The Norwegian export credit agency, Export Finance Norway (Eksfin) , is opening up new territory for state-backed financing with a cutting-edge solution that enables international customers to purchase ongoing services from a Norwegian expo

Canadian Pacific Railway Limited and Kansas City Southern today announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately

TheInstitute of Marine Engineering, Science and Technology (IMarEST)hasapprovedan accreditation fortwo degree programmesofferedbyDalian MaritimeUniversity (DMU), China, highlighting the Institutes commitment to championing the best provider

To further improve efficiency of its fleet, MSC will be deploying an air lubrication solution, the Silverstream System, on a substantial portion of its newbuild pipeline. The technology behind this air lubrication system allows the company

On September 22, one year after Chinese governments announcement of Carbon Emission Peak Carbon Neutrality, COSCO SHIPPING, together with Sinopec and China Eastern Airlines jointly held the certification ceremony of Chinas first voyage of f

With around 70 container ships loaded with cargo now waiting at anchor or drifting off the ports of Los Angeles and Long Beach, how deep of a hole are the terminals actually in? To answer that question, American Shipper analyzed data from t

The Baltic Exchanges main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rates across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax

Ten people died and five are missing after a boat capsized in the Zangke River in Liupanshui, Guizhou province, on Saturday afternoon. Most of the boat passengers were schoolchildren. The authorities are still carrying out rescue operations

Chinas metallurgical coal supply and demand during the 14th Five Year Plan period (2021-25) is expected to remain balanced, on the back of higher steel scrap usage expectations that could eat into coking coal demand, sources said this week.

Chinese shipbuilder Hudong Zhonghua Shipbuilding (HZS) has held a keel-laying ceremony for a liquefied natural gas (LNG) carrier built for compatriot shipowner COSCO Shipping Lines and energy firmChina National Petroleum Corporation (CNPC).

COSCO SHIPPING has been pursuing energy-saving, low-carbon green development by integrating the concepts of innovation, coordination, green, openness and shared benefits and sustainable development into the operation and management of the c

Since the beginning of this year, the international vehicle carrier market has recovered. China Merchants Jinling Shipyard (Nanjing) has received frequent good news by relying on the brand and reputation of ro-ro projects over the years. Ji

Hyundai Heavy Industries and Chinas largest offshore engineering equipment manufacturing company CIMC Raffles signed a contract for the construction of FPSO P-78 of Petrobras. CIMC Raffles finally won the contract after competing with two o

Lhyfe , renewable hydrogen producer and supplier has signed a partnership with AquaterraEnergy , a leader in global offshore engineering solutions, and offshore drilling contractor BorrDrilling to develop an innovative concept for offshore

Signatories of the Call to Action for Shipping Decarbonization urge world leaders to align shipping with the Paris Agreement temperature goal. The private sector is already taking important steps to decarbonize global supply chains. Now gov