IMOSecretary-General Kitack Lim has welcomed thedeparture fromOdesaof the first commercial ship to leave theportundertheUnited Nations supportedBlack Sea GrainInitiativeto establish a humanitarian maritime corridor for the safe passage of s

The worlds largest container ship with a capacity of 24,116 TEUs (twenty-foot equivalent units) was undocked at the shipyard of its builder Hudong-Zhonghua Shipbuilding (Group) Co Ltd, a unit of the worlds largest shipbuilder China State Sh

Chinas foreign trade will likely record double-digit growth in the second half of the year, thanks to the nations strong economic resilience and faster recovery pace, according to a former vice-minister of commerce. The annual growth rates

Bureau Veritas (BV), a world leader in testing, inspection and certification, Wah Kwong, one of Hong Kongs largest shipowners, and Shanghai Qiyao Environmental Technology Co. Ltd. (QIYAO ENVIRON TEC), a subsidiary of Shanghai Marine Diesel

Inchcape Shipping Services Holdings Limited (Inchcape) registered in England has signed an agreement to acquire Kennedy Hunter NV in Belgium from Conti-Lines Group (formerly Conti7). The 100% acquisition of Kennedy Hunter NV delivers Inchca

On July 29, the contract signing ceremony was held for a newly built LNG clean energy powered rake suction dredger with a capacity of 15,000 cubic meters invested by CCCC Shanghai Dredging. The proposed 15,000 cubic meters capacity LNG clea

On July 30, SHEN LAN, a fish processing vessel built by CSSC Huangpu Wenchong Shipbuilding was delivered. SHEN LAN is Chinas first and worlds most advanced fish processing vessel at present. SHEN LAN is about 120 meters in length, 21.60 met

The 2022 Shandong Port Trading Conference kicked off in Qingdao on July 28. With the theme of take a leading position through portsto embark on a new journey, the event aims to builda platform for industry exchanges and discussnew strategie

PetroChina International delivered its first gasoil cargo to Pakistan recently, signaling the companys breakthrough in the South Asia product market, the company said on its WeChat account on late July 28. Instead of China-origin, the gasoi

On July 21, the naming ceremony of COSCO SHIPPNG Ferrys first 3,000-LIM multipurpose ro-ro cargo ship, M.V. SHUN LONG HAI, was held at CSSC Guangzhou Shipyard Internationals shipyard. The ship is now the most advanced and intelligent large

Twenty-five bodies have been found while one person remains missing from the engineering ship Fujing 001, which sank off the coast of Yangjiang, Guangdong province, ahead of Typhoon Chabas arrival on July 2. Four crew members who had been r

Parting of tensioned mooring lines has been associated with some of the worst human injuries, and loss of life registered in Gards claims portfolio. Use of worn mooring lines, overtightening of the brakes, or sudden movements of the ship ar

Asset Play Over the past few years tanker owners have watched containership values surge to unbelievable levels, whilst their own values have struggled against a backdrop of weaker transportation fuel demand following the pandemic. However,

JAKARTA, July 29, 2022 - Wintermar Offshore Marine has announced results for 1H2022. Total revenue was up 25%YOY to US$25 million, helped by higher chartered vessels revenue. Revenues rebounded in 2Q2022 by 39%QOQ as several vessels commenc

With the formation ofChina Merchants Energy Shippings comprehensive shipping business layout and the deepening of digital transformation, in order to build a digital headquarter and promote efficientmanagement, the companys new generationIn