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

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

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

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.RightShip, the worlds leading environmental, social and governance (ESG) focused digital maritime platform, has announced a partnership with Porto de Santos to implement RightShips innovative new risk management solution for

KR, in collaboration with the Marshall Islands Registry, is pleased to announce the granting of an Approval in Principle (AiP) for an Onboard CO2 Capture System (OCCS) developed by Hanwha Ocean during Kormarine 2023 in Busan, South Korea. W

Anemoi Marine Technologies has entered into a Joint Design Cooperation Agreement with Hudong-Zhonghua Shipbuilding Group for the design of Rotor Sails onboard two LNG carrier newbuildings. The deal was signed on 26 October between Nick Cont