V.Group (V.), the global provider of mission critical services to the maritime industry, is pleased to announce that a consortium led by STAR Capital (STAR) including Ackermans van Haaren (Euronext: ACKB) and others (Consortium) has signed

On June 14th, China Marine Bunker Supply Company (CHIMBUSCO), CGN New Energy, and COSCO Shipping Logistics Supply Chain signed a strategic cooperation agreement for the 20,000 Tons per Year Green Methanol Project in Balin Zuoqi. Located in

The Day of the Seafarer (25 June) recognises the vital contribution made by seafarers from all over the world to the global community. This year, the focus of the day is on safety tips at sea, a critical factor in seafarer wellbeing. MedSea

Lloyds Register (LR) and COFCO International, a global agri-business, are partnering on the development of a strategy to decarbonise the companys freight operations with a focus on emissions reduction technologies. The initial phase of the

On 14th June, China State Shipbuilding Corporations Hudong-Zhonghua Shipbuilding Group Co., Ltd., in collaboration with China Shipbuilding Trading Co., Ltd., signed a contract with Germanys Peter Dhle Schiffahrts-KG for the construction of

GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market, has entered into an agreement with Quadrant Pacific to acquire its agency business, formerly its network partner in New Zealand. This acqui

Following news that a seafarer has died and another has been seriously injured in the latest Houthi attacks on merchant vessels in the Red Sea area, INTERCARGO, the International Association of Dry Cargo Shipowners, extends its heartfelt sym

Ocean freight container shipping spot rates are set to increase further, but there are signs the recent dramatic growth may be slowing. The latest data from Xeneta, the ocean freight rate benchmarking and intelligence platform, indicates sp

This may creat more berths than expected for new ship orders！ 1：109 days ahead of the contractual schedule On the morning of June 13, China State Shipbuilding Corporations Qingdao Beihai Shipbuilding Co., Ltd., in collaboration with Chi

Annual casualty figures from INTERCARGO , the International Association of Dry Cargo Shipowners, highlight continuing improvement in the safety performance of the sector. The Associations Bulk Carrier Casualty Report records the yearly loss

On June 12, the groundbreaking ceremony for Chinas first comprehensive hydrogen energy port took place in Qingdao. Shandong Port Group announced its ambitious plan to develop a world-class marine port cluster, with the creation of a full-sc

Major Developments! China Merchants Energy Shipping (CMES) Plans to Control Antong Holdings, Introducing the New China Merchants Container Shipping In a significant move, China Merchants Energy Shipping (CMES) has announced its plan to cont

BERG Propulsion has won a contract covering the hybrid propulsion solution that ensure three wind-assisted Louis Dreyfus Armateurs (LDA) ro-ro vessels will maximize efficiency regardless of their mode of operation. Following delivery by Chin

Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2020 they are up 53%. During the same period, the order book has grown by 72%, reaching its highest l

Orient Overseas Container Line Ltd. (OOCL) celebrates the maiden voyage of its latest two 24,188 TEU mega vessels, OOCL Finland and OOCL Sweden. With the introduction of these two new vessels, OOCL has taken delivery of ten eco-friendly meg