[Photo: Xinhua/Tang Yi] BEIJING, July 26 (Xinhua) -- Guoyuan Port in southwest Chinas Chongqing is bustling, with rows of new energy vehicles queuing up to be transported overseas via the New International Land-Sea Trade Corridor. Launched

The Panama Maritime Authority (AMP) and the National Maritime Authority of Peru signed an Inter-institutional Agreement that seeks mutual recognition of the training and certification of seafarers, in accordance with Rule I/10 of the Intern

The product tanker orderbook to fleet ratio has surged from 5.4% in December 2022 to 9.3% in June 2023, driven by a remarkable 337% y/y rise in contracting during the first half of this year. A spike in freight rates and product tanker dema

London and Singapore, 26 July 2023. An easing of chemical tanker earnings in Q2 has not discouraged owners tempted to place newbuilding orders. After a period of extremely strong vessel earnings and asset valuations, an unwinding of the sup

Since its establishment in 2005, the Global Maritime Consultants Group (GMCG) Shanghai office has committed to providing our clients with the most reliable, efficient, and up-to-date maritime consultancy services. Today, we are poised to he

LONDON, UK, 25 JULY 2023 newcleo, the clean and safe nuclear technology company developing innovative Generation IV reactors using nuclear waste as fuel,announced today that it has signed an agreement with Fincantieri (BIT: FCT), one of the

Andorra headquartered marine battery pioneer AYK Energy is setting its sights on becoming the worlds leading marine battery maker with the opening of a new state-of-the-art factory in Zhuhai, China. More than 100 guests joined the official

24 July 2023. Eastern Pacific Shipping Pte. Ltd.(EPS), and China Power International Development Limited signed a Framework Cooperation Agreement (FCA) to collaborate on the production of green energy and renewable fuel solutions. This part

(HOUSTON)Thetransformational impact of nuclear propulsion on the design, operation and emissions of a 14k TEU container vessel and a 157k DWT Suezmax tanker have been modeled by ABS and Herbert Engineering Corp. (HEC) in a groundbreaking st

The freight rate of most routes fell, and the freight rate of the North America route maintained the increase Ningbo Containerized Freight Index: In the week ending Jul-21, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping

24 July 2023, Singapore. The accelerating pace of the energy transition in shipping makes it essential that the industry provides support to the people who are part of this journey. Training remains a key priority for IBIA as we move into a

Recently, Wuhu Shipyard signed four 6,600dwt methanol dual-fuel ship construction contracts with foreign customers. This series of ships is an optimized and upgraded version of the 6,600dwt DC electric duplex stainless steel intelligent che

Capesize The Pacific market this week was marked by overall sluggishness, experiencing limited activity. The presence of two out of the three major players failed to stimulate trading volumes, leading to stagnant and lacklustre market condi

[Photo: Xinhua] The China Meteorological Administration unveiled its meteorological routing center in Beijing on Thursday. The center is expected to assure the safe and economic voyage of vessels and accelerate the establishment of Chinas o

Ambitious Targets The Maritime Environmental Protection Committee (MEPC80) took place in London in early July. A variety of different subjects were discussed, and measures adopted, rangingfrom matters related to the EEDI/EEXI calculations t