Ocean Network Express(ONE) announced it has obtained all necessary regulatory approvals and completed its acquisition of a 51% stake in each of TraPac LLC (TraPac) and Yusen Terminals LLC (YTI), and a 20% stake in Rotterdam World Gateway (R

Electronic (Paperless) Trading WAVE BL: Update to Wave BL Network Bylaws to version 2.0 dated 1 November 2023 Members are referred back to circular confirming approval of WAVEs electronic trading system . The International Group (IG) had pr

Taxing Times In less than two months time, the shipping industry will for the first-time face emission taxes. For many in the market, the inclusion of shipping in the EUs Emissions Trading Scheme (ETS) has been a tomorrow problem, but owner

Recently, Yangzijiang Shipbuilding Group has received new shipbuilding orders for3 types of 14shipswith a total value of approximately US$770 million. The3 typesof ships are 50,000dwt MRtankers, 75,000dwt LR1 oil tankers, and 40,000m3 LPG c

RightShip, the worlds leading environmental, social and governance (ESG) focused digital maritime platform, has today announced a partnership with AD Ports Group (ADX: ADPORTS), the leading facilitator of global trade, logistics and industr

To mark the start of the KOBC and Marine Money conferences in South Korea, we take a look at the South Korean orderbook, using VesselsValue data. The infographic analyses the breakdown of vessels on order in South Korea, the top ordering na

On October 19th, the Liberian Registry hosted the 2023 Recognized Classification Societies Meeting in Reston, Virginia. Senior representatives from the Registry, all 13 Recognized Organizations (RO), and the US Coast Guard (USCG) attended.

[Photo: from CCTV News] The 40th Chinese Antarctic research expedition set sail on Wednesday. With a scientific research journey scheduled to last for more than five months, the expeditions key task is building a new Antarctic station near

When BIMCOs Documentary Committee (DC) met on 11 October in Copenhagen, it approved two new clauses and two revised versions of existing contracts. The new standards are being finalised for publication and will soon be made available for us

LUANDA, October 30, 2023 Cabinda Gulf Oil Company Limited (CABGOC), a Chevrons subsidiary in Angola, hosted in Luanda a signature of a Memorandum of Understanding (MOU) between Chevron New Energies, a Chevron U.S.A. Inc. division, and the A

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

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