Although overall Bulker sales have been more moderate so far this year, the volume of Capesize sales has been moving in the opposite direction to the rest of the sector with sales up there next to the historic highs of 2021. According to Ve

Singapore, 7 September 2023. At the third day of Gastech 2023, senior ministers, business leaders, and global climate specialists reached consensus on the steps required to develop new solutions to reduce carbon emissions and accelerate cli

7 September 2023 at 11.30 EEST. Technology group Wrtsil has signed a Technical Management Agreement with China LNG Shipping (International) Company Ltd. (CLSICO). The 15-year agreement will ensure operational reliability and provide mainten

SINGAPORE, 6 September 2023. The second day of Gastech 2023 has drawn to a close, with high-level participation from policymakers and business leaders from over 100 countries, enabling significant progress on the path to net zero. Discussio

On September 6, CSSC Qingdao Beihai Shipbuilding, ChinaShipbuildingTrading and Winning International Group held a signing ceremony for the construction of two 325,000 dwt ore carriers in Singapore. [Photo: BSIC] The two 325,000dwt orecarrie

After a year of plunging ocean freight rates, carriers appear to have turned the tide on the key China to US West Coast trade, driving up spot rates by 73% since the end of June. In a blow to shippers, many of whom have been reluctant to si

Barcelona, September 7, 2023 - bound4blue, the European technology developer of automated wind-assisted propulsion systems for the maritime transport based in Spain, has secured a 15.9M Series A funding round led by GTT Strategic Ventures ,

Abu Dhabi, UAE September 6, 2023: ADNOC has announced a final investment decision (FID) to develop one of the largest carbon capture projects in the Middle East and North Africa (MENA) region. The pioneering Habshan carbon capture, utilizat

HAIFA, Israel,Sept. 6, 2023/PRNewswire/ -- ZIM Integrated Shipping Services Ltd. , a global container liner shipping company, announced today a new operational cooperation agreement with MSC, the industrys largest carrier, encompassing seve

On September 06, 2023, Orient Overseas Container Line Ltd. welcomed another new mega containership into its fleet, OOCL Zeebrugge , the fifth eco-friendly 24,188 TEU vessel in a series of twelve. The vessel was named by Ms. SHI Lei, Deputy

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Taking proper samples of liquid cargoes is vital to protect shipowners interests when allegations of cargo contamination arise. Here is an overview of how and when to do it. Disputes relating to off-spec or contaminated liquid cargoes are a

Check out latest updates on the Chinese futures market for coking coal, coke, iron ore and others at close. Source: Sxcoal The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact Us a

KR (Korean Register) granted an Approval in Principle (AiP) for a 200K CBM Class Ultra-Large Ammonia Carrier with Ammonia Fuel. The innovative vessel design, created by Samsung Heavy Industries (SHI), was unveiled at Gastech 2023 in Singapo

On 6 September, during Gastech 2023 in Singapore, KR (Korean Register) signed a Memorandum of Understanding (MOU) with K Shipbuilding, Sunbo Industries and Dongsung Finetec to jointly develop a 12K CBM liquefied CO2 (LCO2) carrier design. A