SERVICE ORDER INTAKE INCREASED BY 36% HIGHLIGHTS FROM APRILJUNE 2022 Order intake increased by 25% to EUR 1,440 million (1,154) Service order intake increased by 36% to EUR 811 million (598) Net sales increased by 24% to EUR 1,407 million (

Wrtsil announces that it has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022. All adjustments and closures of Wrtsils operations were completed in accordance with local

On August 18, the Wisdom Port Global Innovation Laboratory jointly established by Huawei, Tianjin Port Group, Wuhan University of Technology and other units was inaugurated in Tianjin. At the ceremony, Liang Hua, chairman of Huawei, said th

On July 21, the signing ceremony of the Momorandum of Understanding (MOU) on tanker time charter between China Merchants Energy Shipping (CMES) and PetroChina International (PCI) was held in Shenzhen, Beijing and Hong Kong. Xie Chunlin, Cha

In the process of carrier-port cooperation, global network expansion and digital transformation, CSP Abu Dhabi Terminal and CSP Abu Dhabi CFS have been developing a more integrated supply chain operation model in addition to a more well-rou

July 19, COSCO Shipping Development announced that the COSCO Shipping Development and its subsidiaries sold about 2.29% of the A-shares of China International Marine Containers (CIMC) for about 1.302 billion yuan from July 19, 2021 to July

Columbia Shipmanagement (CSM) has announced a partnership with Berlin-based Fintech Kadmos to automate and digitalize its seafarers salary payouts. With a growing demand for better payment options that increase security and transparency, CS

Orient Overseas Container Line is switching to Electronic Bills of Lading, in order to enhance the efficiency of the global supply chain, reduce the carbon footprint of each shipment, and bring customers the ultimate shipping experience. OO

The net profit attributable to equity holders of the listed company for the first half of 2022 is expected to be approximately RMB64.716 billion, representing an increase of approximately RMB27.618 billion or 74.45% compared with the same p

Yang Ming Marine Transport Corp. (Yang Ming) has welcomed its newest 11,000 TEU class container vessel, YM Tutorial. The vessel is chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. YM Tutorial was named at

Wrtsil plans to ramp down manufacturing in Trieste, Italy and to centralise its 4-stroke engine manufacturing in Europe to Vaasa, Finland. Ending the manufacturing in Trieste is expected to impact approximately 450 employees with potential

Shandong Port Group (SPG), which is currently the worlds largest port conglomerate in terms of cargo capacity, signed an equity transfer contract with Malaysias Sime Darby Group in Weifeng, East Chinas Shandong province on July 3, which is

On July 1, a ceremony to commemorate automation upgrades at the worlds first traditional container terminal was held in Tianjin. Vice Mayor of Tianjin Municipality and Vice Chairman of the Municipal CPPCC Committee Mr. Sun Wenkui was presen

1 July 2022 - The Intelligent Ports and Digital Shipping Development Conference, as one of the core activities of the 17th China International Logistics Week and 20th China International Transportation and Logistics Expo Transport Logistics

Fleet Management Limited (FLEET) has launched a new integrated ship management unit MaruFleet Management Pte Ltd (MaruFleet) in Singapore in collaboration with MMSL Pte. Ltd. (MMSL), a Singapore subsidiary of Marubeni Corporation (Marubeni)