Were thrilled to announce a major milestone in maritime partnerships! On August 27th, in Hong Kong, Hengli Group and Wah Kwong Maritime Transport Holdings Limited officially signed an agreement to build two 114,000 DWT LR2 product tankers,

On the evening of September 2, Chinas shipbuilding industry announced a historic merger between two of its largest players, China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC). This merger, expecte

Image caption: Wrtsil will upgrade the exhaust treatment system onboard four vessels in Norwegian operator Color Lines fleet Color Line Technology group Wrtsil will upgrade the exhaust treatment system onboard four vessels in Norwegian oper

Cash-rich dry bulk shipowners returning from their summer vacations have enjoyed markets characterised by remarkable stability, with spot rates trading in atypically narrow ranges. Fleet dynamics have seen exceptionally low levels of vessel

Lloyds Register Group (LR), a global provider of maritime professional services and digital solutions, has reached an agreement to acquire Ocean Technologies Group (OTG), a leading trusted provider of human capital management and operationa

According to XINDE MARINE NEWS, Zhang Feng has been appointed as the Deputy General Manager and a member of the Party Leadership Group at COSCO Shipping Group. With a distinguished career spanning nearly three decades in the container shipp

In a groundbreaking announcement on August 30th, COSCO Shipping Development has unveiled its largest shipbuilding and leasing deal since its transformation into a shipping finance operator in 2016. This historic agreement involves the const

StormGeo, a global leader of weather intelligence and voyage optimization services and part of Alfa Laval, announced today the launch ofStormGeo FuelEU Maritime, a new solution designed to address the demands of the FuelEU Maritime regulati

Orient Overseas Container Line Ltd. (OOCL) and partners join hands to advance low-carbon shipping, opting for cleaner fuel to reduce supply chain emissions. With the participation of several partners including IKEA and Kyocera, the first vo

Diana Shipping Inc. (NYSE: DSX), (the Company), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a tim

The Regulations on Ships Routeing System for the Shanghai Section of the Yangtze River (2024) (hereinafter referred to as the Routeing System (2024)) issued by the Maritime Safety Administration of the Peoples Republic of China came into ef

On August 29, 2024, COSCO SHIPPING Lines, a wholly-owned subsidiary of COSCO SHIPPING Holdings, signed a contract with Yangzhou COSCO SHIPPING Heavy Industry in Shanghai for the construction of twelve 14,000 TEU methanol dual-fuel container

Seacon Shipping Group Holdings Limited has just released its second interim report since going public, showcasing not only its strong financial performance but also a staggering surge in profitability for the first half of 2024. The Hong Ko

COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING Holdingsor the Company, SSE: 601919; HKEx: 1919) today announced its 2024 interim results. In the first half of 2024, the global container shipping market was intertwined with tight effectiv

OceanScore has identified tangible savings on the cost of compliance with FuelEU Maritime that can be made through burning biofuels to generate surpluses for vessel pooling and thereby capture financial gains from overcompliance with carbon