An ageing fleet of ships and historically low levels of newbuild activity present significant challenges to the International Maritime Organizations goal of reducing overall CO2 emissions from the shipping industry. The latest analysis of C

The Interim Report 3rd Quarter 2020 for A.P. Mller - Mrsk A/S is hereby enclosed. CEO of A.P. Mller - Mrsk A/S, Sren Skou, states: Despite COVID-19 negatively affecting activities in most of our businesses, our disciplined execution of the

On November 17, China State Shipbuilding Corporation held a logo release ceremony. Lei Fanpei, secretary and chairman of the Party Committee of CSSC attended the ceremony. Yang Jincheng, deputy secretary and general manager of the Party Com

CDB Leasings six wholly-owned special purpose companies entered into a ship purchase agreement with the seller on Nov. 16, 2020 to buy six 60,000 dwt bulk carriers with about $137.1 million. CDB stated that the company has paid a 10% deposi

The Port of Hong Kong squeezed out a positive result in October with container throughput of 1.56m teu, for a year-on-year increase of 0.7%. Drilling down into the figures reveals that the main Kwai Tsing Terminals handled 1.25m teu, an inc

The Baltic Exchanges main sea freight index was little changed on Tuesday as higher rates for panamax vessels countered a dip in the capesize segment. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, inch

At the grand final held today, three promising start-ups were named winners to the Smart Port Challenge (SPC) 2020. These winners were announced by Mr Chee Hong Tat, Senior Minister of State for Transport and Foreign Affairs. Todays grand f

With almost the entire global fleet still running on fossil fuels tough calls need to be made. But in LQMs recent webinar, Analysing Future Fuels: The Road to Decarbonisation, just 20 per cent of guests indicated there are currently enough

The Maritime and Port Authority of Singapore (MPA) has awarded a total of S$1.625 million to 11 joint industry projects in the areas of maritime digitalisation and additive manufacturing for ship and marine parts. This was announced by Mr C

MSC Mediterranean Shipping Company is pleased to introduce an express service for cherry and fresh fruit cargo from Chile to Asia, effective 18 November 2020. To reinforce the express service offering, MSC will also deploy two more vessels

The Isle of Man Ship Registry has been selected as the flag state to oversee construction of two rail-enabled RoPax ferries that will connect New Zealands North and South Islands. State-owned transport operator KiwiRail has commissioned the

On Nov. 13, Wuchang Shipbuilding Industry Group won the bid for the construction project of Wuhan Liangjiang Cruise Ship Tourism. The target includes two 600-800 passenger cruise ships, mainly used for Wuhan Yangtze River basin water sights

Two Newcastle bulk carriers, Solar Pride and Solar Quantum, built by CSSCs Shanghai Wgaaoqiao Shipbuilding for South Koreas Polaris Shipping, were delivered on Tuesday morning. The 210,000 dwt Newcastle bulk carrier is a ship independently

Yang Ming Returns to Profitability in 2020 Q3 Yang Ming Marine Transport Corporation (Yang Ming) held its 352nd Board Meeting on November 12th, 2020 to approve its 2020 Q3 financial report. Its consolidated revenues for the third quarter to

The worlds first air-track intelligent transporting system is being built in Qingdao Port of Shandong Port Group, making China the first country to leverage air-tracking in its fully-automated container terminal. After the completion, conta