Evergreen Marine announced that it has officially joined Ship Recycling Transparency Initiative/SRTI. Ship Recycling Transparency Initiative is an online platform launched by Sustainable Shipping Initiative. Shipping companies that join the

1.Bunker fuel demand in Hong Kong is seen falling around 10% in August from July due to a new 14-day quarantine rule deterring ships from making bunker-only calls at the port. 2.Representatives from flag, coastal and port authorities from C

Bunker fuel demand in Hong Kong is seen falling around 10% in August from July due to a new 14-day quarantine rule deterring ships from making bunker-only calls at the port, with the demand already seen shifting to Chinas developing bunkeri

ADNOC Logistics Services (ADNOC LS), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced today the formation of a new strategic joint venture (JV) with Wanhua Chemical Group (Wanhua). The

On July 29, 2020, Hudson Regional Hospital hosted the 2020 Hero Award ceremony in Secaucus, New Jersey to recognize businesses and individuals that supported the municipality and the hospitals throughout the COVID-19 pandemic. COSCO SHIPPIN

Representatives from flag, coastal and port authorities from China, Denmark, Finland, Japan, the Netherlands, Norway, Republic of Korea, and Singapore met at a virtual event on 4 August 2020 to launch the MASSPorts initiative. The event was

LNT Marine, Wuhu Shipyard and SDARI signed a joint design agreement on July 31, under which the three parties will jointly develop and utilize LNT A-Box (Type A) cargo containment system invented by LNT Marine to design 40,000 m3 LNG carrie

Norways OHT has signed a shipbuilding agreement with China Merchants Heavy Industries (CMHI) for 2+2 wind power installation ships. OHT signs the agreement through VIND Offshore Installation AS, a wholly-owned subsidiary. The new ship will

1.Evergreen Marine Corporation (Taiwan) Ltd. becomes the eleventh shipowner to publicly disclose its approach to ship recycling through SRTI online platform. 2.Baowu will build the largest renewable resources industrial base in East China w

M.V. ROKNOOR-32, a General Cargo vessel, built under the classification of the Indian Register of Shipping (IRClass), was successfully launched from the Delta Shipyard in Chattogram, Bangladesh. Ordered by Unichart Navigation Limited, M.V.

New Executive Vice President Chief Operating Officer Katarina Lindstrm officially joined Hempel on 1 August. As Executive Vice President Chief Operating Officer (COO) and a member of the companys Executive Management Board, Katarina Lindstr

Futures prices of steelmaking ingredients in China rose on Monday, with iron ore jumping more than 4% and coke scaling a 12-month high, on strong demand as the worlds top steel producer continues to ramp up output. The most-traded iron ore

The Baltic Exchanges main sea freight index climbed on Monday, as demand for capesize and panamax vessels rose. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and su

On July 31, China State Shipbuilding Corporation announced that the company has successfully raised a total of 3.866.8 billion yuan from 11 investors. So far, the nearly three-year project of CSSCs market-oriented debt to equity swap and ma

Baowu will build the largest renewable resources industrial base in East China with shipbreaking as the core in three years. On July 6, Ou Ye Chain Gold (Jingjiang) was inaugurated in Jingjiang. The registered capital of the project is 195