Global ship management company V.Group has been awarded a contract by Shanghai-basedBoqiang Heavy Industry Group to project manage a newbuildwind turbine installation vessel (WTIV). Under the contract, SeaTec,V.Groupsprovider of technical s

Following the first order in June, Singapores shipowner Eastern Pacific Shipping (EPS) returned to China Merchants Industry again and ordered six new dual fuel vehicle carriers. In just three months, it has ordered 12 new ships in two shipy

Today sees the launch of DNV, the worlds leading classification societys latest Maritime Forecast to 2050, part of the Energy Transition Outlook (ETO) suite of reports. Conceived to help shipowners navigate the technologies and fuels needed

Still governments and ports are placing stricter crew change requirements. For the first time ship managers report seafarer shortages. Travel restrictions, flight cancellations and domestic lockdowns continue to prevent seafarers from going

The Baltic Exchanges main dry bulk sea freight index eased from a more than 11-year high on Tuesday, but the index notched up its second monthly gain in three due to global shipping constraints and robust demand. The overall index, which fa

China has made great strides in technologies used in salvaging large-tonnage sunken ships, an official with the Ministry of Transport (MOT) said on Tuesday. Key breakthroughs in technologies required to salvage large-tonnage sunken ships -

COSCO SHIPPING Development Co., Ltd. is pleased to announce the consolidated results for the six months ended 30 June 2021 (the Period) today. In the first half of the year, the Company recorded a total operating revenue of RMB12.919 billio

Ship schedule adjustments were limited, and some routes had risen Ningbo Containerized Freight Index: In the week ending Aug-27, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 4000.2 points, sligh

TheMaritime and Port Authority of Singapore (MPA)s Academy welcomes 29 senior maritime and port officials, including port masters, harbour masters and middle management personnel from maritime and port authorities from 23 countries and the

A newly renovated FPSO Carioca MV30 built by Dalian COSCO Shipping Heavy Industry has been put into operation and yielded oil for the first time at an oilfield operated by Brazils Petrobras. The vessel, currently the worlds newest, is the 1

From January to June 2021, COSCO SHIPPING Holdings realized a net profit attributable to the shareholders of the listed company of RMB 37.098 billion, a significant increase from RMB 1.137 billion in the same period last year. The companys

The Maritime and Port Authority of Singapore (MPA) is organising the 8th run of the International Safety@Sea Week from 30 August to 1 September 2021. Organised annually by MPA for the international maritime community and top practitioners t

As part of the overall plan to strengthen the resilience of the community against COVID-19 and activities in port waters against the pandemic, Singapore will be rolling out the Sea Crew Vaccination Initiative or SEAVAX to allow eligible gro

Three yacht mariners rescued by the crew of CMA CGM T. ROOSEVELT in May 2020. A 25-hour search and rescue operation off the coast of Jamaica led by the CMA CGM vessel and its crew. CMA CGM emphasizes Safety First and solidarity at sea, supp

Container shipping is in uncharted territory. There has never been a crazy boom like this in its history. But as any shipping long-timer will tell you, there has indeed been a crazy boom like this in another sector: dry bulk circa 2007-2008