Maritime research consultancy Drewry believes that the industrys supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a big

The major chunk of global energy supply growth is expected to come from renewables and natural gas over the next two decades, but steep investment in oil exploration and production will be needed to meet crude demand in 2040. The global ene

Torqeedos new Deep Blue 100i integrated inboard electric propulsion system was honored today with a 2019 National Marine Manufacturers Association (NMMA) Innovation Award at the Miami International Boat Show. The Innovation Awards were judg

1.After more than 40 days navigation, the first 200,000-ton manganese ore carrier Genco Claudius successfully arrived at Qingdao Port on February 15. This is the largest tonnage manganese ore carrier docked at Chinese ports. 2.Chinas alumin

Chinese researchers are celebrating a breakthrough in the development of an unmanned semi-submersible vehicle that can launch a rocket to perform weather observations at sea. Developed by the Institute of Atmospheric Physics under the Chine

MIAMI Feb.14, 2019 (Marine NewsWire) Marine Marketers of America (MMA) today announced the winners of its 2018 Neptune Awards for Marine Marketing Excellence during the Miami International Boat Show. This years Neptune Awards competition wa

1.Chinese state-run shipping major Shandong Shipping has announced plans to set up a joint venture with ICIL Maritime Leasing, a Hong Kong-based unit of ICBC Leasing. 2.Guineas bauxite exports to China increased by 38.3% to 38.2 million ton

New Global Maritime Forum report: Decarbonization, digitalization and safety high on industry agenda The report Breaking New Ground presents the outcomes of the Global Maritime Forums recent Annual Summit in Hong Kong. The high-level meetin

Gu Mingzhang, captain of COSCO SHIPPING LIBRA, checks equipment aboard the ship at the Port of Antwerp in Belgium,Chinas 20,000 plus twenty-foot equivalent unit (TEU) container vessel COSCO SHIPPING LIBRA docked at the Port of Antwerp on Tu

Chinas cruise industry is undergoing a transition from rapid expansion to quality development against the background of a slowing national economy. As a result, foreign operators with more financial strength have started to launch more loca

The box volumes handled by HPH Trust edged down slightly in 2017, by just 1%. The total of 24.03m teu reflected mixed fortunes where the Kwai Tsing facility in Hong Kong saw throughput drop 6.6% to 10.62m teu. Hong Kongs poor showing was al

China has confidence in its ability to maintain stable trade growth in 2019 thanks to a raft of positive factors, a senior commerce official said Tuesday. The gradual recovery of global economy, Chinas opening-up efforts and pro-trade polic

Starts: 28/02/2019 Ends: 28/02/2019 Address: The Ritz-Carlton Shanghai, Pudong Shanghai IFC, 8 Century Avenue, Lujiazui, Pudong Shanghai, 200120 China Contact person: Wei Zhuang Contact email: Shanghai@bimco.org Join us in Shanghai for grea

1.The state owned Shanghai Zhenhua Heavy Industries (ZPMC) leading Chinese heavy equipment manufacturer, has announced it is to set up in Fuzhou, Fujian province to expand its business. 2.Hong Kong Marine Department issued a shipping note i

Propeller is the most significant machinery system of the ship. No matter what type of propeller it is, ship owners never make compromises on such important equipment as it directly affects the efficiency and safety of the vessel. Here we d