COSCO SHIPPING (South America)and China Certification Inspection Group South Americainked a strategic cooperation agreement in Argentina on 5October. China Certification Inspection Group South America is an independent third-party firm that

Between January and October, dry bulk exports out of the Black Sea increased by 13% y/y, driven by Russian wheat exports. After two strong consecutive wheat harvests in Russia, the countrys exports are now on track to reach a new record in

For the first time in Korea, on 28 October, simultaneous operations (SIMOPs) of ship-to-ship LNG bunkering were successfully conducted for a coal-carrying bulk carrier at the POSCO raw material dock, one of the loading docks at Gwanyang por

1 November 2023 at 11 AM EET.Technology group Wrtsil has introduced a new ultra-low emissions version of its already efficient Wrtsil 31DF engine. Whilst operating on LNG, this new version can further reduce methane emissions on a 50 percen

On October 31, CSSC Guangzhou Shipyard Internationaland China Shipbuilding Trading jointly named and delivered the 110,000dwt LNG dual-fuel crude/producttanker No. 3 builtforVISTA, a joint venture betweenCSSC Shipping and Hafnia. [Photo: GS

In a collective journey towards achieving net zero greenhouse gases (GHG) emissions, PSA Singapore (PSA) and Pacific International Lines (PIL) have signed a Memorandum of Understanding (MOU) to jointly develop sustainable solutions to cut c

Freight rates for Europe routes soared, and the composite index expanded Ningbo Containerized Freight Index: In the week ending Oct-27, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 728.3 points,

Hong Kongs Global Shipping Business Network (GSBN), a blockchain platform, with its data infrastructure and ecosystem of partners, has signed a Memorandum of Understanding (MoU) with DNV, a leading classification society. The partnership ai

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close. Source: Sxcoal The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact Us a

International Transport Intermediaries Club (ITIC) a mutual insurer that provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation industries has advised ship managers to be

31 October 2023, Hamburg, Germany: As the Euro Zone grapples with an ongoing economic crisis, facing declining trade and subsequently, a drop in container trade, the region struggles with the challenge of surplus containers causing repositi

On October 30, the first ship of the 16,000TEU container ship series built byCSSC Dalian Shipbuilding Industry and China Shipbuilding Trading for Minsheng Financial Leasing waschristenedand delivered. After delivery, the ship will bechartere

C-Job Naval Architects and MEYER Group today announce the two companies have entered into a strategic partnership. The agreement between the companies includes MEYER Group to acquire a 50 percent stake in C-Job Naval Architects. The move so

Capesize The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player later in the week, trading remained lacklustre. Rates for C5 fell by a total

(30 October 2023, Shanghai)COSCO SHIPPING Holdings Co., Ltd. announced the third quarter results for 2023. For the year to date, the container shipping industry has faced multiple challenges such as weak shipping demand and rising capacity