Maritime trade between Arctic destinations and the rest of the world is expected to expand and an increasing number of ships are now undertaking voyages in polar waters. Technical developments in ship design and equipment continue to facili

1.Chinese authorities released a guideline to accelerate the building of world-class ports, outlining major tasks and a timetable for the sectors development. 2.Golar LNG has inked a sale and leaseback deal with CSSC Shipping, the financial

GE Renewable Energy has signed a cooperation agreement with State Power Investment Corp (SPIC) to bring the Haliade-X 12MW offshore wind turbine to China. GE announced in March last year that it will invest more than USD 400 million to deve

The international accredited registrar and classification society DNV GL has presented South Korean shipbuilder Samsung Heavy Industries Co., Ltd. (SHI) with an Approval in Principle (AIP) for the Cyber Secure (Advanced+) notation. Accordin

OceanRail Logistics, part of the Cosco Shipping Group, acquired 60% of the Greek railway company Piraeus Europe Asia Rail Logistics (PEARL) as part of its plan to develop its intermodal transport services network. OceanRail specializes in s

1.Chinese energy giant Sinopec is planning to build a fleet of 100 barges over the next three years as part of its mission to become a major regional supplier of the IMO 2020-compliant VLSFO. 2.China will make a billion-dollar investment in

On the morning of November 12, 2019, the opening ceremony of China Merchants RoRo Transportation Company (Guangzhou) was held in Nansha free trade zone, Guangzhou. Xie Chunlin, chairman of China Merchants Energy Shipping, reviewed the coope

Homegrown vessels to create job opportunities, establish new supply chain and promote tech innovation in China China has impressed the world with the construction of its high-speed railways and its first self-built large jetliner, and now t

Introduction The new IMO global sulphur cap requirements enter force on 1 st January 2020 and a robust and consistent approach to compliance is expected by all Port State Control (PSC) regimes. PSC inspections will be carried out in accorda

1.Dalian Area of China (Liaoning) Pilot Free Zone held a press conference on 12 November, announcing the launch of two new modes of bonded ship oil supply supervision. 2.The fourth phase of Nansha Port will accelerate the development of Gua

Dalian Area of China (Liaoning) Pilot Free Zone held a press conference on 12 November, announcing the launch of two new modes of bonded ship oil supply supervision, namely centralized distribution and supply and two-warehouse adjustment an

As Chinas cruise economy enters a high-quality development era, the potential of Chinas tourism service trade will be further released, benefiting even more companies at home and abroad as well as the Chinese public, industry players said o

Taiwans Evergreen Marine Corp Ltd has posted third-quarter profit from continuing operations of TWD87.4 million (US$2.65 million), an 89 per cent from the TWD771.2 million profit recorded in the same period last year, according to a filing

A UCLA student-led study found that drones can be used to determine whether ships are following pollution regulations. The drones could help enforce air pollution requirements by examining ships emissions through a sensor package, according

1.Chinese President Xi Jinping and Greek Prime Minister Kyriakos Mitsotakis on Monday visited the Piraeus Port, a flagship project in bilateral collaboration, and hailed it as a success under the Belt and Road cooperation. 2.COSCO Shipping