The Panama Canal Authority has extended for the second time ongoing maintenance on the waterways east lane at the Gatun Locks through July 17, pushing the maintenance window seven days past the original July 4-10 expected outage. The planne

Mission Critical Electronics (MCE) , a California-based designer and manufacturer of premium electrical power solutions for specialty vehicle, marine, network and industrial markets, is announcing its acquisition of ZeroRPM . A pioneer in a

Decarbonization is now one of the most critical challenges for the maritime industry apart from the global pandemic COVID-19 and oversupply of ships. The pathway is already there and industry players are taking the necessary steps to reach

CIMC Sinopacific Offshore Engineering, a subsidiary of CIMC ENRIC, and China Merchants Jinling Shipyard (Nanjing) signed signed a contract for 4 sets of 2000m LNG fuel tank project. The four sets of LNG fuel tanks will be used in the four 7

On July 14, the 115,000DWT crude /product carrier No. 1 MAERSK SILVIA built by Dalian Shipbuilding Industry for Maersk Tankers was signed for delivery. This ship is the fifth ship in a series of 10 ship projects built by DSIC for Maersk Tan

Figure 1: Approximate location of all incidents in the Singapore Strait, January-June 2021 (Source: ReCAAP) Global piracy and armed robbery numbers decreased in the first half of 2021, according to the International Maritime Bureaus Piracy

COSCO SHIPPING Ports Limited, the worlds leading ports operator, is pleased to announce that, in accordance with the terms and conditions of the share purchase agreement for the acquisition of 20% of the shares of Red Sea Gateway Terminal C

We previously mentioned in our reports how coal could be the dark horse of the dry cargo market in 2021. We are starting to see this unfold as seaborne coal volumes are rising, and with smaller vessel classes occupied with booming minor bul

The Oil Companies International Marine Forum (OCIMF) is currently developing an updated and enhanced version of its Ship Inspection Report Programme (SIRE) tanker risk assessment tool, the ship inspection regime that has become central to s

Credit: Shutterstock The International Chamber of Shipping (ICS) has released a statement following the European Commissions proposed extension of the EUs Emissions Trading System (ETS) to cover the international shipping sector. Guy Platte

Shipping will be included in Europes emissions trading system (ETS) and costs for polluters are set to rise under Brussels plans to meet the European Unions climate targets, the European Commission said on Wednesday. The EU ETS, which force

On July 13, the first domestic dynamic positioning shuttle tanker Bei Hai Xin Xi Wang independently developed, designed and built by COSCO SHIPPING (Qidong) Offshore was completed and delivered to North Sea Shipping. Bei Hai Xin Xi Wang is

On the morning of July 12, China Merchants Industry successfully held the arrival ceremony of MOLs first LNG carrier Grand Mereya. This cooperation is the first for the two parties to open a new chapter in the LNG ship repair business, open

On the evening of July 13, Ningbo Zhoushan Port and China Merchants Port both issued an announcement, disclosed the important equity cooperation between the two sides. As for China Merchants Port, it is planned to increase the layout of the

Chinas foreign trade climbed by 27.1 percent year-on-year to 18.07 trillion yuan ($2.8 trillion) during the first half of 2021, driven by robust demand due to the rapid recovery in major economies and the fast growth of cross-border e-comme