Wilhelmsen and stensj each own 50% of Edda Wind. Anticipating long-term growth for the renewable energy sector, the company has placed an order for two additional Commissioning Service Operation Vessels (CSOV), bringing its fleet up to eigh

Industry partners welcome moon-shot proposal from governments to set up a $5 billion USD fund to catalyse the vital research and development needed to help shipping meet UN decarbonisation goals. Governments controlling a major share of wor

The International Chamber of Shipping (ICS) has announced that it has been selected as a network partner for the 2021 Business Twenty (B20). This represents the first time that an international shipping body has been invited to join the off

Following a successful delivery of deepwell pump systems for six VLECs, Samsung Heavy Industries and Hyundai Heavy Industries have signed Svanehj as the pump supplier for an additional four vessels. Danish pump manufacturer Svanehj has secu

Orient Overseas (International) Limited (OOIL) reported that the company has entered into a Placing and Subscription Agreement with Faulkner Global Holdings Limited, our immediate parent company and part of COSCO SHIPPING Holdings, and JP M

On January 21, in Guangdong, COSCO SHIPPING and Midea Group held a signing ceremony for a strategic cooperation agreement and transportation service framework agreement. Chairman of COSCO SHIPPING Capt. Xu Lirong and Chairman and President

Ambitious plans to expand CSM Energy into a one-stop shop solution for ship owners, investors and operators in the energy sector, have been revealed by the business. CSM Energy has announced its plans to expand from an asset management comp

One of the shipping industrys leading specialists in seafarer mental health support is offering seafarers and shore-based staff free access to clinical psychologists and a confidential 24/7 mental health hotline to help them over the festiv

On December 10, China Merchants Group and China Everbright Group signed a special cooperation agreement for serving the construction of a new development paradigm with domestic and international circulations. Witnessed by Miao Jianmin, Chai

Yang Ming Returns to Profitability in 2020 Q3 Yang Ming Marine Transport Corporation (Yang Ming) held its 352nd Board Meeting on November 12th, 2020 to approve its 2020 Q3 financial report. Its consolidated revenues for the third quarter to

With IMO targeting a 50% reduction in greenhouse gas emissions by 2050, LNG is becoming a natural choice for shipowners in the transition to carbon-neutral fuels. Methane slip regulations are a possibility on the horizon, but Alfa Laval and

On October 20, Weng Jieming, Member of the CPC Committee of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) and Vice Chairman of SASAC, with the company of Cui Fenglin, Deputy Governor of Liaoni

N2tankers working with owners to assist crew changes amidst restrictions at Ports due to Pandemic reasons. The owners commercial JV entity N2 tankers who operate a fleet of Aframax tankers, reportedly have made arrangements with a stipulate

Ecochlor is pleased to receive Type Approval from the Norwegian Maritime Authority (NMA) for the IMO BWMS Code (MEPC.300(72) / revised 2016 G8) standards. The new certification applies to the entire range of Ecochlor ballast water managemen

Following its successful provision of logistics services from 2018 to 2020, COSCO SHIPPING Project Logistics, a subsidiary of COSCO SHIPPING, has recently renewed cooperation contract with Harbin Hafei Airbus Composite Manufacturing Centre