John-Kaare Aune has been appointed Chief Executive Officer at Wallem Group after a successful term as Interim CEO. Having joined Wallem in 2019 as Managing Director, Shipmanagement, John took over as Group CEO on an interim basis in January

The 2021 North Bund Forum by the Shanghai Municipal Peoples Government and the Ministry of Transport will take place from Nov 3 to 5 in Shanghai, the event organizers announced on Tuesday. Themed openness and inclusiveness, innovation and r

Singapore and the International Hydrographic Organization (IHO) [1] have launched the Joint IHO-Singapore Innovation and Technology Laboratory today. The Laboratory seeks to optimise the resources of IHO Member States to harness and develop

FarSounder and NAVTOR announced a new partnership. FarSounder now includes support for NAVTOR official ENC chart data in their base software package to its customers. On the ever-going journey in protecting the ecosystem and keeping vessels

Achieves Highest Quarterly Gross Margin in Companys History MarineMax announced record results for its fourth quarter and full year ended September 30, 2021. Revenue grew 16% to a record $462.3 million for the quarter ended September 30, 20

As part of the EU Green Deal, the FuelEU Maritime Regulation intended to promote demand for lower greenhouse gas fuels can play an important role in shippings journey towards decarbonisation. In a position paper published today , the World

On October 25, Dalian Shipbuilding Industry, a subsidiary of CSSC, christened and delivered MV New Ambition, the 307,000DWT VLCC built for China Merchants Energy Shipping. This series of ships meets HCSR requirements, meets the latest nitro

Zhoushan strives to build an international maritime service base, and the maritime service industry is showing a rapid development trend. In the first three quarters of this year, Zhoushan achieved a total output of 28.4 billion yuan in mar

After hitting a new high at the start of the month, the freight rate of Capesize bulk carriers fell sharply, falling by more than 40% in a total of 11 working days, dragging BDI to its lowest level in the past month. On October 22, the BDI

Vard Electro has secured an order with Siem Offshore to deliver its largest battery package to date for a vessel retrofit as the Norwegian shipowner proactively upgrades its fleet with hybrid power in pursuit of greener and safer operations

Knut rbeck-Nilssen, CEO Maritime, DNV says we cant rise to our greatest challenge alone, either as individuals or an industry. We need to work together. He believes his company, and platforms like Nor-Shipping, can be crucial in enabling th

China COSCO Shipping Corp, the countrys largest shipping group, announced on Monday that it has completed an additional 16 percent stake acquisition in the Greek port of Piraeus, marking a fresh step in turning the port into a major interna

The global shipping industry is on course to see its greenhouse gas emissions rise by around a fifth by 2050 if action including introducing a carbon levy on fuel is not taken, new research backed by industry leaders shows. With about 90% o

From January to September 2021, the cargo volume of China ports was 11548.4million tons, a year-on-year increase of 8.9%; the container throughput of China ports was 211million TEU, a year-on-year increase of 9.5%. The chart below shows the

The supply-demand relationship was basically stable, and the freight rate of the route had risen and fallen divergently Ningbo Containerized Freight Index: In the week ending Oct-22, Ningbo Containerized Freight Index (NCFI) issued by Ningb