On August 29, China Council for the Promotion of International Trade (CCPIT) at a press conference in response to the question whether the problems reported by foreign trade enterprises, such as the increase in shipping prices and the short

On August 30, 2022, COSCO SHIPPING Holdings announced its half-year results for the six months ended June 30, 2022. The company achieved the Earnings Before Interest and Tax(EBIT) of RMB 95.308 billion, a year-on-year increase of 92.20%, le

(FILES) This file photo taken early on July 1, 1997 shows Chinese President Jiang Zemin addressing delegates following the raising of the Chinese (2nd L) and Hong Kong SAR flags (L) following the former British colonys handover to Chinese r

The Baltic Exchanges main sea freight index fell for a fourth straight session on Tuesday on weakness across vessel segments, with the panamax segment falling by the most in over eight months. The overall index, which factors in rates for c

Oslo, 30 August 2022. An industrial scale concept for a floating production unit to produce green ammonia at sea has secured Approval in Principle (AiP) from DNV, affirming the technical feasibility of the design. The so-called P2XFloater c

Enhancing Maritime Safety Through Collaboration, Connectivity and Technology International Safety@Sea Week 2022 features 8 sessions focused on safety at sea The Maritime and Port Authority of Singapore (MPA) is organising the 9th edition of

Industry-leading ballast water treatment specialists ERMA FIRST have launched BLUE CONNECT, a revolutionary high-voltage shore power solution, more commonly known as Alternate Marine Power (AMP) or Cold Ironing. BLUE CONNECT seamlessly faci

ChinaState ShipbuildingCorporation announced on August 29 that the operating income in the first half of the year was 23.975 billion yuan, a year-on-year decrease of 11.54%. The net profit attributable to shareholders of listed companies wa

New research by C-Job Naval Architects shared today shows nuclear energy could be applied as marine propulsion in the future. According to the independent ship design company, nuclear technology has seen several interesting developments and

NAVTOR has teamed up with Danelec in a partnership that will help shipowners and operators translate onboard data into business value, unlocking enhanced commercial and operational decision making. The agreement will bring together the weal

Digital safety and fuel consumption tool enables enhanced performance management and voyage monitoring for simplified compliance Sperry Marine, the Navigation Experts, have announced the launch of its newest digital solution, Sperry Marine

The U.S. Department of EnergysNuclear Energy University Program(NEUP) has granted research funds to the MITEnergy Initiative, CORE POWER, and the Idaho National Laboratory for a three-year study into the development of offshore floating nuc

ABS has launched detailed requirements for greener offshore operations in the first sustainability guide to target the offshore industry. Developed by working with major offshore industry clients, ABS today launches a revised sustainability

The Maritime and Port Authority of Singapore (MPA) held its annual ferry rescue exercise (FEREX) today, in conjunction with the annual International Safety at Sea conference held from 30 August to 2 September 2022, to test Singapores operat

Waste-based biofuels could be a key driver of the energy transition transforming todays limited supply of low-carbon transportation fuels and creating a local, circular economy, according to a new report by research and consultancy group Wo