Simpson Spence Young (SSY), the worlds largest independent shipbroker, has today announced the appointment of Kyla Schliebs to the role of Head of LNG Research, effective immediately. An LNG specialist with over 10 years of professional exp

Ocean Network Express (ONE) , a world leader in container shipping, is pleased to announce it will host the 2nd Container Shipping Summit in Singapore on 3 August 2023, in collaboration with Anchor Ship Partners Co.,Ltd., and KOZO KEIKAKU E

On July 3, Nantong COSCOKhi Ship Engineeringdelivered the second 24,188 TEU ultra-large container shipOOCLTURKIYEto OOCL in Dalian. [Photo: NACKS] OOCL TURKIYE is the second of six ships of the same type built byNACKS for OOCL. Achristening

Glen Phua The popularity of low-sulfur fuel in the context of the 2020IMOs global sulfur limit regulationshassignificantlydisruptedthe marine lubricant market. The highalkalinelubricants are no longer suitable for low-sulfur fuel, while the

DNV is the first class society globally to introduce new class rules for electrical shore connections specifically tailored for tankers, contributing to setting sector norms. The need for new rules on shore power for tankers emerged followi

MPA joins other cross-industry partners in green corridor cluster initiative that will trial decarbonising strategies for the container trade The Maritime and Port Authority of Singapore (MPA) and Lloyds Register Maritime Decarbonisation Hu

Image: Michael Jrgensen, Managing Director of MaruKlav and Kobayashi Masashi, Business Investment - Ship Dept. at Marubeni (former Deputy Managing Director of MaruKlav) Partnering up is the avenue of growth and earnings for Panamax Owners!

[Photo: Marubeni] Tel Aviv-based maritime technology company has inked a key partnership agreement with Japans Marubeni Corporation for sales of its AI-powered situational awareness platform. Orca AI, the leading situational awareness solut

Swiss marine power company WinGD, announces a change in its leadership position. After five years at the helm, the current CEO of WinGD, Klaus Heim, has informed the Board of Directors that he decided to step down as CEO. During his tenure

On June 30, 2023, the Naming Delivery Ceremony of M/V SITC RUIMING was successfully held by SITC International Holdings Co., Ltd. (SITC) and YANGZIJIANG Shipbuilding Group Ltd (YANGZIJIANG). Mr. Yang Shaopeng, Chairman of SITC, Mr. Ren Leti

Singapore, 4 July 2023 The Global Centre for Maritime Decarbonisation (GCMD) and Nippon Yusen Kabushiki Kaisha (NYK) announced today the signing of a five-year Strategic Partnership agreement. This significant partnership further boosts the

COSCO Shipping has released its 2023 first-half financial forecast on July 3, saying the Companys EBIT for the first half of 2023 was approximately RMB24,690 million, representing a decrease of approximately 74.10% y-o-y. The net profit was

File photo: Courtesy of Shangdong Port Group A single crane at Port of Qingdao under Shandong Port Group in East Chinas Shandong has set a new world record for the 26th time, by handling 3,057 tons per ton of dry bulk cargo with the support

On 23 June 2023 the EU Council adopted the 11th package of economic sanctions against Russia to prevent theircircumvention and furthererode Russias revenues. The most notable measures are summarised below. STS transfers and AIS manipulation

Actual freight rates and FFAs for 5TC Capesize routes since beginning of May Its been a mixed week across the various shipping sectors. In the Capesize market, there was a slow start, but rates picked up later in the week, especially in the