On November 15, COSCO SHIPPING Lines joined hands with Bank of Communications to launch the online transmission of the original order bill of lading in tripartite trade through the blockchain-enabled eBL solution. It marked another success

On November 24, 2021, Zhoushan Changhong international and Greek ship owner navios again signed the construction contract of 2 + 2 5300TEU container ships through online signing. The delivery date of this series of ships is planned to be 20

COSCO SHIPPING Ports Signed the TCT Joint Venture Agreement and the Articles of Association of TCT Completion of the Acquisition and the Disposal Plans to Take Place in the Near Future COSCO SHIPPING Ports Limited, the worlds leading ports

The Board of Pacific International Lines (Pte) Ltd (PIL) announced that PIL will be making an early repayment to creditors who were subject to the Scheme of Arrangement (Scheme) which PIL entered into as part of its restructuring in 1Q 2021

A.P. Moller-Maersk, the worlds largest shipping company, is looking into the potential use of hydrogen as fuel for some vessels and is also in talks with some green methanol producers to secure supplies as it seeks to decarbonize its fleet,

Iron ore stretched a rally into a fifth straight session on Thursday, with the benchmark Dalian contract scaling a three-week high while spot prices rose above $100 a tonne, buoyed by improved sentiment towards Chinas property sector. The m

Near-ocean route market was hot, composite index stopped falling and rebounded Ningbo Containerized Freight Index: In the week ending Nov-19, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 3964.2

Alfa Laval and Orcan Energy have signed a cooperation agreement regarding sales of marine energy efficiency solutions based on Orcans Organic Rankine Cycle (ORC) technology. Decarbonizing the marine industry by 2050 will demand not only new

A deteriorating steel market in China is spooking the dry cargo market as the risks are growing that the worlds biggest importer is losing its appetite. Whilst official GDP figure show Chinas economy growing at 4.9% y/y in Q3, Capital Econo

At the Hong Kong Shipowners Association Annual General Meeting (AGM) held yesterday (24 November 2021), Mr Wellington Koo, of Valles Steamship Co Ltd, was elected Chairman of the Association. Mr Koo succeeded Mr Bjorn Hojgaard, of Anglo-East

Beng Kuang Marine Limited announced that its in-house team has designed and developed specialised dredging equipment for offshore tin mining activities. Highlights: - Designed and developed by its in-house team, the specialised dredging equ

On November 24, the15,000TEU container shipCMA CGMOSIRIS builtby ChinaShipbuildingTrading and Hudong-Zhonghuafor CMA CGMwaschristenedand delivered in Shanghai. CMA CGMOSIRIS is the third of the five 15,000TEU conventional power containershi

J.P. Morgan Global Alternatives, in cooperation with Havfram AS, has signed a letter of intent with CIMC Raffles in China to build a series of new generation wind power installation vessels. The wind power installation vessel ordered this t

Shipping is the critical enabler in the worlds transition to low carbon operations and needs Government support to ensure it is at the front of the queue for next-generation fuels. That was the message from ABS Chairman, President and CEO,

The ISCC CORSIA is a new scheme eligible for certification of Sustainable Aviation Fuels On November 12th,RINAissued the first ISCC CORSIA SAF (Sustainable Aviation Fuel) certificate in China toJiangsu Shenou Environmental Protection Techno