On October 30, the christening ceremony of the fourth 2700TEU container ship SITC LICHENG built by Yangzijiang Shipbuilding for SITC International Holdings was held at New Yangzi Shipbuilding. On October 31, the ship SITC LICHENG left the N

On October 31, Shanghai International Port (Group) released its third-quarter report. SIPG achieved total operating income of 26.237 billion in the first three quarters of 2021, a year-on-year increase of 36.55%; The net profit attributable

After a pandemic slowdown last year, Chinas demand for gas appears to have returned stronger than before. In H1 2021, Chinas gas demand saw a 16% year-on-year increase, led by strong power and industrial demand. Underperforming hydropower i

The major oil and gas companies in China, the worlds largest natural gas consumer, are increasing their overseas gas supply to ensure a steady supply of power this winter. China Petroleum and Chemical Corp, also known as Sinopec and the wor

Torqeedo and Italdraghe today announced the joint development of an outboard, retractable electric propulsion system for commercial vessels in inland and urban waterways. The system combines Torqeedos Deep Blue high-voltage electric power s

MarineMax, Inc. , the worlds largest recreational boat and yacht retailer, announced it has acquired the assets of Texas MasterCraft. Texas MasterCraft is a full-service Dallas, Texas area towboat dealer that operates primarily from two loc

On the afternoon of November 1, 2021, China COSCO SHIPPING Corporation held a meeting of middle-level and above managers. The company announced the decision on the adjustment of the main responsible comrades of China COSCO SHIPPING Corporat

On October 31, China Shipbuilding Trading, a subsidiary of CSSC, and Hudong Zhonghua successfully delivered a 18,600 m3 LNG bunkering vessel Gas Vitality to MOL. This is also the second 18,600 m3 LNG bunkering ship built by Hudong Zhonghua

Indian Register of Shipping (IRClass) has announced changes to key organisational roles as the international ship classification society plans for considerable future growth. With the pandemic slowly recedingand businesses gradually return

On October 29, China Merchants Energy Shipping issued an announcement on cash acquisition of 100% equity of Sinotrans Container Lines and related transactions. According to the announcement, CMES intends to acquire 100% equity of Sinotrans

Specialist marine and energy insurer Standard Club is expanding its presence in the Asia-Pacific region with some key appointments and an enhanced suite of services. These include the launch of the Coastal Inland class in Asia and three sig

While reported incidents of piracy and armed robbery are down to their lowest level in decades, violence against crew remains high in many areas of the world. A Gard correspondent was recently called to attend onboard a ship where crew memb

The earsplitting sounding of the ships horn of container vesselCOSCO GENOAon Oct 26 signaled the debut of the COSCO ShippingCEN-EXPRESSservice on Oct 26 made its debut at Qingdao Qianwan United Container Terminal of Qingdao Port. The new ro

Urgent action to deploy scalable zero emission shipping fuels and technologies and increased attention to a wider set of ESG topics in the maritime industry was at the center of discussions over the past two days at the Global Maritime Foru

Patagonian Opportunity An often-overlooked part of the global shale picture is Argentinas Vaca Muerta (Dead Cow) field; currently the worlds second largest commercial shale formation with an estimated recoverable 1.6 billion bbls of crude o