The worlds first energy-saving very large crude oil carrier (VLCC) aided by wind power was unveiled on Tuesday in Dalian City, northeast Chinas Liaoning Province, making China the first country to produce such carriers. The carrier, mainly

In the third quarter of 2018, A.P. Moller - Maersk progresses in the strategic business transformation, reporting growth in both Ocean and non-Ocean with a total revenue increase of 31% to USD 10.1bn, 12% excluding Hamburg Sd. Growth in non-

1.Taiwanese container carrier Wan Hai Lines confirmed an order of 20 container vessels with Japan Marine United Corporation(JMU) and Guangzhou Wenchong Shipyard (GWS) and China Shipbuilding Trading Company(CSTC). 2.Development and construct

The terminal operating systems (TOS) provider announced a new partnership with COSCO Shipping Ports Limited (CSP), creating a joint Center of Excellence (CoE). Navis is a part of Cargotec Corporation and provider of operational technologies

The global maritime industry is cautiously optimistic about the global business environment for world trade, but also concerned about the potential impact of trade tensions, cyber security, fuel costs and other headwinds to industry recover

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco unit, has announced Trans-Atlantic cancellations over the Christmas and New Year period. OOCL said in a statement that the cancellations have been made in response to the expecte

Danish shipping company TORM has established a joint venture with scrubber manufacturer ME Production and Guangzhou Shipyard International (GSI). The joint venture, ME Production China, will manufacture and install scrubbers in China and de

Development and construction of Chinas first deep-water exploration well in the South China Sea, the Lingshui 17-2 gas field, kicked off on Monday in an effort to ensure the countrys energy security and gas field construction in the region,

The Mahu field in Northwest Chinas Xinjiang autonomous region, one of China National Petroleum Corporations largest finds in recent years, witnesses daily oil production of more than 405.6 cubic meters and daily gas production of 36,000 cub

1.The Hong Kong Legislative Council has recently approved the Air Pollution Control (Fuel for Vessels) Regulation,extending the 0.5% sulphur limit standard from ships berthed at port to ships generally operating in Hong Kong waters. From 1s

Taiwanese container carrier Wan Hai Lines confirmed an order of 20 container vessels with Japan Marine United Corporation (JMU) and Guangzhou Wenchong Shipyard (GWS) and China Shipbuilding Trading Company (CSTC). During the contract signing

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that its 3rd quarter net loss after tax for Q3 was USD 30 million, a reduction of 76.16% compared to last quarter, and USD 220 million for the nine-month period. H

Tokyo Leading classification society ClassNK and TV Rheinland have concluded a worldwide partnership agreement for cybersecurity services. ClassNK is a classification society which carries out surveys to help ensure the safety of vessels an

1.The Danish shipping company TORM established a joint venture with scrubber manufacturer ME Production and Guangzhou Shipyard International,to manufacture scrubbers to reduce sulphur emissions in respect of the IMO 2020 limit. 2.HONG KONGs

While all eyes are on 2020 and the introduction of the IMOs global sulphur cap, Hong Kong and Taiwan are aligning their emission regulations with the Chinese Emission Control Area (ECA) requirements and will implement a local 0.50% sulphur