A newly renovated FPSO Carioca MV30 built by Dalian COSCO Shipping Heavy Industry has been put into operation and yielded oil for the first time at an oilfield operated by Brazils Petrobras. The vessel, currently the worlds newest, is the 1

While a continued downward trend in Somali piracy has prompted leading shipping organisations to reduce the geographic boundaries of the High Risk Area for piracy in the Indian Ocean, vessels transiting these waters must remain vigilant and

From January to June 2021, COSCO SHIPPING Holdings realized a net profit attributable to the shareholders of the listed company of RMB 37.098 billion, a significant increase from RMB 1.137 billion in the same period last year. The companys

The Maritime and Port Authority of Singapore (MPA) is organising the 8th run of the International Safety@Sea Week from 30 August to 1 September 2021. Organised annually by MPA for the international maritime community and top practitioners t

As part of the overall plan to strengthen the resilience of the community against COVID-19 and activities in port waters against the pandemic, Singapore will be rolling out the Sea Crew Vaccination Initiative or SEAVAX to allow eligible gro

Three yacht mariners rescued by the crew of CMA CGM T. ROOSEVELT in May 2020. A 25-hour search and rescue operation off the coast of Jamaica led by the CMA CGM vessel and its crew. CMA CGM emphasizes Safety First and solidarity at sea, supp

Chinas top offshore oil and gas producer, CNOOC, has launched the countrys first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 million tonnes of carbon dioxide. As one of the

China Merchants Port Holdings Company Limited announces the unaudited consolidated interim results of the Company and its subsidiaries for the six months ended 30 June 2021 together with the comparative figures for the corresponding period

Capturing Strategic Development Opportunities Continuing to Enhance Lean Operations COSCO SHIPPING Ports Limited, the worlds leading ports operator, announced the interim results of the Company and its subsidiaries for the 6 months ended 30

Container shipping is in uncharted territory. There has never been a crazy boom like this in its history. But as any shipping long-timer will tell you, there has indeed been a crazy boom like this in another sector: dry bulk circa 2007-2008

The public consultation on the 2021 Policy Address, the last one of the current administration, started in early July. Chief Executive Carrie Lam Cheng Yuet-ngor said in an earlier interview that she would outline Hong Kongs future blueprin

Chinas major ports reported slight growth in container throughput in mid-August, data from an industrial association showed. From Aug. 11 to 20, container throughput at Chinas eight key ports increased 2.7 percent year on year, according to

According toMaritime Traffic Safety Law of the Peoples Republic of China,vessels of foreign nationality entering the territorial sea of the P.R.China shall report to the maritime administrations of the P. R.China. PART 1 Application The rep

What a scrap The latest VLCCs that have been reported as scrapped have joined a small, but up to recently growing number of tankers heading to recycling yards. TheSea Coral(1996-built, 298 k dwt) and theJubilee Star(1996-built, 310 k dwt) h

Thermal coal inventories in India have plunged in recent weeks and currently stand at just 8 days of consumption. Last time they hit such a seasonal low was in 2017. The nationwide lockdown in the spring prevented power plants from building