The International Maritime Organization (IMO), Bangladesh, and Liberia have announced the ratification of the Hong Kong Convention by both nations. BIMCO believes the ratification marks the beginning of a new era for the ship recycling indu

26 June 2023, London:The International Chamber of Shipping (ICS) celebrates the leadership shown by both principal ship recycling country Bangladesh and the worlds second largest ship registry, the Liberian Registry, for agreeing to ratify

Copenhagen, Denmark A.P. Moller - Maersk (Maersk) has made an order of six mid-sized container vessels all having dual-fuel engines able to operate on green1methanol. Yangzijiang Shipbuilding Group will build the six 9,000 TEU vessels which

26 June 2023, London: The International Chamber of Shipping (ICS) launches today a video titled An Adventurous Spirit, signifying the start of a global campaign to address the seafarer shortage. An Adventurous Spirit is the result of collab

SINGAPORE, 26 June 2023 Strategic Marine has signed an Exclusivity Agreement with VEEM Limited to supply its VG70, VG100 and VG140 marine gyrostabilizers to Strategic Marine on an exclusive basis for use on crew transfer vessels within Sout

On June 20, Hengli Shipbuilding (Dalian), a subsidiary of Hengli Heavy Industries, announced the signing of construction contracts for four 82,000 dwt bulk carriers and four 180,000 dwt bulk carriers. [Photo: Hengli Heavy Industries] It mar

SINGAPORE 25 June 2023 Yangzijiang Shipbuilding (Holdings) Ltd., a world-leading shipbuilding group based in China, and a Straits Times Index component company listed on the SGX Main Board, has been awarded a contract from Norway- based Kla

Economy: Experts forecast at least two more US rate rises to quell inflation. Meanwhile, China is cutting benchmark lending rates to stimulate its economic growth. The EU needs to catch up to America, from technology to energy to capital ma

NORDEN has recently placed a newbuilding order for six dry cargo vessels from Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS), a joint venture between COSCO Shipping and Kawasaki Heavy Industries, for delivery in the next two to three y

The noble aspirations to protect the marine environment celebrated by MARPOL at 50 are undermined when counterfeit parts are chosen for systems on board working ships, says Lars Nupnau, Head of Business Development at marine water specialis

5 Years Forward Last week the IEA published its much-anticipated Oil 2023 report, after being forced to cancel/postpone two of the previous three releases due to the pandemic and war in Ukraine. This years release is one of the few detailed

As the drive to protect our oceans gains momentum, INTERCARGO celebrates Day of the Seafarer 2023 which, this year, focuses on seafarers contributions to protecting the marine environment, in line with the World Maritime theme MARPOL at 50

Genoa, 22 June 2023-RINA has awarded an Approval in Principle (AiP) for a green retrofit package solution designed by the innovative naval architecture designer, AURELIA, in partnership withEconowind, Wattlab and Vertom. Using a series of i

Pacific International Lines (PIL) introduced a new weekly direct service connecting key ports in South Korea, China, Malacca Straits and Vietnam. The new service, known as Korea China Straits Service (KCS), will commence on 6 July 2023 from

With the peak ocean freight cargo season approaching, the latest data from Oslo-based Xeneta shows mixed fortunes, and outlooks, for the two main Far East to Europe trade corridors. Xenetas analysis reveals that shippers opting for the Far