Yangzijiang Shipbuilding Holdings has made impressive strides in August 2025, securing 22 new shipbuilding contracts with a total value of $920 million (approximately RMB 6.56 billion). This announcement follows the release of the Groups ha

At the 2025 Joint Luncheon cum Award Presentation Ceremony, co-organised by the Hong Kong Marine Department (MD) and the The Hong Kong Shipowners Association (HKSOA), Hong Kong celebrated both industry achievements and the 35th anniversary

Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS) has entered a new chapter of leadership. Mr. Chen Gang, formerly Deputy Party Secretary and General Manager, has officially been appointed as Party Secretary and Chairman of SWS. With over tw

Yara Clean Ammonia (YCA), the worlds largest ammonia distributor, has signed a long-term shipping contract with Navigator Amon Shipping, securing access to two state-of-the-art vessels that will strengthen YCAs position as a global leader i

COSCO SHIPPING Energy is undergoing a remarkable transformation, evolving from a traditional oil tanker giant into a diversified energy logistics leader. In its 2025 Mid-Year Financial Report, the company outlines its journey toward buildin

Celsius xCaravel The Caravel Group (Caravel) and Celsius Tankers (Celsius) announce the formation of a strategic joint venture to co-own and operate a new fleet of high-specification LNG bunkering vessels. This initiative marks a significan

Download reports at: NCFI Weekly Index Data 2025 8.23-8.29 Ningbo Containerized Freight Index Weekly Commentary 2025 8.23-8.29 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact U

Zhejiang Ocean Shipping Co., Ltd. (ZHEHAI Shipping), a subsidiary of Zhejiang Shipping Group, has established Tianjin Zhijiang 507 Shipping Co., Ltd. in Dongjiang with a registered capital of RMB 100 million. The new subsidiary will focus o

A comprehensively human approach that takes account of the training and social and wellbeing needs of seafarers is the foundation for shippings safe transition to the sustainable future, writes Luis Benito, Business Development Marketing Dir

The CMA CGM Group, a global player in sea, land, air and logistics solutions, is pleased to announce the opening of its new branch office in Batam, Indonesia, and the launch of its dedicated Batam Singapore Xpress (BSX) service. This strate

In a major leap for maritime decarbonisation, Hegh Autoliners has placed a landmark order for ammonia-burning Everllence BW ME-LGIA engines. Accordingly, 4 7S60ME-LGIA (Liquid Gas Injection Ammonia) dual-fuel engines will be delivered to an

Hengli Heavy Industry now the core business of ST Songfa following a landmark restructuring has become the driving force behind one of Chinas most striking corporate transformations. In the first half of 2025, Hengli Heavy Industry delivere

We forecast a balanced development in the crude tanker market in 2025 and 2026 while we expect the product tanker market to remain weaker than in 2024. The product tanker suffers under the weight of increasing supply growth and weaker deman

Maritime companies are stuck in the early stages of AI adoption, unable to scale beyond small experiments as widespread optimism collides with implementation reality, according to new industry research. The study Beyond the Hype: What the m

On August 26th, 2025, Goldsea International Company Limited (Goldsea Int) successfully hosted the inaugural Goldsea Shangri-La Shipping Market Seminar at the Pudong Shangri-La Hotel in Shanghai. Guests from various companies, including ship