On November 1, Yangzijiang Shipbuilding released the third quarter financial report and related announcements. The announcement shows that in the third quarter of this year, Yangzijiangs operating income reached RMB 4.47 billion and gross p

South Korean shipping company H-Line Shipping entered the vehicle carrier market for the first time and ordered two LNG-powered vehicle carriers in Guangzhou Shipyard International. H-Line has signed a contract with Guangzhou Shipyard Inter

A leading UK trade body, representing Britains shipbuilding, maritime engineering and science sectors, is reporting a big increase in the number of companies embracing the decarbonisation agenda. The Society of Maritime Industries (SMI) is

Torqeedo and Italdraghe today announced the joint development of an outboard, retractable electric propulsion system for commercial vessels in inland and urban waterways. The system combines Torqeedos Deep Blue high-voltage electric power s

MarineMax, Inc. , the worlds largest recreational boat and yacht retailer, announced it has acquired the assets of Texas MasterCraft. Texas MasterCraft is a full-service Dallas, Texas area towboat dealer that operates primarily from two loc

On the afternoon of November 1, 2021, China COSCO SHIPPING Corporation held a meeting of middle-level and above managers. The company announced the decision on the adjustment of the main responsible comrades of China COSCO SHIPPING Corporat

On October 31, China Shipbuilding Trading, a subsidiary of CSSC, and Hudong Zhonghua successfully delivered a 18,600 m3 LNG bunkering vessel Gas Vitality to MOL. This is also the second 18,600 m3 LNG bunkering ship built by Hudong Zhonghua

Indian Register of Shipping (IRClass) has announced changes to key organisational roles as the international ship classification society plans for considerable future growth. With the pandemic slowly recedingand businesses gradually return

On October 29, China Merchants Energy Shipping issued an announcement on cash acquisition of 100% equity of Sinotrans Container Lines and related transactions. According to the announcement, CMES intends to acquire 100% equity of Sinotrans

Specialist marine and energy insurer Standard Club is expanding its presence in the Asia-Pacific region with some key appointments and an enhanced suite of services. These include the launch of the Coastal Inland class in Asia and three sig

While reported incidents of piracy and armed robbery are down to their lowest level in decades, violence against crew remains high in many areas of the world. A Gard correspondent was recently called to attend onboard a ship where crew memb

The earsplitting sounding of the ships horn of container vesselCOSCO GENOAon Oct 26 signaled the debut of the COSCO ShippingCEN-EXPRESSservice on Oct 26 made its debut at Qingdao Qianwan United Container Terminal of Qingdao Port. The new ro

Urgent action to deploy scalable zero emission shipping fuels and technologies and increased attention to a wider set of ESG topics in the maritime industry was at the center of discussions over the past two days at the Global Maritime Foru

Patagonian Opportunity An often-overlooked part of the global shale picture is Argentinas Vaca Muerta (Dead Cow) field; currently the worlds second largest commercial shale formation with an estimated recoverable 1.6 billion bbls of crude o

COSCO SHIPPING Ports Limited (COSCO SHIPPING Ports or CSP or the Company, SEHK: 1199), the worlds leading ports operator, today announced the third quarter results of the Company and its subsidiaries (the Group) for the 3 months and the 9 m