20 November 2023, London: The International Chamber of Shipping (ICS), which represents over 80% of the worlds merchant fleet, and the International Bunker Industry Association (IBIA), which represents the global bunker industry, have submi

Recently, China Merchants JinlingShipyard (Weihai)signed a construction contract withCMA CGM for the construction of two 1,000-passenger LNG-powered cruise-class high-end ro-ro passenger ships. [Photo: Jinling Shipyard (Weihai)] CMACGM isa

[Photo: Xinhua] The Tianjin International Shipping Industry Expo 2023 was held from Thursday to Saturday in north Chinas Tianjin Municipality to promote the development of the global shipping industry and marine economy. Tianjin Port is the

Two new MARPOL regulations dictating fuel properties are due to take effect in 2024 and 2025. This includes the Mediterranean Sea becoming an ECA for SOx in 2025, and the Arctic banning the use and carriage for use of HFO, which will take e

Carbon capture, energy efficiency and green fuels are the roadmap to net zero by 2050. Thats the pathway outlined by the 2023 Outlook, Beyond the Horizon: View of the Emerging Value Chains, the latest industry-leading research from ABS into

Distillate Disconnect The European oil demand outlook is back in focus ahead of this winter, as continued macroeconomic developments cast a shadow over the regions energy market. In particular, European distillate demand is expected to unde

[Photo by Ji Haixin/Xinhua] NANJING, Nov. 16 (Xinhua) -- The total import and export of goods in east Chinas Jiangsu Province grew 5.4 percent year on year to 458.78 billion yuan (about 64 billion U.S. dollars) in October, local customs aut

Lenten Scheepvaart (the Netherlands) will go down in history as the owner of the worlds first-ever newbuild hydrogen-powered inland shipping barge. With this, the shipping company sets a new standard. An important step towards zero-emission

oceanis co-founder Erlend Sommerfelt Hauge highlights the opportunities for Chinese lessors to fill the gap left by Western financiers that have shifted focus Chinese leasing has seen remarkable growth in the maritime industry. Over the pas

15 November 2023 , London:A new study by the University of Southampton has been launched to assess the interrelationship between measures aimed at enhancing ship energy efficiency and underwater radiated noise (URN) emissions.The Internatio

The Hong Kong Convention will finally enter into force in 2025, but what does that mean in practice? How will ship recycling practices be impacted, and what will a key recycling nation like Pakistan do? Gards Special Adviser Kim Jefferies s

Members are referred back to circular of 21 August 2023 by which the International Group approved DSUA 2023.1. This version superseded DSUA 2021.1. Both versions remain approved for the purposes of Club cover. This notice confirms approval

OnNovember 13, China Merchants Energy Shipping (601872) announced that the company has signed 8 Ship Building Agreements with related party China Merchants Industry through its wholly-owned subsidiaries, ordering 2 82,000dwtbulk carriers an

Norwegian cruise line operator Viking Cruises said as Chinas tourism market continues to recover and demand for outbound travel rises, it has seen an upbeat business performance for cruises departing the country and will begin a new route f

Capesize The week began with an encouraging start in the Pacific market, marked by positive sentiment and a notable increase in volume with several tenders and operator-controlled cargoes, leading to a market increase of approximately 90 ce