The technology group Wrtsil will supply the Cargo Handling and Fuel Supply systems for four new Very Large Ethane Carrier (VLEC) vessels. These ships are being built for Pacific Gas of Hong Kong by Jiangnan Shipyard in China. The order was

Hapag-Lloyd today published its annual report for 2022, the year of its 175th anniversary. According to the report, Hapag-Lloyds EBITDA increased to USD 20.5 billion (EUR 19.4 billion). EBIT grew to USD 18.5 billion (EUR 17.5 billion), and

On February 21, Cao Ziyu, Party Secretary and Chairman of Hebei Port Group visited Zhonggu Shipping Group. The two sides introduced the development of container and shipping in Hebei and the development of Zhonggu Shipping. Hebei Port Group

Cairo, February 21, 2023 Chevron New Ventures PTE. LTD. (Chevron) and the Egyptian Ministry of Petroleum and Mineral Resources (MOPMR) have signed a memorandum of understanding (MoU) to share best practices and expertise related to the redu

SINGAPORE 23 February 2023 Yangzijiang Shipbuilding (Holdings) Ltd. ( Yangzijiang , together with its subsidiaries, the Group ), a globally-leading shipbuilding group based in China, and a Straits Times IndexcomponentcompanylistedontheSGXMa

Wuchang Shipbuilding Industry Group, a subsidiary of China State Shipbuilding Corporation Limited, signed a strategic cooperation agreement with Shanghai Merchant Ship Design and Research Institute (SDARI) in Shanghai on Feb 17. The two sid

COSCO SHIPPING International (Singapore) Co., Ltd., together with its subsidiaries, wishes to update shareholders that based on a preliminary review of the Groups unaudited consolidated financial results for FY2022, the Group is expected to

Long-term MAN Energy Solutions licensee, Mitsui ES Machinery, has won another contract to supply the individual MAN BW 6G50ME-LGIM (-Liquid Gas Injection Methanol) engine for a 65,700 dwt bulk carrier slated for construction at Tsuneishi Sh

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line on a quarterly basis. This announcement sets out the unaudited operational

Recently, the first batch of polycarbonate made by SINOPEC SABIC Tianjin Petrochemical Co. Ltd. (SSTPC) was containerized and shipped by PANASIA Shipping, a subsidiary of COSCO SHIPPING Lines, from Tianjin Xingang. It was the first time tha

On February 8, the China Electric Ship Innovation Alliance developed by China COSCO Shipping Corporation Limited and COSCO Shipping Development was established. More than 80 companies attended the founding conference of the China Electric S

HONG KONG, Feb 8, 2023 - (ACN Newswire) - On the closing night of 20 January, CIMC (000039.SZ) released 2022 results forecast. During the reporting period, net profit attributable to the parent was RMB3 billion to RMB3.8 billion, and net pr

On February 6, China Merchants Group (CMG) and CNOOC signed a strategic cooperation agreement in LNG in Beijing, to jointly develop green and low-carbon energy and achieve the goal of double carbon. According to the agreement, China Merchan

February 7th 2023. A.P. Moller Maersks logistics operations and services continue to be impacted by the earthquake in Turkey and Syria, which hit the region on Monday 6 February 2023 and provoked a number of aftershocks. The Port of Iskende

The technology group Wrtsil has successfully retrofitted an inline shaft generator system on the Berge Toubkal, a cape-size bulk carrier owned by Singapore-based Berge Bulk. This is the marine industrys first-ever shaft generator retrofit,