Dalian Shipbuilding Industry, a subsidiary of CSSC, signed a contract with Norways Northern Lights to build two 7,500m3 liquefied CO₂ carriers. This project is the worlds first 7,500m3 liquefied CO₂ carrier. It is currently known to be

Thanks to the persistently high freight rates in the container shipping market, Evergreen Lines revenue in September hit the second highest in history. The third-quarter performance broke the 100 billion yuan for the first time and set a ne

CIMC Enric and CNOOC signed a LNG purchase and sales agreement for the bunkering and gas supply service of LNG-powered ships in Guangdong Province. Through the signing of this agreement, CNOOC will be responsible for the gas supply guarante

Inchcape Shipping Services has opened a new office in Frederikshavn that will enable it to offer a comprehensive package of services to ships calling in Denmark. The opening of the office, staffed by an experienced and knowledgeable team wi

The future of sustainable maritime activity will be under the spotlight at Nor-Shipping 2022, taking place 10-13 January. With increasing industry and regulatory focus on decarbonisation, emerging energy solutions and accessing the oceans r

Ningbo Containerized Freight Index Weekly Commentary (10.2-10.8） Ningbo Containerized Freight Index: In the week ending Oct-8, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 4092.0 points, sligh

On October 8, China COSCO SHIPPING Corporation Limited and Sinochem Holdings Corporation Limited signed a strategic cooperation agreement in Shanghai. Chairman of Sinochem Holdings Mr. Ning Gaoning, Director of the Board and President of Si

Dalian coking coal scaled a contract high on Monday while coke futures hit a six-week peak, as a recent flooding in Chinas top coal-producing Shanxi province intensified supply fears. Worries about production and transportation of coal from

The Baltic Exchanges dry bulk sea freight index slipped on Monday as a decline in capesize rates offset gains in smaller vessel segments, although the main index held close to a 13-year high. The overall index, which factors in rates for ca

MarineMax Received a Sitecore Experience Award Honorable Mention for their Online Experience ~ MarineMax announced receiving a Sitecore Experience Award (SEA) honorable mention in the Phy-gital category for its work with Sagepath, a digital

U-Ming, SWS and Jotun have signed commercial agreement for the groundbreaking Jotun Hull Skating Solutions (HSS) for U-Mings 190,000 dwt dual fuel bulk carrier newbuilding project at Shanghai Waigaoqiao Shipyard (SWS) in Shanghai, China. Th

On October 9, worlds first side loading and parallel layout fully automated container terminal landed at Rizhao Port, Shandong Port. Rizhao Port has realized the less running of automated track cranes and the free movement of trucks in the

CIMC Raffles and Van Oord signed an EPC contract for the construction of 1+1 large wind power installation vessels. This type of ship is the worlds latest generation of wind power installation ships, designed by the Danish design company Kn

On October 9, Dalian Shipbuilding Industry,China Shipbuilding Trading and China Merchants Energy Shipping signed a contract to build a 115,000DWT crude carrier. The 115,000DWT crude carrier signed this time is a new Aframax tanker independe

A total of 2,000 tons of bunker fuel for local ships purchased by Shandong Port Qinggang Shihua Energy Development Co Ltd was recently unloaded at a new oil depot operated by Oil Port Co at Qingdao Port. The facilitys parent company is Shan