Antong Holdings released the 2021 annual performance forecast growth announcement. The company expects that the annual net profit in 2021 will be about 1.45 billion yuan to 1.6 billion yuan , an increase of 157 million yuan to 307 million y

DNV has been selected to lead an ammonia bunkering safety study by the Global Centre for Maritime Decarbonisation (GCMD) in Singapore. The pioneeringstudy aims to define a robust set of safety guidelines and operational envelopes that will

Hong Kong-based financial leasing form CSSC (Hong Kong) Shipping will acquire two 6,700 ceu vessels from Norways Gram Car Carriers in a sale and leaseback agreement. In line with details of the transaction, CSSC Shipping will pay US$70m for

Cargo and container throughput at Chinas ports registered stable growth in 2021, data from the Ministry of Transport shows. Last year, cargo throughput at Chinas ports totaled 15.55 billion metric tons, up 6.8 percent year-on-year, accordin

China exported 210,000 tonnes of coal in December, surging 136.5% year on year but falling 19.32% month on month, showed data from the General Administration of Customs on January 24. Export value amounted to $84.54 million in December, sky

The Baltic Exchanges dry bulk sea freight index fell for a 13th straight session on Tuesday, dragged lower by weaker rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, fel

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line on a quarterly basis. This announcement sets out the unaudited operational

Breakthroughs that Shanghai-based shipbuilders made in December indicate the countrys growing capacity for producing high-end vessels as it strives to become a global shipbuilding power, experts said. Three shipyards in Shanghai recently an

Following a new reseller agreement signed at Kormarine 2021, STX Engines customers selecting Tekomar XPERT will benefit from optimized engine performance and reduced OPEX through fuel savings. ABB Turbochargings digital performance optimiza

On the evening of January 24, COSCO SHIPPING Holdings issued a performance forecast. The company expects a net profit of about 89.3 billion yuan in 2021, an increase of about 8 times year-on-year, which will be the best annual performance i

The future looks bright for Norcod (Photo: Norcod) 2021 was a successful year for Norwegian aquaculture company Norcod, comprehensively delivering proof of concept for cod farming in Norway. Commercial harvesting of Norcods first batch of h

Fresh crabbing simulations from Foreship suggest that it takes more than machine learning to perfect the art of docking and undocking, but also that new CFD analysis can optimise ship equipment specifications, safety and operational efficie

Over two-thirds of respondents to a global survey conducted by Container xChange , the worlds leading technology logistics company, expect Chinese New Year factory closures to further disrupt container shipping supply chains. Most responden

Chinas shipbuilding sector continued to take the lead globally last year, as busy maritime transport across the world pushed up ship demand. The countrys shipbuilding output, an indicator reflecting the vitality of the sector, amounted to 3

COSCO Shipping has indicated it will coat its entire fleet of VLCCs with Nippon Paint Marines new antifouling system FASTAR once initial applications have been evaluated. The hulls of the passenger ferryCOSCO Starand the 56,000dwt bulk carr