On November 9, CDB Leasing issued an announcement and reached an agreement with Zhongxin Shipping (Tianjin) on the purchase and charter of 16 bulk carriers. According to the announcement, the 16 wholly-owned SPV companies of CDB Leasing and

The very large crude oil carrier (VLCC) Tateshina, owned by NYK, was delivered. The vessel was built at Nantong COSCO KHI Engineering Co., Ltd. (NACKS) in China. By improving the shape of the ships bow, the wave-making resistance caused by

Roughly half of the emission reductions needed to reach the 2050 climate goals rely on technologies in early development, demonstration or prototype phases. Accelerating innovation in this decade is critical to bring these technologies to m

According to data tracked by SMM, 82 ships arrived at domestic main ports in November 1-7. Arrivals of cargoes are estimated to stand at 12.74 million mt, up 0.85 million mt from the previous week and down 1.59 million mt year on year. Ship

Shipping must raise its environmental targets, the International Maritime Organizations secretary-general said during the United Nations Climate Change Conference in an apparent nod to growing pressure from shipping companies and politician

Zero-emission fuels and vessels must start being deployed at scale over the next decade to achieve full decarbonisation of the shipping sector by 2050. Scaling the first pilots and demonstrations into industry-wide solutions will be challen

To better serve customers in the Eastern Hemisphere, Clariant is expanding its presence and commitment to the region, including Africa, Southeast Asia, the Commonwealth of Independent States, Europe, the North Sea, and the Middle East. This

On 6th Nov, MOBY FANTASY -- the first vessel of Moby Series, completed its undocking and was launched in GSI shipyard. It is a record-breaking roro passenger: 237m, Gross tonnage 67000, 550cabins, 2500 passengers, 3800lane meters for vehicl

On November 2, at the tanker shipping and trade dinner held in Athens, Greece, the selection results of the annual world-renowned tanker industry award Tanker of the Year 2021 were announced. The tanker Prospero built by Chinas Wuhu Shipyar

As matter of principle, the Asian Shipowners Association (ASA) strongly opposes any proposal for the unilateral or regional regulation of international shipping that may undermine the authority of International Maritime Organisation (IMO),

Viasat Inc. , a global communications company, and Inmarsat , a leading provider of global mobile satellite communications services,today announced they have entered into a definitive agreement under which Viasat will acquireInmarsat in a t

On November 4, the Marine Department of the Hong Kong Special Administrative Region (HKSAR) awarded several awards to a number of the affiliates of COSCO SHIPPING in recognition of their outstanding performance in pursuing Hong Kongs high-q

The Baltic Exchanges dry bulk sea freight index was little changed on Monday as an uptick in the larger capsize segment countered a dip in the panamax and supramax vessels. The overall index, which factors in rates for capesize, panamax and

On October 26, COSCO SHIPPING CEN-EXPRESS Service started its maiden voyage in Qingdao Port, Shandong Province. Since 2020, the international container shipping business has been confronting a growingly intense situation, as customers are g

Excellencies, ladies and gentlemen, It is an honour to address you at the closing ceremony of this important conference. I would like to express my appreciation for this industry initiative bringing leaders together in the sidelines of COP