The global trade association for ship operators, the International Chamber of Shipping, (ICS) has put forward a comprehensive proposal for a global levy on carbon emissions from ships, in what would be a first for any industrial sector. ICS

On September 2, Yangzijiang Shipbuilding announced that five alternative orders of 10 + 5 new Panamax 7000TEU LNG dual fuel container ships signed by the company and the worlds largest independent container ship owner Seaspan Corp were effe

Singapore-based Asiatic Lloyd announced that it has exercised its option to build two 7100TEU container ships at Dalian Shipbuilding Industry (DSIC). At the end of April, Asiatic Lloyd and DSIC signed a contract of 2+2 7100TEU container shi

On September 2, COSCO SHIPPING Holdings announced that ten wholly-owned subsidiary single ship companies of its holding subsidiary OOCL signed shipbuilding agreements with Nantong COSCO Khi Ship Engineering and Dalian COSCO Khi Ship Enginee

Aurora Tankers, the tanker arm of IMC Shipping, has completed its latest newbuilding series with the launch of its 50,000 dwt IMO II MR Chemical Tanker, Maritime Verity. The last delivery in a series of eight newbuildings, commissioned in 2

The Baltic Exchanges main dry bulk sea freight index fell to a two-week low on Thursday, as a retreat in panamaxes and supramaxes offset a slight uptick in the larger capesize segment. The overall index, which factors in rates for capesize,

For the third time Hamburg Messe und Congress has conducted a large-scale survey asking exhibitors and visitors of SMM, for decades the leading global trade fair for the maritime industry, to give their assessments of the sectors economic a

NAVTOR, a global leader in maritime e-Navigation and performance optimisation, has been selected to join a European-funded, Philips-led consortium focused on exploiting the potential, and ensuring the integrity, of cyber-physical systems (C

On August 30, China Development Bank Leasing announced its 2021 interim results. In the first half of the year, the companys operating income was approximately 10.442 billion yuan, a year-on-year increase of 8.6%; Net profit was approximate

Norwegian export credit agency Eksfin (formerly Export Credit Norway and GIEK) is playing a major role in accelerating the green shift at sea, providing loan guarantees approaching 1 billion Euro for the construction of 35 eco-friendly vess

China International Marine Containers (Group) Ltd (CIMC), a leading container manufacturer, registered a record H1 performance this year amid surging global demand for shipping containers. The companys revenue reached 73.2 billion yuan (abo

The Baltic Exchanges main dry bulk sea freight index extended its fall to a second day on Wednesday, as rates across vessel segments weakened. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels,

Major Chinese and Hong Kong shipping groups logged record revenue and profit growth in the first half of the year, buoyed by a confluence of factors driving up international freight rates. State-owned COSCO Shipping Holdings, the worlds thi

Maritime transport plays and will continue to play an essential role in global and European trade and economy. In recent years, the maritime sector has taken significant measures to alleviate its environmental impacts. Ahead of a projected

RINA has announced its acquisition of the entire share capital of Logimatic Solutions, a leading software company, headquartered in Denmark. The company, with a turnover of about 6 million euros, will be fully integrated within the RINA Gro