Paris July 24th, 2023. GTT announces that it has received, in the second quarter, an order from its partnerHudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of two new Liquefied Natural Gas Carriers, on behalf of an Asian sh

(HOUSTON)Thetransformational impact of nuclear propulsion on the design, operation and emissions of a 14k TEU container vessel and a 157k DWT Suezmax tanker have been modeled by ABS and Herbert Engineering Corp. (HEC) in a groundbreaking st

The freight rate of most routes fell, and the freight rate of the North America route maintained the increase Ningbo Containerized Freight Index: In the week ending Jul-21, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping

24 July 2023, Singapore. The accelerating pace of the energy transition in shipping makes it essential that the industry provides support to the people who are part of this journey. Training remains a key priority for IBIA as we move into a

Recently, Wuhu Shipyard signed four 6,600dwt methanol dual-fuel ship construction contracts with foreign customers. This series of ships is an optimized and upgraded version of the 6,600dwt DC electric duplex stainless steel intelligent che

Capesize The Pacific market this week was marked by overall sluggishness, experiencing limited activity. The presence of two out of the three major players failed to stimulate trading volumes, leading to stagnant and lacklustre market condi

Quanzhou port in eastern Chinas Fujian province saw its coal imports reach 2.59 million tonnes in the first half of this year, increasing 43.4% from the year-ago level, achieving a record high for the same period in five years, state media

[Photo: Xinhua] The China Meteorological Administration unveiled its meteorological routing center in Beijing on Thursday. The center is expected to assure the safe and economic voyage of vessels and accelerate the establishment of Chinas o

San Ramon, Calif., July 23, 2023 Chevron Corporation (NYSE: CVX) today provided second quarter 2023 performance highlights. Permian Basin production of 772,000 barrels of oil equivalent per day set a new quarterly record. Early 2023 Permian

Ambitious Targets The Maritime Environmental Protection Committee (MEPC80) took place in London in early July. A variety of different subjects were discussed, and measures adopted, rangingfrom matters related to the EEDI/EEXI calculations t

ABS announced it has joined an elite working group comprised of global maritime leaders to study onboard carbon capture technologies. The collaborative project brings together ABS, Diana Shipping Services S.A., Equinor ASA, GasLog LNG Servi

OnJuly 20, NewTimes Shipbuilding held a signing and delivery ceremony for the first 7,000TEU container ship built for EPS. [Photo:New Times Shipbuilding] [Photo:New Times Shipbuilding] EPS has ordered a total of seven 7,000TEU container shi

Taipei, Jul. 20, 2023 Wan Hai Lines Ltd. (referred to as Wan Hai) announced the completion of a 10-year NT$3 billion sustainability-linked shipping financing agreement with Standard Chartered Bank (referred to as Standard Chartered). This m

This years concentrated inspection campaign by port state control starts on 1 September 2023 and focuses on fire safety, both from a technical and operational aspect. The 2023 joint concentrated inspection campaign (CIC) by the Tokyo and Pa

TheOOCL Turkiyevessel, one of the largest container ships in the world, left Guangzhous Nansha Port ready to embark on the brand new Far East to Europe route, local media outlets reported on July 17. This vessel measures over 389 meters lon