Hong Kong and Oslo-listed dry bulk specialist Jinhui Shipping and Transportation has recorded a second quarter loss of US$7m after revenue of US$23m for the period. The consolidated net loss for the quarter was mainly attributable to the lo

Introduction The outlook for shipping finance remains positive, with a great number of lenders from Banks to Funds and Leasing Houses engaging in ever-greater competition to deploy capital. In the Offshore markets, the changes are especiall

Reducing the methane slip is a vital challenge in taking LNG-fueled ships towards zero greenhouse gas emissions. Now the Finnish marine technology supplier Wrtsil and Swedish shipping company Furetank are co-developing and testing two techn

Investments from China have breathed new life into a Greek port that once hit development bottlenecks, making it a flagship project under the China-proposed Belt and Road Initiative. ATHENS, Aug. 29 (Xinhua) -- Since Chinas COSCO Shipping b

Tel Aviv-based maritime technology company Orca AI is set to continue its successful collaboration with NYK Group subsidiary MTI and partners, leveraging its industry-leading automated watchkeeper in the second development stage of the MEGU

An integrated solution that enables ship operators both to manage emissions liabilities and trade carbon allowances under the impending EU ETS regime for shipping has been launched by maritime data firm OceanScore. The industry faces a majo

Following the worlds first methanol-poweredPCTC order at the beginning of this year, CMES will order the worlds first methanol-powered VLCC. [Photo: CMES] On August 29, China Merchants EnergyShipping announced that the company would build a

COSCO SHIPPING Holdings Realized a NP of RMB 19.68 Billion in H1 2023 On 29 August 2023, COSCO SHIPPING Holdings Co., Ltd. announced its 2023 interim results. For the year to date, the container shipping market has faced new challenges such

HONG KONG, Aug 30, 2023 - (ACN Newswire) - China International Marine Containers (Group) Co., Ltd. announces the unaudited interim results for the six months ended 30 June, 2023 (the Reporting Period). The management of CIMC Group said, In

Hong Kong, 29 August 2023 - COSCO SHIPPING Ports Limited, the worlds leading ports operator, today announced interim results of the Company and its subsidiaries for the 6 months ended 30 June 2023. FINANCIAL REVIEW In the first half of 2023

Taipei, Aug. 29, 2023 Wan Hai Lines again crowned the Container Shipping Line of The Year India-Far East Trade Lane by The 13th India MALA (Maritime And Logistics Awards) which was held on August 24, Mumbai, India. This is the 10th time Wan

29 August 2023. Technology group Wrtsil is now offering carbon capture and storage (CCS) feasibility studies to shipowners and operators, in another milestone on its journey to research, develop and bring to market maritime CCS technologies

The Silk Alliance continues to grow with the addition of Yara Clean Ammonia ASA, the Methanol Institute, MPC Container Ships ASA and the NUS Centre for Maritime Studies. Following the signing of a Memorandum of Understanding (MoU) between t

August 29, 2023. ERMA FIRST, a leading sustainable maritime solutions provider, has received a letter of professional opinion from DNV categorising ERMA FIRST BLUE CONNECT as an energy-saving device and verifying its positive impact on Carb

The MARINE INTERIORS Cruise Ferry Global Expo showcases the latest trends in interior design, equipment and technology for passenger ships. From 6 to 8 September 2023, the industrys Whos Who meets in Hamburg for the event, which is co-locat