Haizhuang Wind Power (HZ Wind) under China Shipbuilding Industry Group Co., Ltd announced that the construction of its first-ever self-made 300 MW offshore wind power project has commenced in Dalian sea area, the company said on June 26. It

Oil prices fell on Friday, as the market was dampened by a surge in U.S. crude oil output in April and increased U.S. oil rig count this week. The West Texas Intermediate for August delivery decreased 0.96 U.S. dollar, or 1.62 percent, to s

International Maritime Organization (IMO) has been preparing ahead of the implementation date. From 1 January 2020, under IMOs MARPOL convention for the prevention of pollution from ships. Accordingly, the sulfur content of fuel oil used by

\ Seaborne trade keeps the world going. According to data released last year by the United Nations Conference on Trade and Development (UNCTAD), international seaborne trade expanded by 4 per cent in 2017 the fastest growth since 2012 and t

1.Evergreen Marine Corp achieved revenue growth of 24 per cent over the first five months of the year to total NTD77.1 billion (US$2.48 billion), driven by the expansion of cargo volumes to the US and Southeast Asia. 2.Chinas Rizhao Port Gr

With tensions rising in the Persian Gulf area following recent attacks on two tankers, War Risk underwriters are charging Additional Premiums (AP) for calls to the Arabian Gulf/Gulf of Oman. Some underwriters are charging a flat rate for al

In conjunction with the World Hydrography Day 2019, Dr Lam Pin Min, Senior Minister of State for Transport and Health, today announced the launch of GeoSpace-Sea, a new National Marine Spatial Data Infrastructure . GeoSpace-Sea will harness

Smart Port Challenge 2019 to Forge Collaborative Innovations Between the Maritime Industry and Start-Up Communities PIER71 to create opportunities for emerging entrepreneurs to innovate and excel At Innovfest Unbound1 2019, Dr Lam Pin Min,

Frank Coles, chief executive of Hong Kong-based shipmanager, Wallem Group has thrown the cat among the pigeons in the ship management sector with his advanced views on digitalisation of the shipping sector since joining the firm last Octobe

Hong Kongs Fleet Management chose the Day of the Seafarer to show off its brand new premises at 27/F South Island Place, Wong Chuk Hang, a location proving increasingly popular with Hong Kongs maritime community. Attended by Fleets full off

A container train fully loaded with automobiles and steel pipes left Dalian Port on Monday in Dalian, Liaoning province. It will arrive in Moscow, Russia, within 14 days. The traditional waterways would have taken 45 days, said Xia Ting, a

French liquefied natural gas containment system specialist, GTT has been contracted by Chinese Jiangnan Shipyard to design tanks for five new LNG-fuelled container ships. GTT said on Wednesday that the vessels had a capacity of 15,000 TEU a

The WMU-Koji Sekimizu PhD Fellowship on Maritime Governance was officially launched on 25 June 2019 at the International Maritime Organization (IMO) in London. Spearheaded by the World Maritime University (WMU) with support from the Maritim

The world will never see fully autonomous transoceanic commercial cargo ships. In fact, autonomous vessels are likely to operate in only very limited situations. In recent years, the prospect of fully autonomous vessels has become a hot top

The outlook for the global shipping sector into 2020 will remain stable, as higher expected earnings are counterbalanced by the US-China trade tensions and worldwide regulatory risks, says Moodys Investors Service in a sector report. It sai