DOHA, Qatar 27 September 2023 QatarEnergy signed an agreement with Koreas HD Hyundai Heavy Industries (HHI) for the construction of 17 ultra-modern LNG carriers. The deal, valued at 14.2 billion Qatari Riyals, marks the start of the second

The Port of Piraeus has achieved overwhelming development over the past 10-plus years thanks to improved management following its acquisition by Chineseshipping firm COSCO. Vasilios Michail, a dockworker at the port, has experienced its ups

As the global shipping industry today celebrates World Maritime Day with its central theme of MARPOL at 50, the International Association of Dry Cargo Shipowners (INTERCARGO) has stressed its commitment to the full implementation of MARPOL

OnSeptember 18, SUMECMarine and AVIC InternationalLeasingsigned a new construction contract for four CROWN63PLUSbulk carriers. The CRWON633.0 shiptype has been re-optimized through cooperation with international professional companies. The

CLP Power Hong Kong Limited (CLP Power) and The Hongkong Electric Co., Ltd (HK Electric) last week held a closed-door opening ceremony for the Hong Kong LNG Terminal, marking a new chapter in low-carbon power generation, some seven years af

Singapore, September 26, 2023: RightShip , the worlds leading Environmental, Social and Governance (ESG) focused digital maritime platform, unveils PortRISK , an innovative new risk management solution aimed at transforming operational effi

The 2023 edition of The Future of Maritime Safety Report from Inmarsat Maritime, a Viasat business, reveals that the number of distress calls from ships at sea remains high, despite a continuing decline in vessel losses. The new report, whi

Protecting the oceans biodiversity and reducing the threat of invasive aquatic species was at the core of discussions during the 3rd Regional Task Force meeting on BioFouling Management heldSurabaya, Indonesia (20-23 September). Over 40% of

In recent weeks there has been a slight correction in values based on the latest benchmark sales. However, year on year values for this sector are up across all age categories, for example 15YO vessels of 110,000 DWT are up by c.20.95% from

At the Global Sustainable Transportation Summit Forum and the 15th International Transportation Technology and Equipment Exhibition, China Marine Bunker ( PetroChina) Co.Ltd. (abbreviated as CHIMBUSCO), a core shipping service enterprise un

In consideration of the present market situation, THE Alliance will make changes to the Asia to Transpacific-North West Coast Network by temporarily suspending the PN3 service and enhancing the existing PN2 service as of week 41 until furth

Daily crude steel production at key member firms of China Iron and Steel Association (CISA) stood at 2.13 million tonnes during September 11-20, falling 1.17% compared with the previous ten days, the CISA data showed. Daily output of pig ir

[Photo: Xinhua/Ji Chunpeng] BEIJING, Sept. 24 (Xinhua) -- Chinas shipbuilding industry continued to lead globally in the first eight months of this year with double-digit increases in both output and new orders, industry data showed. The co

SITC Cagayan / Source: VesselFinder SITC International Holdings, the holding company of Hong Kong-based intra-Asia carrier SITC Container Lines, said on 21 September that it will spend over US$100 million to buy five existing ships and two

[Photo provided to chinadaily.com.cn] Avance Rigel, a 230-meter-long VLGC(Very Large Gas Carrier), departed Berth D24 of the Dongjiakou Liquid Chemical Terminal of Qingdao Porton September 16 carrying 49,633 metric tons of low-temperature p