On December 5th, China Merchants Nanjing Tanker （NJTC） founded Chinas first MR POOL. photo: NJTC Recently, three MR tankers of China Development Bank Financial Leasing （CDB Leasing）were handed over to China Merchants Nanjing Tanker （

KR, HD Korea Shipbuilding Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI), and HD Hyundai Marine Solution (HD HMS) have signed a Memorandum of Understanding (MoU) to develop a ship education and training program based o

All users of OCIMFs tanker inspection programme can now conduct trial SIRE 2.0 inspections to test their readiness for digitalised inspections. The Oil Companies International Marine Forum (OCIMF) has commenced Phase 3 of the transition to

Attention should be given to the potential liquefaction risk and structural stress issues arising from extraordinary growth in spodumene shipments, say John Southam, Loss Prevention Senior Executive, NorthStandard (Greece) and Lee Stenhouse

In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is now likely to be beaten already in 2024. As 2023 saw

In 2023, only seven product tankers with combined deadweight tonnes (DWT) capacity of 265,000 were recycled. This was a year-on-year drop of 82% compared to 1.5 million DWT (27 product tankers) recycled in 2022. It was also the lowest level

Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S, an entity under A.P. Moller - Maersk (Maersk), have signed an agreement for a new long-term operational collaboration called Gemini Cooperation, which will start in February 2025. The ambition is

Ocean Network Express Pte. Ltd. (ONE) has signed Ship Building Contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for a total construction of twelve 13,000 TEU methanol dual-fuel container ships. Each shipyard will build six vesse

On 17th January, the LNG dual-fuel car carrier SAIC Anji Shencheng with 7600 spaces built for SAIC Anji Logistics by CSSC Jiangnan Shipyard was named and set sail. The vessel will carry more than 5,000 various commercial vehicles and engine

On January 16, COSCO SHIPPING Heavy Industry (Shanghai) Co., Ltd successfully delivered FSUR ETYFA PROMETHEAS which is the first MOSS spherical LNG carrier retrofit FSRU project in China, and is the first Belt and Road energy project cooper

On January 11, the first Marine Wind-Rotor Assisted Propulsion System independently developed by China was successfully put into commissioning by Offshore Oil Engineering Co., Ltd (COOEC). The rotor sail system put into commissioning this t

On January 10, 2024, SITC signed a strategic cooperation framework agreement with XIAMEN PORT HOLDING GROUP. At the signing ceremony, Yang Xianxiang, Vice Chairman of the Board of Directors and CEO of SITC, acknowledged and thanked XIAMEN P

photo: Shandong Port Group A Singapore-bound ship Pacific Innovation loaded with 12 marine and industrial equipment recently set off from Qingdao Port of Shandong Port Group (SPG). The trip marked the opening of a new service linking Qingda

A new venture capital entity, acting as a melting pot for innovation, will help transform cutting-edge ideas into viable businesses across the maritime, logistics, energy and leisure sectors. Galactic Beacon Ventures, powered by Columbia Gr

Recently, the Tianjin, Liaoning, Hebei and Shandong MSA jointly published a total of 27 main public routes in the Bohai Sea and its eastern waters, which has been implemented since December 18, 2023. These public routes sort out the traffic