IACS is pleased to announce the publication of its Recommendation on Cyber Resilience (No. 166). This single, standalone Recommendation consolidates IACS previous 12 Recommendations related to cyber resilience (Nos. 153 to 164) and applies

On May 13, COSCO SHIPPING and Bank of Communications signed a strategic cooperation agreement in Shanghai. Xu Lirong, Chairman and Secretary of the Party Group of COSCO Shipping Group, and Ren Deqi, Chairman and Secretary of the Party Commi

Qingdao Port of Shandong Port Group introduces designated delivery storage facility for crude oil futures On May 7, a designated delivery storage facility for crude oil futures, licensed as the nations first port enterprise of its kind, was

Informa Marketsafter consultation with their joint venture partners the China Container Industry Association (CCIA)has made the decision to postpone Intermodal Asia until 2021. Rob Fisher, Group Director, Intermodal Asia said: This has been

Benchmark iron ore futures in China jumped to their highest level in over nine and a half months on Wednesday, driven by higher demand for the steelmaking ingredient as steel mills ramped up output amid improving profit margins. The most ac

The International Group of PI Clubs, in partnership with other shipping industry organisations, has released the COVID-19 Related Guidelines for Ensuring a Safe Shipboard Interface Between Ship and Shore Based Personnel. The aim of the guid

Industry insiders forecast a negative impact for the countrys State-owned oil companies if crude prices remain depressed throughout the year as Chinas top three oil behemoths have announced plans to slash spending plans in 2020 to weather f

Inmarsats latest research study has found that the global mining sector is undergoing an Internet of Things (IoT) revolution with respondents reporting significant increases in adoption of connected technologies. Specialist market research

French container shipping major CMA CGM has secured a 1.05 billion ($1.1. billion) syndicated loan, the company announced. As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Socit Gnrale and it wou

Cargotecs MacGregor has received orders to provide equipment to four offshore wind service vessels for Edda Wind, stensj Groups offshore wind business unit. Two of the equipment packages were awarded by the Spanish Astilleros Gondn, who is

On May 11, the ship ANSHEN 5 arrived at the No. 3 anchorage and successfully added 1600 tons of low-sulfur fuel oil for the large oil tanker NEW VISTA. It marks the completion of the first order of oil supply business for large vessels in Q

On the morning of May 12, Guangxin Shipbuilding Heavy Industry held a contract signing ceremony with Tianjin Zhihai Shipping for the sale of two 78m platform supply vessels. Affected by the novel coronavirus pneumonia outbreak spreading aro

1.Hu Wenming, former chairman of China Shipbuilding Industry Group,is currently under investigation. 2.The Philippines fully supports the recognition of Filipino seafarers as key workers ensuring that ship crew changes can take place safely

A.P. Moller - Maersk had a financially strong start to the year. Despite the COVID-19 pandemics profound impact on global trade the company kept momentum in its strategic transformation and demonstrated robustness to weather the crisis. In

The Finnish technology group Wrtsil has recently managed and completed the delivery of regasification modules for Chinas first newbuild LNG FSRU. The vessel, the Transgas Power, was built at the Hudong-Zhonghua shipyard in Shanghai for Gree