Hong Kong United Dockyards has unveiled its planto build the first dual fuel(Liquefied Natural Gas-Marine Gas Oil, LNG-MGO) standby vessels, in support of the Hong Kong Climate Action Plan 2030+ to reduce carbon intensity. Held on the same

Shandong Port Group (SPG), the worlds largest port conglomerate in terms of cargo capacity, launched 33 projects with a combined investment of 30.34 billion yuan ($4.54 billion) at Zhifu Port Area of Yantai Port, a subsidiary of SPG,onApril

Last year, Xinde Marine News conducted an interview with Simon Bennett, the deputy secretary generalof ICS (see details: ICS Deputy secretary General: We are concerned about the vaccination of seafarers. China has a huge influence in the glo

During the interview by Xinde Marine News, Simon Bennett, Deputy Secretary General, ICS, shares his views about crew change crisis, decarbonisation and IMO 2020. He also highlights the importance of the cooperation with China. Crew Change C

Maritime satellite communications are evolving to serve the ever-increasing data demands of a digitally maturing shipping industry The twin trends towards decarbonisation and digitalisation in shipping are driving an exponential increase in

As shipping looks to new fuels and power sources to reduce emissions, ship power will no doubt look very different in the years ahead. But for most vessels, one thing will remain constant; the engine will be the heart of the power system. W

GTT announces that it has received, in April 2022, an order from its partner the Chinese shipyard Hudong Zhonghua (HZ) for the tank design of the first four Liquefied Natural Gas Carriers (LNGC) for the Qatargas project on behalf of the shi

Early in the morning of April 22, COSCO SHIPPING Lines Durian Express, loaded with 135 containers of imported durians, successfully docked at Nansha Port. After berthing, the first batch of containers were quickly unloaded, cleared by custo

Impacts to trade flows seen from geopolitical fallout of Russias invasion of Ukraine are expected to have long-lasting bullish effects in the tanker market, tanker owner International Seaways said May 4. We anticipate permanent changes to o

Redefining Refining In recent weeks, headline refining margins have surged to record levels, whilst clean tanker rates have also tested or exceeded previous records depending on the region/route. Rates remain volatile and with the Internati

On April 29, COSCO SHIPPING Holdings released its results for the first quarter of 2022. In the first quarter of this year, the company achieved operating income of 105.53 billion yuan, a year-on-year increase of 62.75%; Net profit attribut

The International Maritime Organization (IMO) Maritime Safety Committee (MSC 105), which met 20-29 April 2022, adopted the following resolution on 28 April 2022: RESOLUTION MSC.495(105) -Actions to facilitate the urgent evacuation of seafar

Industry veteran Adrian Tolson sees at lack of vigorous guidance from regulators meaning that the only way to genuinely tackle longstanding and widescale fuel delivery shortages is for the bunker industry to change its mindset, and become m

The container throughput of Ningbo-Zhoushan port in east Chinas Zhejiang Province is expected to exceed 3 million twenty-foot equivalent units (TEUs) in April, a new monthly record, said the port operator. The figure represents an increase

Chinese iron ore and steel futures rose on Thursday after the countrys central bank said it would take monetary policy steps to help businesses hit by the COVID-19 outbreak and support a recovery in consumption. Returning from a five-day La