On May 28, Nantong COSCO Khi Ship Engineering delivered the 81-type 82,000-dwt bulk carrier NAVIOS AMITIE built for INDIGO MARINE SHIPPING. NAVIOS AMITIE is a flat-deck bulk carrier with a bow. It has 7 cargo tanks and can carry cargo such

CNOOC Energy Technology Services Limited and SK Innovation Co., Ltd. signed a letter of intent on FPSO integrated services of Lufeng 12-3 oilfield in Shenzhen on May 27, 2021. Lufeng 12-3 oilfield is jointly invested and developed by SKI an

Based on information provided by a BIMCO owner member, BIMCO updates the information on UN 3077 environmentally hazardous solid bulk cargoes and its relation with the International Maritime Solid Bulk Cargoes ( IMSBC) Code. Subsequent to th

Takingactionwas the overriding theme of Ocean Now this week, a new two-day, hybrid event launched by Nor-Shipping. Despite the fact that global industry stakeholders are still grounded by travel restrictions, the desire, and need, to connec

Chinas hog industry has transformed over the last few decades as countless unsophisticated backyard farms have been converted into an industry sporting multi-storey farms with AI technology. This switch has been ongoing for decades, but rap

The 8,500TEU container ship, OOCL Durban has collided with bridge crane at the Port of Kaohsiung. The 8,500TEU OOCL Durban has crashed with the No. 70 Yangming Wharf bridge crane at the Port of Kaohsiung in Taiwan causing two cranes to coll

The Sri Lankan Navy on Wednesday said that operations to tow the burnt X Press Pearl ship had been halted after the rear end of the vessel had hit the sea bed. Navy Spokesman Captain Indika De Silva told Xinhua that following a few hours of

Canadian shipowner Algoma Central Corporation has announced the execution of an alternative order for an additional Seawaw-Max self-unloading bulk carrier in Yangzijiang Shipbuilding. The new vessel will be Algomas first Equinox 2.0 bulk ca

The Baltic exchanges main sea freight index slipped for a sixth straight session on Wednesday due to a fall in capesize rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities

Carbon emissions produced from seaborne coal exports stayed steady last year despite the impact of the coronavirus on consumption, a study showed on Wednesday, although the sector faces growing environmental scrutiny. Coal is among the bigg

DNV, the worlds leading classification society, has awarded IC Technology (ICT) an Approval in Principle (AiP) for its new liquid hydrogen membrane type containment system. Hydrogen is emerging as a key to enabling the energy transition, in

A Singapore-registered containership X-Press Pearl had caught fire on 20 May 2021 in the waters of Sri Lanka after departing from the Indian port of Hazira. As reported by the ship operator, X-Press Feeders, the ship was carrying 1,486 cont

Volvo Penta is expanding its capabilities, experience, and range by becoming the majority shareholder of Norwegian marine battery and electric driveline solutions supplier ZEM AS. Volvo Penta has announced an exciting new acquisition of ZEM

Landbridge Group signed a sale-leaseback contract of VLCC Landbridge Glory with Taiwans Sincere Navigation Corporation. On May 28, Bridge Poiema Limited, a 55%-owned subsidiary of Sincere Navigation Corporation, acquired a very large crude

On June 1, China Development Bank Leasing announced that six wholly-owned SPV companies (buyers) and six SPV companies (sellers) entered into a ship purchase transaction on May 31, 2021. The buyers agreed to purchase the ship at a price of