1.CSSC Marine Service Co (CMS) has completed the first ever major overhaul on two WinGD X-DF engines in only nine days. 2.Cosco Shipping Energy Transportation (CSET) has set up a new tanker subsidiary in Hainan as part of its strategy to de

ZhongGu Logistics Corporation is planning to list on Shanghai Stock Exchange, with no more than 81.9 million new shares, and the sponsor is CICC. ZhongGu Logistics intends to raise 1.5 billion yuan this time, of which 153 million yuan will

On July 22, the first ship N936 and the second ship N937, built by Yangzhou COSCO Shipping Heavy Industry for ICBC Leasing/Shandong Shipping, were delivered in Yangzhou. The 812,000 dwt bulk carrier is 229 meters long, 32.26 meters wide and

CSSC Marine Service Co (CMS), the worldwide equipment service subsidiary of China State Shipbuilding Corp (CSSC), has completed the first ever major overhaul on two WinGD X-DF engines in only nine days. The twin 6X62DF engines overhauled by

Methanol bunkering is being touted as a viable option for achieving maritime decarbonization and its prospects are set to receive a further boost after the International Maritime Organization grants a formal approval for its use as a marine

The Hong Kong Shipowners Association (HKSOA) and the Hong Kong Liner Shipping Association (HKLSA) would like to stress the importance of facilitating crew change operations and supporting our seafarers, which are in the interest of the glob

The International Chamber of Shipping (ICS) has today reminded the global shipping industry that failure to adhere to crew change protocols must not be tolerated. Alarming reports of ship managers and individuals failing to comply with nati

On July 22, COSCO SHIPPING Energy Transportation announced that it will change the implementation entity of nine oil tankers in the funded investment project to its Hainan subsidiary. According to the announcement, The company will change t

1.The Baltic Exchanges main sea freight index fell to a more than a month low on Wednesday, dragged down by weaker capesize and panamax rates. 2.Dajin Heavy Industry has partnered up with Yangzijiang Shipbuilding as joint sellers for an ord

From January to June 2020, the cargo volume of Chinese ports was 675213 million tons, a year-on-year increase of 0.6%; the container throughput of Chinese ports was 120.19 million TEU, a year-on-year decrease of 5.4%. The overall downward t

The Baltic Exchanges main sea freight index fell to a more than a month low on Wednesday, dragged down by weaker capesize and panamax rates. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates

Oil prices decreased modestly on Wednesday after data showed an unexpected build in U.S. crude stockpiles in the latest week. The West Texas Intermediate for September delivery lost 2 cents to settle at 41.90 U.S. dollars a barrel on the Ne

Shoei Kisen has selected Imaji Shipbuilding, Japans largest shipbuilder, to build a new fleet of 10,000 container ships, including three 11,500 TEU container ships to be delivered in 2022 and to be chartered to Taiwan Yang Ming Marine. In f

1.North Chinas Tianjin port ranked first in liquefied natural gas (LNG) imports among the countrys LNG import ports in the first half of this year. 2.Brokers report Shoei Kisen has tapped sister company Imabari Shipbuilding, Japans largest

Wilhelmsen Ship Management acquires 50% stake in Ahrenkiel Steamship, a MPC Capital subsidiary Access to Wilhelmsens global network improves service scope and quality for ships under management Joint Venture leverages on a broad range of ac