On September 10, Bohai Shipbuilding Heavy Industry and CSSCs 716 Institute signed a contract for the construction of an offshore test platform. The construction price of the offshore platform signed this time is 61.5 million yuan (RMB), and

On September 9, Tianjin Southwest Maritime Limited signed a contract for the construction of two 98,000 cubic meters of VLEC with Jiangnan Shipbuilding. The order marks Southwest Maritimes entry into the VLEC market. The company currently h

The Board is pleased to present the interim report of Jinhui Holdings Company Limited (the Company) and its subsidiaries (the Group) for the six months ended 30 June 2020. INTERIM RESULTS The Groups revenue for the first half of 2020 was HK

The Baltic Exchanges main sea freight index dropped on Thursday for an 11th straight session, pressured by a dip in capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize s

The Oil Companies International Marine Forum (OCIMF), the voluntary association of oil companies, announced it has overhauled its committee structure to focus its resources on identifying and mitigating issues of highest-risk to its members

China Minsheng Trust ordered 4+4 kamsarmax bulk carriers in CSSC Chengxi. It is reported that this is the companys first order. The new ship is expected to be delivered in January 2022, and the cost of a single ship will be between 27 milli

The subsidiaries of China State Shipbuilding Corporation received 36.1573 million yuan of government subsidies, including 35.8783 million yuan of revenue-related government subsidies and 279,900 yuan of asset-related government subsidies, m

The newbuilt vessel, Shenhai 01, features a full scope of ABBs electric, digital and connected solutions that help support sustainable operations and enhance safety and efficiency The first Chinese-built hybrid emergency rescue vessel is po

China may have given oil markets false hope. A rapidly rebounding economy in the Asian powerhouse had initially revived demand, but bloated inventories and stockpiling by domestic refineries have exposed the fragility of prices. A look at C

Significant potential for small bore four-stroke engines in river-and-coastal market MAN Energy Solutions has announced that its Chinese license, CMP, has won a series of new, small-bore, four-stroke orders within the significant, Chinese,

Oslo, Norway, 08 September 2020 The behavioural and economic ramifications of COVID-19 will permanently reduce global energy demand, according to DNV GLs newly published Energy Transition Outlook. Compared to the pre-pandemic forecast, ener

The Brown Marmorated Stink Bug (BMSB) season has begun effective 1 September 2020. As usual, Australia and New Zealand authorities have set out their requirements for the current season 2020/21 to ensure that these bugs are kept out of thei

CMA CGM is pleased to announce that it will be enhancing its existing China India Express (CIX) service that connects Asia with the Indian Subcontinent region. The CIX enhancement will see Xingang and Pusan being added as its ports of call,

Tonnage providers have suffered the most so far, as they were left with many of the idle ships. Demand is showing signs of improvement, though, during a recession, it will be a long and drawn-out recovery. Demand drivers and freight rates T

High deliveries and low contracting have left the orderbook at multi-year lows, but with the poor outlook the current influx of new dry bulk ships orders is not what is needed. Demand drivers and freight rates The biggest story in the dry b