On July 4, 2025, the Shanghai Stock Exchanges Mergers and Acquisitions Review Committee approved the merger of China Shipbuilding Industry Corporation (CSIC) with China Shipbuilding Heavy Industry Co., Ltd. (CSIC Heavy Industry). This signi

Uni-Fuels Holdings Limited (NASDAQ: UFG), (Uni-Fuels or the Company), a global provider of marine fuel solutions headquartered in Singapore, today announced the opening of a new office in Shanghai. As part of the Companys global expansion s

GTT and Hudong-Zhonghua Shipbuilding have launched a joint innovation project to optimise the design and performance of LNG bunkering vessels. The initiative aims to enhance operational efficiency and reduce operating costs by integrating a

Shenzhen Port Group has officially launched its new wholly-owned subsidiary, Shenzhen Port Shipping Development Co., Ltd., with a registered capital of 9 million RMB. The new company will focus on a wide range of services, including interna

Turkish shipowner, Susesea, has successfully upgraded the cylinder lubrication strategy across its fleet of six bulk carriers by adopting Chevrons TaroUltra Advanced 40 (TUA 40). Working closely with Chevron Marine Lubricants and its region

On July 2, COSCO Shipping took a historic step in green maritime development with the successful first green methanol fueling operation for the COSCO Shipping Yangpu, a large methanol dual-fuel container ship, at Yangpu International Contai

BHP has signed contracts with COSCO Shipping Bulk Co., Ltd., a subsidiary of COSCO shipping Group (hereafter COSCO Shipping) for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers. The new vessels to be built under this arra

With the design of an electric submersible fuel pump for LNG powered ships Svanehj has introduced two innovations: A self-cleaning LNG filter that solves the problem of clogging and a novel permanent magnet motor, designed for marine purpos

Condon Claims Management, one of the worlds leading claims management advisory firms, has acquired US-based Marine Claims Associates LLC in a move that will strengthen its portfolio and enable it to expand its services and presence in the U

In a bold strategic pivot, Hong Kong-based Caravel Group, led by the Banga family, has sold two Chinese-built Kamsarmax bulk carriersExplorer Oceania and Explorer Asiafor approximately USD 41 million, exiting the Kamsarmax segment to sharpe

Fujian Guohang Ocean Shipping (Group) Co.,Ltd. (Stock Code: 833171) has officially announced the establishment of a wholly-owned subsidiary in hashtagSingapore via its Hong Kong-based holding arm, marking a major step in its internationaliz

Diana Shipping Inc. (NYSE: DSX), (the Company), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time

These years, as regulatory pressure intensifies and operational demands become more complex, many shipowners are rethinking the way they manage their fleets. Increasingly, they are turning to third-party ship management, a model that promis

The global shipping and environmental protection sector witnessed a monumental milestone as ZHEJIANG ENERGY MARINE ENVIRONMENTAL TECHNOLOGY CO., LTD (ZEME) surpassed a cumulative global order of 1,000 scrubbers! This achievement marks anoth

Econowind has successfully installed four 16-metre VentoFoils on board the chemical tanker M/T JUTLANDIA SWAN, owned and operated by Danish shipping company Uni-Tankers. The ATEX-proof Wind-Assisted Ship Propulsion units were installed in j