Hong Kong and Oslo-listed dry bulk specialist Jinhui Shipping and Transportation has recorded a second quarter loss of US$7m after revenue of US$23m for the period. The consolidated net loss for the quarter was mainly attributable to the lo

Introduction The outlook for shipping finance remains positive, with a great number of lenders from Banks to Funds and Leasing Houses engaging in ever-greater competition to deploy capital. In the Offshore markets, the changes are especiall

Reducing the methane slip is a vital challenge in taking LNG-fueled ships towards zero greenhouse gas emissions. Now the Finnish marine technology supplier Wrtsil and Swedish shipping company Furetank are co-developing and testing two techn

Investments from China have breathed new life into a Greek port that once hit development bottlenecks, making it a flagship project under the China-proposed Belt and Road Initiative. ATHENS, Aug. 29 (Xinhua) -- Since Chinas COSCO Shipping b

Tel Aviv-based maritime technology company Orca AI is set to continue its successful collaboration with NYK Group subsidiary MTI and partners, leveraging its industry-leading automated watchkeeper in the second development stage of the MEGU

An integrated solution that enables ship operators both to manage emissions liabilities and trade carbon allowances under the impending EU ETS regime for shipping has been launched by maritime data firm OceanScore. The industry faces a majo

Following the worlds first methanol-poweredPCTC order at the beginning of this year, CMES will order the worlds first methanol-powered VLCC. [Photo: CMES] On August 29, China Merchants EnergyShipping announced that the company would build a

HONG KONG, Aug 30, 2023 - (ACN Newswire) - China International Marine Containers (Group) Co., Ltd. announces the unaudited interim results for the six months ended 30 June, 2023 (the Reporting Period). The management of CIMC Group said, In

The Silk Alliance continues to grow with the addition of Yara Clean Ammonia ASA, the Methanol Institute, MPC Container Ships ASA and the NUS Centre for Maritime Studies. Following the signing of a Memorandum of Understanding (MoU) between t

August 29, 2023. ERMA FIRST, a leading sustainable maritime solutions provider, has received a letter of professional opinion from DNV categorising ERMA FIRST BLUE CONNECT as an energy-saving device and verifying its positive impact on Carb

The MARINE INTERIORS Cruise Ferry Global Expo showcases the latest trends in interior design, equipment and technology for passenger ships. From 6 to 8 September 2023, the industrys Whos Who meets in Hamburg for the event, which is co-locat

The Marcura Group today announced that it has signed a definitive agreement to acquire ShipServ, a leading maritime online procurement platform and marketplace. This strategic acquisition marks a significant milestone for both companies and

[Photo: BIMCO] As the maritime sector moves towards a greener and more sustainable future, BIMCO remains at the forefront of this transformation addressing the issue of alternative fuels. BIMCO is developing robust contractual tools for the

Aalborg, August 24, 2023-John T. Essberger, a leading shipping company based in Hamburg, is embracing digital transformation by replacing traditional handwritten logbooks with RINAs SERTICA Electronic Logbooks onboard its whole fleet. The d

On August 28, China Merchants Energy Shipping released its semi-annual report. In the first half of the year, its operating income was 12.99 billion yuan, a year-on-year decrease of 5.37%, and its net profit was 2.771 billion yuan, a year-o