Yangzijiang received $140m new orders in August and $701m new orders this year. New orders are gaining momentum, which expects some of its $1.3 billion order options to turn into orders. Recent US sanctions against CSSCs 722 research unit c

Signing an ambitious and comprehensive MOU, the two companies will exchange expertise and competency to improve existing technology and service areas, along with looking for new opportunities to shape the future of the maritime industry. Th

CIMC has made the latest progress in equity changes. After Vanke, Shenzhen SASAC will become the largest shareholder of CIMC. On August 25, CIMC announced that Shenzhen Capital Holdings intend to transfer part or all of the companys shares

Sep 3 UPDATES: According to Japanese CG, 1 crew, Chief Officer of Filipino nationality, was rescued, SAR continues. He said, that the ship capsized after engine failure she was turned broadside towards all the strength of waves and wind, an

Higher crude prices held back buying interest in Chinas bunker markets. Prices rose across the board but spot trade volumes fell. Very low sulphur fuel oil (VLSFO) spot volumes in Zhoushan were at 2,800t, compared to more than 4,900t on Fri

China has suspended imports of barley from Australias largest grain handler, CBH Group, according to a statement by the Chinese customs late Sept. 1. China said the suspension is due to phytosanitary requirements on weed seeds not being met

The Baltic Exchanges main sea freight index dropped on Wednesday, pressured by a dip in capesize and panamax vessel rates. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, pan

Qu Dongsheng, an engineer at the Tianjin Port Pacific International Container Terminal, is excited about changes that have taken place at the terminal over the past decade. In the past, workers needed to remain 46 meters above the ground to

A comprehensive scientific research and student training ship commissioned by Guangzhou, Guangdong province-based Sun Yat-sen University was lowered into the water for the first time at Jiangnan Shipyard in Shanghai on Friday. Measuring 114

The 14th edition of the Singapore Maritime Lecture returned in part one of the three-part Maritime Perspectives webinar series*. Over 420 industry leaders and participants from 22 countries tuned in to the webinar. In a keynote address titl

From today, the Oil Companies International Marine Forum (OCIMF) is including a remote vessel inspection option as a temporary tool within its Offshore Vessel Inspection Database (OVID), the inspection protocol for offshore vessels. The opt

Following the announcement on July 6 2020 and receipt of required competition approvals, A.P. Moller - Maersk has now completed the acquisition of the European customs services specialist to further enhance its logistics and services offeri

On September 1, the fifth 6700m ro-ro cargo ship of DFDS, which was constructed by China Merchants Jinling Shipyard (Nanjing), was successfully delivered. The ship has a total length of 235 meters, a width of 33 meters, a speed of 21 knots,

The Nautical Institute (NI) is proud to announce the formal launch of The Nautical Institute Foundation, a new charitable initiative that will allow the NI to extend the scope and reach of its current activities. The Nautical Institute Foun

On August 31, Dandong Port Group was officially established under the witness of Liaoning Province, Dandong City, China Merchants Group and liaogang group. On August 31, under the witness of Liaoning Province, Dandong, China Merchants Group