The World Shipping Council (WSC) Board of Directors has elected Soren Toft, CEO of MSC Mediterranean Shipping Company, as the new Chair of the World Shipping Council Board. Randy Chen, Vice Chairman of Wan Hai Lines, has been elected Vice C

Effective 1 January 2025, Ian Beveridge will hand over the executive management of Bernhard Schulte Shipmanagement (BSM) to BSMs Chief Financial Officer Sebastian von Hardenberg. Beveridge will remain CEO of the Schulte Group. He will also

On December 19, COSCO Shipping proudly partnered with Everbright Financial Leasing Co., Ltd. and Jiangsu Hantong Shipbuilding Co., Ltd. in Nantong to sign agreements for the construction and long-term leasing of 10 new 82,000-ton bulk carri

On December 23, New Golden Sea, a subsidiary of COSCO SHIPPING Holdings, launched the maiden voyage of its new Indonesia route YIX in Yangpu, Hainan. It marks the opening-up of another new shipping route between China and the ASEAN countrie

On December 18, the Green Energy Pearl, the second LNG transport vessel of the CNOOC project, was officially named at the Changxing Island Terminal of Hudong-Zhonghua Shipyard in Shanghai. The ceremony was honored by esteemed guests includi

Guy Hindley, Baltic Exchange Chairman. Credit: Guy Hindley Guy Hindley has been appointed as the new Chairman of the Baltic Exchange Council, with effect from 1 January 2025, following the leadership of Lord Jeffrey Mountevans who has held

Thomas A. Kazakos At a special meeting of the board, held on-line, the International Chamber of Shipping (ICS) have unanimously appointed Thomas A. Kazakos as its next Secretary General. Kazakos will replace Guy Platten who will be stepping

Fujian Guohang Ocean Shipping (Group) Co., Ltd., one of Chinas largest dry bulk shipping companies, is making a massive 4.4 billion (approx. $600M USD) investment in 20 new vessels, setting the standard for sustainability in global shipping

On December 17, Bank of China Financial Leasing Co. Ltd, based in Chongqing, successfully delivered a 99,000 cubic meter Variable Liquefied Ethane Carrier (VLEC) valued at over $100 million. This achievement, along with the delivery of a si

ONE is pleased to announce three North Europe Transatlantic services, effective from February 2025, which will be operated together with CMA CGM (CMA CGM), COSCO Shipping Lines (COSCO), Oriental Overseas Container Line (OOCL) and Evergreen

On December 9, BYD s first self-owned automobile carrier（PCTC）, BYD HEFEI, successfully began sea trials, marking a significant step in the companys maritime logistics strategy. This vessel is a milestone achievement, as it is the first

On December 16th, 2024, Anji Logistics successfully held its Strategic Investment Signing Ceremony at the SAIC Group Headquarters in Shanghai. Witnessed by the leaders of COSCO SHIPPING Group, Shanghai International Port (Group) Co., Ltd (S

Sohar Max with Anemoi Rotor Sails Image Credit: Anemoi Marine Technologies/Vale S.A. Anemoi Marine Technologies completed the installation of five Rotor Sails onboard the 400,000 dwt Very Large Ore Carrier (VLOC), Sohar Max, making it the l

Valemax Sohar Max has just completed a voyage from China to the Port of Tubaro, Brazil 5 rotor sails were installed, 35 m high and 5 m in diameter each Expectation is for efficiency gains of 6% and reduction of 3,000 tons of CO2equ./year On

On the vast blue seas, every sailing vessel stands as a testament to the harmonious coexistence of human civilization and nature. However, with the severe challenges posed by global climate change, the carbon emissions issue in the shipping