The International Union of Marine Insurance reviewed 2022s underwriting performance at its annual conference in Edinburgh this week. Global ocean hull premiums rose in 2022 by 5.7% to reach US$8.4bn. This was largely due to a combination of

(Dubai, 21 September 2023) Marcura, a leading maritime solutions provider, is pleased to unveil significant advancements in its leadership team to reinforce its strategic expansion plans. The company has introduced two key senior executive

London and Singapore, 21 September 2023. The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market according to Maritime Strategies International. COVID-related

On September 20, Shanghai International Port (Group), ChinaCOSCO SHIPPING Corporation,State Power InvestmentCorporation and China Certification InspectionGroupjointly signed the Memorandum of Cooperation on the Construction of Green Methano

During the first eight months of 2023, contracting of product tanker newbuilds hit a 10-year high, reaching 140 ships and 10.72 million deadweight tonnes (DWT). The last time more than 10 million DWT were contracted from January through Aug

20 September 2023. Swiss marine power company WinGD has signed a memorandum of understanding with KSS Line to explore X‑DF‑A engines for future newbuild projects. The companies will focus on 52cm- and 62cm-bore versions of the dual-fuel

Shipping continues to innovate in terms of vessel capacities, greener technologies and more modern operating practices. At the same time, the way that goods are being carried, particularly unitized cargoes, are also changing. Innovation and

LNG dual fuel powered very large crude carrier (VLCC) Antonis I. Angelicoussis is now certified by the Green Award Foundation. The Greek-flagged ship is the first LNG dual fuel VLCC to join the Green Award programme. The certification inclu

This analytical piece provides an in-depth examination of current trends in blank sailings across major shipping routes, encompassing the Transpacific, Transatlantic, and Asia-North Europe Mediterranean trades. Shipping firms cancel or excl

The message was loud and clear atWeathernews Incs Explore the Future of Maritime Operations cruise receptionduring London International Shipping Week, with unanimous agreement that joining forces in constructive, transparent partnerships is

[Photo: Xinhua/Wu Zhizun] BEIJING, Sept. 19 (Xinhua) -- Chinas Ministry of Transport announced on Tuesday full resumption of international cruise ship transport to and from ports in the country. Trials on the resumption of international cru

Copenhagen, Denmark A.P. Moller - Maersk A/S and CMA CGM have decided to join forces on several areas relating to decarbonization, in full compliance with all laws and regulations. As frontrunners of the energy transition in shipping, both

Chinas first domestically built luxury cruise ship, the Adora Magic City, will set sail from the Shanghai Wusongkou International Cruise Liner Terminal on January 1, 2024. Passengers can make reservations for the relevant routes by visiting

The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam (PoR) and 20 partners in the Green Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the

Global ocean hull premiums rose in 2022 by 5.7% to reach USD8.4 billion. This was largely due to a combination of growing activity, increased vessel values and reduced market capacity. Claims for the same period remained moderate although e