The Italian shipowner and China Merchants Jinling Dingheng Shipyard (Yangzhou) signed a contract for 3+3 semi-cooled semi-pressurized LPG carriers. The ship is a 5000 m3 semi-cooled and semi-pressurized LPG carrier with a length of 105 mete

This signing is the first time that CHELLSHIP has ordered a new ship in a shipyard under China State Shipbuilding Corporation. CHELLSHIP is a subsidiary of CHELLARAM Group, which was established in 1916 and has developed into a large intern

On July 8, the third 180,000DWT bulk carrier CS WU HAN built by Qingdao Beihai Shipbuilding Heavy Industry for CSSC Brokerage Services was christened and delivered. CS WU HAN is a 180,000DWT bulk carrier newly developed by BSIC, with a tota

President Joe Biden will order U.S. transportation agencies in coming days to address competition in rail and sea shipping in an effort to lower the costs of shipping goods for companies, a source familiar with the plan told Reuters on Thur

The Baltic Exchanges main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as capesize vessel rates firmed. The overall index, which factors in rates for capesize, panamax and supramax shipping

Beibu Gulf Port in South Chinas Guangxi Zhuang autonomous region saw its cargo throughput rise 12.86 percent year-on-year to over 129 million tons in the first half of 2021. More than 2.6 million twenty-foot equivalent unit (TEU) containers

New technologies for greener shipping has been chosen as the World Maritime theme for 2022, reflecting the need to support a green transition of the maritime sector into a sustainable future, while leaving no one behind. The IMO Council, me

Officers fromReCAAP Contracting Partiesparticipated in a virtual lecture to deepen their understanding on legal aspects of piracy and armed robbery against ships. 60 officers from 19 ReCAAP Member States participatedvirtually in the first C

On the evening of July 7, COSCO SHIPPING Holdings disclosed its performance forecast. In the first half of the year, the profit was 37.09 billion yuan, a year-on-year increase of 3162%. The net profit in the same period last year was 1.137

Kawasaki Heavy Industries will transfer more shipbuilding business to China, while Japanese shipyards will focus more on new business directions. The company is preparing to transfer most of its LPG carrier construction business to a joint

On the afternoon of July 6, New Times Shipbuilding held a ship signing and delivery ceremony. The 36#156,500DWT oil tanker named CRUDE ZEPHYRUS was officially delivered to the owner. This is the second ship delivered this month. The 36# 156

Malaysias LNG giant Petronas has signed a ten-year agreement to supply LNG to a subsidiary of China National Offshore Oil Corporation (CNOOC). The agreement is for 2.2 million tonnes per annum (mpta) for a ten-year period. It is valued at a

Kongsberg Maritime has won another important customer for its industry-leading Wind Turbine Installation Vessel (WTIV) technology, following the signing of contracts totalling EUR 49m with the Chinese shipbuilder COSCO Shipping (Qidong) Off

Samuel W. Croll, CEO of CR Ocean Engineering LLC (CROE), has announced two changes to his senior management team effective July 1, 2021. Dominique Philibert has become President and COO, and Nick Confuorto, CROEs former President and COO, h

The International Chamber of Shipping (ICS) has welcomed the settlement reached between the Suez Canal Authority (SCA) and Shoei Kisen Kaisha Ltd., owner of the Ever Given the ship which became stranded in the Suez Canal in March 2021 which