First international marine mutual to establish representative presence in mainland China with expanded operational capabilities The London PI Club today announced the opening of its new Representative Office in Shanghai, located in the city

Official Vietnamese sources and VOV.VN confirm that the Liberian-flagged Capesize bulk carrier Star Bueno (178,978 DWT) ran aground off Quang Ngai Province on October 26 during severe weather. The vessel, carrying 174,790 tons of iron ore f

On Monday evening, November 3rd, the Dutch national awards for maritime innovations were presented. The winners were honoured for their innovative, and striking contributions to the sector. Out of 15 nominees, a professional jury selected f

IBIA The International Bunker Industry Association and the International Association of Dry Cargo Shipowners (INTERCARGO) have entered into a reciprocal membership agreement to reinforce collaboration between the dry bulk shipping and marin

According to new data from Clarksons Research, the size of the global shadow fleet continues to grow as Western nations intensify their waves of sanctions. Most notably, roughly one-third of the worlds Aframax tankers have now been added to

Download reports at: Ningbo Containerized Freight Index Weekly Commentary 2025 10.25-10.31 NCFI Weekly Index Data 2025 10.25-10.31 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Cont

The VLCC newbuilding market is heating up again as the fourth quarter unfolds, with major shipowners rushing to secure yard slots amid surging tanker earnings and tightening green compliance rules. In Asia, HMM has confirmed new orders for

The project and breakbulk shipping market has remained resilient in recent years, creating new momentum for investment in the multi-purpose vessel (MPP) sector. Taizhou Nuode Shipping Co., Ltd., a fast-rising Chinese shipping investor, is s

On October 30, 2025, COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING Holdings, SSE: 601919; HKEX: 1919) released its third-quarter report for 2025. Despite a complex external environment and intensified freight rate fluctuations, the comp

Following the October 27 signing ceremony with Greek shipowner EFNAV for six 82,000-DWT bulk carriers, Hengli HI announced on October 30 that the company has signed several new contracts two VLCCs and three 4,600-TEU，two 2,700-TEU contain

Spokesperson of the Ministry of Commerce Answers Questions on the Joint Arrangement Reached During the China-U.S. Economic and Trade Consultations in Kuala Lumpur Q: It is understood that China and the United States have reached a joint arr

29 October 2025 London Oil Companies International Marine Forum (OCIMF) has launched a Focused Inspection Campaign (FIC) under its SIRE 2.0 tanker inspection programme aimed at reinforcing maritime security readiness across the global tanke

The International Association of Dry Cargo Shipowners (INTERCARGO) is marking its 45th anniversary in 2025 with record membership, expanded global reach and a renewed focus on the industrys future priorities. The Association now counts more

After the International Maritime Organization postponed the vote on its Net-Zero Framework, attention in the shipping market is quickly shifting from newbuilding to retrofit and repair. Aging vessels are approaching mandatory special survey

At around 12:30 p.m. local time on October 28, 2025, a Russian crude oil tanker, KOMANDER, ran aground in the southern section of the Suez Canal after suffering a main engine failure, briefly disrupting northbound traffic through one of the