On November 1, Yantian Port Co., Ltd. (Yantian Port) announced the completion of a major capital-raising effort as part of its asset restructuring strategy. Yantian Port issued 913,758,995 new shares at 4.38 per share, securing a total of 4

At COSCO Shipping, innovation and sustainability go hand in hand. On October 30, 2024, COSCO Shipping Energy, in collaboration with COSCO Shipping Heavy Industry, unveiled a groundbreaking design for a 50,000-cubic-meter dual-fuel ammonia/L

On October 28, Shandong Shipping Corporation (SSC) took a significant step towards strengthening collaboration within Chinas maritime sector by signing a Deepened Cooperation Implementation Agreement with Sinopec Fuel Oil Sales Company and

After a remarkable 20-month consecutive rise, the China Newbuilding Price Index (CNPI) has registered its first decline in October 2024, edging down by just one point to 1,130. While the drop may seem minor, it could mark a potential turnin

T.S. Lines Ltd. ( 2510.HK ) has become the first Taiwanese shipping company to be listed on the The Stock Exchange of Hong Kong Limited , marking a significant achievement in the global capital market. Opening at HKD 4.18, the listing attra

On November 1st, Dalian Shipbuilding, in partnership with China Shipbuilding Trading, officially began construction on the worlds first methanol dual-fuel intelligent Very Large Crude Carrier (VLCC) for China Merchants Energy Shipping (CMES

On October 29, 2024, Hubei Jinyu New Energy Shipbuilding Co., Ltd. celebrated its groundbreaking ceremony, marking a significant advancement in the field of new energy vessels. The event was attended by over 500 guests, including local offi

The Transpetro contract win follows expansion by Marlink in South America as it responds to a strong energy market and growing demand for managed, integrated solutions from vessel owners and operators. (Picture: Transpetro) Marlink, the lea

COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING Holdingsor the Company, SSE: 601919; HKEx: 1919) announced the third quarter results for 2024 (the Reporting Period). In the first three quarters of 2024, the volume of cargo in major market

The successful completion of the MAERSK HALIFAX retrofit, making it the worlds first 14,000 TEU container vessel to convert to methanol dual-fuel. This transformative project, concluded on October 29 at AP Dockyard in Zhoushan, Zhejiang, ma

On October 24th, Wuchang Shipbuilding officially commenced construction on a groundbreaking RoRo (Roll-On/Roll-Off) vessel designed for LOUIS DREYFUS ARMATEURS (LDA) Group. This vessel is not only a testament to advanced engineering capabil

Wrtsil has introduced its innovative NextDF feature for the Wrtsil 25DF dual-fuel engine. Wrtsil Corporation Technology group Wrtsil has introduced its innovative NextDF feature for the Wrtsil 25DF dual-fuel engine . While operating on liqu

SIMOPs of Methanol Bunkering at Busan New Port (Source: Hyodong Shipping Co., Ltd.) In a significant step towards establishing eco-friendly maritime practices, South Korea successfully conducted its first Simultaneous Operations (SIMOPs) of

Lloyds Register (LR) has awarded the maritime industrys first Enhanced Antifouling Type Approval to GIT Coatings. The development of this new type of approval sets a new standard for antifouling coatings to address the growing need for effe

Exciting developments in green shipping! On October 25, the worlds first 210,000-ton ammonia-fuel dual-fuel bulk carrier, designed by China State Shipbuilding Corporations Marine Design and Research Institute (CSSC MARIC) for Belgiums CMB.T