On November 19, 2020, Shanghai Maritime Safety Administration issued the first qualification certificate to Shanghai CMA CGM International Ship Management in Lingang New Area. The company became the first wholly foreign-owned enterprise in

The combination of market mechanisms and regulatory instruments will be the defining feature of shippings journey to decarbonization. Though regulation remains critical to implementation, the drive from the industry will accelerate the proc

There are dangers associated with the carriage of certain solid bulk cargoes like bauxite, direct reduced iron cargoes, iron ore fines, nickel ore, palm kernel shells, iron sand and distillers dried grains with solubles more commonly known

From ferrying vessel crews on top of the waves, to housing rare aquatic life beneath them, Inchcape 1 continues to serve a unique community in the welcoming waters of the UAE. I dont think the naval architects behind Inchcape 1 originally d

Elcome International has been appointed as a non-exclusive distributor of Navimeteo professional weather forecasting and observation services globally. Navimeteo offers subscription-based marine weather forecasting services designed primari

On November 18, COSCO SHIPPING Bulks first customized ship for Chinalco Guinea project, HUI ZHI HAI (N946), was successfully christened. The ship is the first ship of 8 210,000 dwt bulk carriers built by COSCO Shipping Heavy Industry (Yangz

The worlds largest trade pact was signed on 15 November 2020 by leaders from 15 countries comprising all 10 ASEAN members and key partners of Australia, China, Japan, South Korea and New Zealand after nearly 10 years it was contrived at the

The Regional Comprehensive Economic Partnership agreement will be a strong growth driver for the shipping industry, logistics firms and major ports, industry experts said. Participating countries of the RCEP are the 10 member states of the

The Shanghai International Energy Exchange (INE) is considering using oil storage sites in Singapore owned by PetroChina Co as a delivery point for its low-sulphur fuel oil futures contract, according to two sources with direct knowledge of

Chinas commercial oil stockpiling sector, which emerged as a key swing buyer of crude as prices plunged earlier this year, is setting plans to grow again in 2021, supporting a further boost in imports. Private tank farm operators, refiners

Pacific International Lines (PIL, the Group), today announced the Groups unaudited financial results for financial year 2019 (FY 2019) and first half 2020 (1H 2020). Amid prolonged challenges and weak demand posed by the COVID-19 induced re

An ageing fleet of ships and historically low levels of newbuild activity present significant challenges to the International Maritime Organizations goal of reducing overall CO2 emissions from the shipping industry. The latest analysis of C

The Interim Report 3rd Quarter 2020 for A.P. Mller - Mrsk A/S is hereby enclosed. CEO of A.P. Mller - Mrsk A/S, Sren Skou, states: Despite COVID-19 negatively affecting activities in most of our businesses, our disciplined execution of the

On November 17, China State Shipbuilding Corporation held a logo release ceremony. Lei Fanpei, secretary and chairman of the Party Committee of CSSC attended the ceremony. Yang Jincheng, deputy secretary and general manager of the Party Com

CDB Leasings six wholly-owned special purpose companies entered into a ship purchase agreement with the seller on Nov. 16, 2020 to buy six 60,000 dwt bulk carriers with about $137.1 million. CDB stated that the company has paid a 10% deposi