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

ABS has published comprehensive guidance on the application ofAdditive Manufacturing (AM) in the marine and offshore industries. The ABSGuide for Additive Manufacturingfocuses on two main categories of metal AM processes: Powder Bed Fusion

As shippers across Asia try to manage volatility across the supply chain, it has been the local regional office representatives of Canadian Pacific that have provided time critical updates on operations across the North American railroad. W

Evergreen Marine will welcome the worlds largest container carrier, carrying 28 TEUs more than the current largest container ship. Samsung Heavy Industries will deliver the 24,000 TEU container ship Ever Ace to Evergreen Marine in July. The

Vestdavit has bolstered its presence in the European market with the launch of a new subsidiary in the Netherlands that positions it for business growth in one of the worlds major maritime hubs. The leading Norwegian davit supplier is now a

German shipowner John T. Essberger Group has signed final agreements with China Merchants Jinling Shipyard Dingheng Co. Ltd to build four 6,600 dwt stainless steel parcel chemical tankers with options for an additional four vessels. As info

Signal Groups artificial-intelligence (AI) driven forecasting algorithm, Carrier Path Prediction Based On Dynamic Input Data, has been awarded a US patent . The Athens London-based business has drawn on its rich mix of shipping, computing a