Kongsberg Maritime (KM) announced that it has just signed a Memorandum of Understanding (MoU) with China Merchants Industry (CMI), which lays out the two companies joint strategies for the future. The signing was witnessed by China Merchant

Maritime shipping, the lifeblood of global trade that is usually hidden from public view, has been thrown into the headlines due to global supply chain disruptions caused by the pandemic. Long delays at ports around the world, skyrocketing

Singapore-based Sam Pan Marine Holdings Pte Ltd has ordered six StratCat 27 (SC27) vessels from Strategic Marine (S) Pte Ltd, with an option to build and deliver six more vessels. Sam Pan Marine Holdings has also appointed Strategic Marine

As news headlines underscore the quality and flexibility of the bulk sector fleet in meeting the challenges of current trade disruptions, Dimitris Fafalios, Chairman of INTERCARGO believes that now is the time to re-evaluate the image of th

ContainerxChange,one of theworlds fastest growingtech companiesand the marketleadersfor trading and leasing of containers,have published container pricesdatatrends and insightssoon after the Golden Weekconcludes in China andasthe worldprepa

New Times Shipbuilding has received another order for three 7000TEU container ships from Singapores Eastern Pacific Shipping (ESP). This is after ESP ordered 4 7000TEU container ships from New Times Shipbuilding in June this year, and then

On October 18, COSCO SHIPPING Holdings issued an announcement that the companys controlling shareholder COSCO SHIPPING Group increased its holdings of 7.9 million A shares of COSCO SHIPPING Holdings through Shanghai Stock Exchange, and anno

Chinas first homegrown cruise ship saw the completion of its hull structure in Shanghai on Monday, marking the 135,500-gross-ton Vista-class vessels entering the second-half production phase and a technological breakthrough for the countrys

The Baltic Exchanges dry bulk sea freight index extended losses for a seventh straight session on Monday, as a drop in capesize rates offset gains in the smaller vessel segments. The overall index, which factors in rates for capesize, panam

Such is the scale of industry disruption from decarbonization that a decarbonization strategy likely is now the best business strategy for shipowners. That was the message for the industry from Christopher J. Wiernicki, ABS Chairman, Presid

Expanding into Product Tankers ◦ Extending LPG fleet ◦ Preparing Second Fund On October 11, ship owning fund Pelagic Partners, in partnership with Cypriot outfit Interorient Shipmanagement, took delivery of the MR2 product tankerStar Os

CHINA POOL---Chinas first VLCC POOL, announced its public operation on 18th Octorber,2021. It has become a new milestone for the tanker transportation industry to enter the era of sharing and win-win cooperation. -About CHINA POOL- CHINA PO

China Shipbuilding Trading, a subsidiary of China State Shipbuilding Corporation, and Shanghai Waigaoqiao Shipbuilding successfully held a signing ceremony for 10 7000TEU container ships with Seaspan, a subsidiary of Canadian ATLAS Group. T

On October 16, COSCO SHIPPING Shipyard (Zhoushan) and Bank of Communications Financial Leasing signed a contract for the construction of 8 bulk carriers of 6,3600 dwt in Shanghai. This series of ships has a total length of 199.9 meters, a m

Norways maritime and offshore energy expertise can be the key to unlocking the renewable energy growth the world demands. Jon Dugstad, Director Wind and Solar, NORWEP, believes Nor-Shipping 2022 provides the ideal platform for accelerating