Swiss marine power company WinGDs first methanol-fuelled engine is to be delivered to the shipyard after passing factory and type approval tests. The ten-cylinder, 92‑bore X-DF-M engine is destined for a 16,000 TEU container ship and is t

Valmet has received an order for a marine methanol fuel automation control system for two cable-laying vessels from a value-added reseller (VAR) partner China Merchants Industry Digital Technology Co., Ltd. The vessels will be built in the

Baltic Exchange, the worlds only independent source of maritime market information for the trading and settlement of physical and derivative contracts, and Veson Nautical, a global leader in maritime data and freight management solutions, h

On February 22, Shanghai Yangshan Port marked a historic milestone: for the first time, two LNG (liquefied natural gas) refueling vessels simultaneously provided fuel to two large container ships engaged in international voyages. This achie

The year 2024 was marked by numerous geopolitical and economic challenges. International trade was impacted by both the war in Ukraine and the conflicts in the Middle East, fuelling uncertainty in global markets. In Germany, economic output

Eastern Pacific Shipping (EPS) and SPDB Financial Leasing Co., Ltd. (SPDBFL) have signed a financing agreement for two newbuild LNG dual-fuel Neo-Panamax container ships. The signing ceremony took place in Shanghai, reinforcing the strong p

First-of-Its-Kind The New Development Bank BRICS Deal Boosts Chinas LNG Fleet Construction February 24, 2025 | Shanghai​，Chinas ​Bank of Communications Financial Leasing Co., Ltd. (Bocomm Leasing)​ and the ​New Development Bank (N

Marlink, a leader in managed services for business-critical IT solutions, is supporting digital transformation for tanker and gas carrier operator Knutsen Group. A long-standing Marlink customer, Knutsen Group has supplemented its fleetwide

Amid the urgent need for energy efficiencyand emission reduction in the global shipping industry, CM Energy has entered into a strategic partnership with BAR Technologies. The two companies aim to jointly promote the large - scale applicati

In 2025, Zhoushan Changhong International Industry has achieved a remarkable order boom right at the beginning of the year, thanks to its strong construction capabilities. Recently, Changhong International has successfully secured a total o

Norsepower, the leading provider of wind propulsion systems, has announced a new collaboration with Climate Tech start-up Syroco. Together, the two companies are delivering innovative energy efficiency solutions for merchant vessels, reduci

For the third consecutive year, Member retention was over 99.5% and the Club is encouraged to report continued support from existing Members, with strong organic growth at renewal, and throughout the 2024/25 Policy Year.  Several new Membe

One of the worlds leaders in energy transportation, Overseas Shipholding Group, Inc. (OSG) has decided to extend their adoption of GIT Coatings graphene-based propeller coating, XGIT-PROP, across seven additional crude oil tankers. Previous

The Liberian Registry, the worlds largest ship registry, is proud to announce the appointment of Kyle Hurst as the Senior Vice President of Fleet Communications and Technology. Kyle brings over three decades of experience in the maritime in

Eastern Pacific Shippings tanker vessel, Pacific Sentinel, equipped with three 22-meter-high eSAILs. bound4blue has completed the installation of its breakthrough eSAIL suction sails on tanker vessel Pacific Sentinel with a streamlined sing