BoxPlus, a global leader in container tracking and internet solutions, has announced that it will partner with SEACO, a global leader in refrigerated containers, to provide OOCL with internet-based reefer container leasing services. By inst

On September 15, the LNG-FSRU project converted by Shanghai Huarun Dadong Dockyard for GoIar LNG of Norway was signed and delivered. This project is undertaken by the shareholder Hudong Zhonghua. HRDD is responsible for the implementation o

Chinas first integrated offshore viscous oil thermal production and development demonstration platform was put into operation on Tuesday, according to its operator, China National Offshore Oil Corporation. The companys Lvda 21-2 platform wa

Introduction In 2019, there were numerous discussions in the marine industry over how the transition to 0.5% fuels would pan out, with concerns about a wide variety of issues. Which predictions were right? To address this question, Gard hel

The agreement will see Wilhelmsen initially acquire 25% of stensj Groupsexpandingoffshore wind company.Wilhelmsen has also secured an option to buy another 25% before June 2021. Launched in 2018, Edda Wind owns and operates service vessels

The Korean Register (KR) has announced the establishment of a new LNG Fueled and Bunkering Simulation Center (KR LSC). The new facility is located at KRs headquarters in Busan and officially opened on 15 September. Following the opening cer

The International Union of Marine Insurance presented its analysis of the latest marine insurance market trends during its annual conference which this year is being held online. Marine underwriting premiums for 2019 were estimated to be US

Hong Kong Maritime Week 2020 scheduled for 15-21 November has been cancelled. The main organizer of the territorys most prestigious maritime event, the Hong Kong Maritime and Port Board, has yet to officially announce the cancellation. But

The COVID-19 pandemic shows no sign of abating and continues to affect seafarers mental health and wellbeing worldwide. Recognisng the crucial need to provide sufficient support to help seafarers to manage during this crisis, BIMCO has seen

On September 11, On September 11, CMHI-196-4 Polar Expedition Cruise in Haimen Base of China Merchants Industry successfully completed the remote video inspection of USCG SFP. In response to COVID-19, USCG fully authorized BV Classification

On January 21, Ningbo Zhoushan Port will issue a total of no more than 2.635 billion shares to its controlling shareholders, Ningbo Zhoushan Port Group and SIPG, raising 11.215 billion yuan. Ningbo Zhoushan Port has been approved to issue 2

Shipbuilders in Korea, China, and Japan are having fierce competition in order to take a bigger share of the global LNG-powered vessel market. As the global energy demand is shifting to eco-friendly sources, the shipbuilding market is shift

Chinas Hudong-Zhonghua is to deliver the fourth and final conventional Yamal LNG carrier to a joint venture consisting of compatriot Cosco Shipping and Japans Mitsui O.S.K. Lines. The 174,000-cbm LNG Megrez is finalising its gas trials afte

Steel futures closed higher Monday in daytime trading on the Shanghai Futures Exchange. The most active construction steel rebar contract for January 2021 delivery was up 17 yuan (about 2.49 U.S. dollars) to close at 3,664 yuan a tonne. The

Dalian iron ore futures rose on Monday after a four-session run of losses, as strong demand outlook for the steelmaking ingredient in China offset concerns over data showing a steady rise in the countrys portside stockpiles. Iron ores most-