Lloyds Register (LR) and the Liberian International Ship Corporate Registry (LISCR) have awarded Design Approval to HD Korea Shipbuilding Offshore Engineering (HD KSOE) and Hyundai Mipo Dockyard (HMD) for the development of the worlds first

During the first five months of 2023, demand for Capesize ships increased 5% y/y while supply increased 3% y/y. Nonetheless, spot rate increases remain hesitant, largely due to concerns over Chinas fragile economic recovery,says Filipe Gouv

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), launched PIER71s Smart Port Challenge (SPC) 2023 today at InnovFest x Elevating Founders 2023, the

On June 7, 2023, Avance Gas Holding Ltd has entered into a newbuilding contract with CIMC for the construction of two mid- sized LPG/ammonia carriers with dual fuel engines that canrun on LPG as fuel in addition to compliant fuel oil. The s

Political protests have led to civil unrest in the city of Dakar as supporters of the convicted opposition leader clash with police. These recent riots have been triggered by a prison sentence handed down to opposition leader Ousmane Sonko

Oslo, Norway, 07 June 2023: Classification society DNV and Zakher Marine International (ZMI), owner and operator of Jack up barges and offshore support vessels, signed a memorandum of understanding (MOU) at the Nor-Shipping trade fair today

[Photo: cnsphoto] Chinas foreign trade grew 4.7 percent year-on-year in the first five months of the year, extending good momentum for steady and consolidated growth, official data showed on Wednesday. According to data released by the Gene

Lloyds Register (LR) has awarded Daphne Technology with Approval in Principle (AiP) for its PureMetricsTMemission monitoring and reporting system, a key tool for understanding and mitigating emissions resulting from methane slip. Methane sl

Insufficient funding is the maritime sectors biggest barrier to greater cyber resilience in 2023, as safety-compromising threats to the industrys operational technology gather pace Tightening regulation raises hopes for greater investment i

Korean Register (KR) has awarded an AIP (Approval in Principle) for a 40,000 m3 LCO2 carrier developed by Samsung Heavy Industries (SHI) in collaboration with KR. The certificate was presented during a ceremony held at Nor-Shipping 2023 in

The International Maritime Organization (IMO) has long been committed to reducing the industrys carbon footprint, aiming for a minimum 50% reduction in GHG emissions by 2050 through stricter regulations and improved energy efficiency. Howev

Oslo, Norway: Lasse Kristoffersen, President and CEO of Wallenius Wilhelmsen, has been awarded the WISTA Norway Leadership Award 2023. This marks the first time the award has been presented to a male industry leader in recognition of his co

Recently, CSSC Huangpu WenchongShipbuilding and China Shipbuilding Trading signed a contract with Singapore shipowner X-Press Feederfor the construction of 6+2 1250TEU methanol dual fuelcontainer ships. [Photo: CSSC Huangpu Wenchong] The 12

Korean Register (KR) has granted an Approval in Principle (AIP) for a methanol-fueled MR tanker, jointly developed by KR, South Korean shipbuilders K Shipbuilding and equipment manufacturer SSYS at Nor-Shipping 2023 in Oslo, Norway on 6 Jun

Chinas Economic Rebound Remains Elusive, Impacting Market Outlook and Growth Prospects Chinas exports to the EU and the US declined after central banks and the Federal Reserve raised interest rates in March. The demand for products from Chi