Counting the cost of emissions In September last year the European Parliament voted for the inclusion of greenhouse gas (GHG) emissions from ships over 5,000 gross tonnes in the emissions trading system (EU ETS) by 1 January 2022. In the mo

Delmar Systems, Inc. (Delmar) is pleased to announce the acquisition of Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors. The combined company, with its global footprint and enhanced asset portfolio, will continue as Delmar Systems

CSSC Leasing announces that on 20 May 2021, Fortune Haumea and Fortune Poseidon, its wholly-owned subsidiaries, entered into a Memorandum of Agreement with the purchaser, Red Box Energy Logistics, for the sale of two polar class heavy deck

On May 20, the second 6500 DWT chemical tanker stopped at Jinling (Weihai) No. 2 Terminal. Two ships of the same type from a shipyard in Weihai landed in China Merchants Jinling Shipyard (Weihai). The two 6500DWT chemical tankers were built

Genco Shipping Trading, the US dry bulk carrier owner, has signed a contract to order two very large bulk carriers being built by Dalian COSCO Khi Ship Engineering. The new ship is scheduled for delivery in January 2022. Since December 2020

The Liberian Registry has attained a historic milestone, reaching a fleet size of 200 million gross tons. This achievement further confirms the position of Liberia as the second largest, and fastest growing, ship registry in the world. Libe

Fitch Ratings expects the consolidation of Chinas steel industry to accelerate and for facility upgrades to enhance energy efficiency in the next five years. Industry utilisation rates reached 80% in 2019 and 79% in 2020, up from 70% in 201

BIMCO, the worlds largest shipping association, has elected Sabrina Chao of Wah Kwong Maritime Transport Holdings Limited as President at the organisations online general meeting on Thursday 20 May 2021. Sabrina Chao takes over as the 45th

Pump manufacturer Hamworthy Pumps is chosen as a subcontractor for Babcock International Group in a major global service agreement with the Royal Navy. The new service agreement with Babcock International Group makes HamworthyPumps the key

The boating boom of 2020 propelled millions into the boating lifestyle, making boater education even more critical. A recent boating trends study found a 34% increase in requests for on-water assistance last year. Sea Tow , an international

On May 19, COSCO Shipping Heavy Industry (Dalian) signed and delivered the jack-up drilling platform SINOOCEAN VICTORY (N611) for SINOOCEAN. This is the third jack-up drilling platform delivered by COSCO Shipping Heavy Industry (Dalian) for

Collaboration is increasingly common in shipping and the ocean industries, as organisations look to access new opportunities together. But not usually in the field of rock and roll. Nor-Shipping, however, likes to do things differently. The

On May 18, the 350-meter ship COSCO HELLAS left berth 108 at Qingdao port, marking the launch of COSCO SHIPPING AWE6 Europe and North America pendulum routes in Qingdao Port, Shandong. Up to now, Shandong Port has opened 10 new foreign trad

GTT has been chosen to design the cryogenic fuel tanks of twelve new liquefied natural gas (LNG) fuelled container vessels for the CMA CGM group, a world leader in maritime transport and logistics, pioneer in the energy transition with a fl

As the IMO moves closer to approval of new short-term, GHG reduction measures, the Energy Efficiency Existing Ship Index (EEXI) and the Carbon Intensity Indicator (CII), there are a number of potential implications and key considerations fo