai. This strategic move aims to accelerate ONEs growth and expand its presence in the rapidly developing markets of the Indian Subco

To respond to the 2050 net-zero emissions goal, Yang Ming Marine Transport Corp. (Yang Ming) is taking a significant step by adopting sustainable biofuel to its fleet, starting at Hong Kong and Singapore on 7th and 8th March. In addition to

On the morning of March 8, 2024, Zhoushan Xinya Shipyard held the Steel Cutting Ceremony for 14000TEU MAERSK HALIFAX Methanol Dual Fuel Retrofit Project, marking the worlds first container vessel methanol dual fuel retrofit project entered i

Large fines as well as potential prison sentences are being imposed on vessels calling in Lome, Togo for alleged smuggling. Members and Assureds calling at Togo, particularly Lome, should be aware that fines of EUR 60 million to 130 million

On February 28, 2024, Hisense and SITC held the signing ceremony for the establishment of SITC Logistics Asean Company Limited in Qingdao, Shandong. Yang Xianxiang, CEO of SITC, Yu Zhitao, president of Hisense, and other relevant personnel

Attack on MV True Confidence - Joint Industry Satement Industry Associations express their deep concern over the tragic loss of life and injuries suffered by the crew of MV True Confidence in an attack in the Red Sea on 6 March 2024. The lo

INMARSAT MARITIME PARTNERS WITH ARAMCO TO TRIAL WORLD-FIRST OVER WATER 5G MESH NETWORK The 5G mesh technology aims to enable high-speed connectivity in challenging conditions, with trials planned to demonstrate range far beyond what was pre

COSCO Shipping Car Carriers which is jointly funded by COSCO Shipping Specialized Carriers, SIPG Logistics and SAIC Anji Logistics signed COA agreement with Shaanxi Heavy Duty Automobile Import Export on 6th March, getting its first COA in t

Shandong Port Group (SPG) held its 2024 business promotion conference and West Asia branch unveiling ceremony on March 1 in Dubai, United Arab Emirates (UAE), marking a major step forward in increasing its international presence and further

RightShip announces the launch of LSEG World-Check One, a major collaboration between RightShip and the London Stock Exchange Group (LSEG). This tool is designed to help users navigate the challenges of moving cargo in a complex and politica