On June 14, COSCO SHIPPING Heavy Industry(Zhoushan) successfully signed the construction contract for three 63,600-dwt bulk carriers of Zhejiang XinYiHai Shipping. The 63,600-dwt bulk carrier conforms to the development trend of green and e

On June 13, Shenghang Shipping announced that it plans to order a 5500m3 semi-refrigerated and semi-pressurized LPG/NH3/VCM carrier at CMI Jinling (Yangzhou) Shipyard. The ship is the first semi-refrigerated and semi-pressurized LPG/NH3/VCM

Hong Kongs chief executive Carrie Lam yesterday (9 June) met members of the Legislative Council for her last QA session before she steps down at the end of the month. Among the 25 questions posed during the 97-minute session transport secto

WinGD and Hyundai Heavy Industries Engine Machinery Division (EMD) are to collaborate on delivering the first WinGD engine capable of running on ammonia, providing a vital step in shippings progress towards decarbonisation. Under an MOU (Me

Vestdavit is maintaining its role as a trusted supplier of advanced boat-handling technology to support ocean research with the delivery of davit systems for a pair of newbuild scientific vessels being built for the US National Oceanic and

June 13, 2022 is the fourth anniversary ofPresident Xi Jinpingsinspection of Yantai andYantai CIMC Raffles Offshore Limited. On the same day, the unveiling ceremony of Yantai CIMC Raffles Marine Technology Group and the signing ceremony of

A new Client Program launched by Core Power will bring together ocean transportation, clean energy production and technology development companies, to help deliver the next generation of energy solutions for tomorrows shipping industry. COR

Columbia Aurus Ship Management will tap into the Indian crewing market to further consolidate Columbias march eastwards. Aurus Ship Management, has signed an agreement with Columbia Shipmanagement (CSM) to explore various ship management op

The International Chamber of Shipping (ICS), alongside other leading business organisations, is joining WTO Ministers from across the world in Geneva this week, aiming to deliver concrete results at the organisations upcoming 12th Ministeri

The renewed tightening of COVID curbs in Beijing on Thursday has again tormented the expectations and sentiments for the supply chain. It is clear that the lockdowns are not easing out and the disruptions are continuing to keep supply chain

Dutch maritime energy storage solutions provider EST-Floattech has been contracted by system integrator Hoogendijk Electric to design and deliver the complete Battery System for a Norwegian newbuild: the third Hybrid Coaster for Hagland, cu

On June 10, COSCO SHIPPING Specialized Carriers announced thatCOSCOL (HK)InvestmentDevelopment, a wholly-owned subsidiary of the company, signedfive, two and five 70,000 DWT multi-purpose pulpcarrier chartering contractswith CMB Financial L

1. A brief overview of the current situation The maritime industry is embarking on a major transition from conventional to zero or carbon neutral fuels driven by the pressure to decarbonise. The transition will not take place over night and

Prices of some routes increased at the beginning of the month, and the composite index continued to rise Ningbo Containerized Freight Index: In the week ending Jun-3, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Excha

Latest Trends on fuel transition, shipyard actions, government, ports, financing and industry players LNG is now leading the way for alternative fuels. There are now 805 LNG-fuelled ships in operation or on order, and 229 more LNG-ready shi