[Xingtong Shipping] OnMarch 31, XingtongShipping issued a fixed capital increase plan.The company plans to raise no more than 1.124 billion yuan for the purchase and construction of stainless steel chemicaltankers, LPG ships ,and supplement

In March 2023 Chinas economic recovery caused a pick-up in capesize freight rates and in sale and purchase activity for this ship type. As a result, five-year-old second-hand prices rallied 22% m/m, reaching USD 54 million by the end of the

Lloyds Register has acquired a 50% interest in ISF Watchkeeper, the leading work and rest hours compliance software solution from IT Energy Systems and Consulting Limited. The acquisition will result in LR becoming a joint owner of ISF Watc

Analysis of Xenetas Carbon Emissions Index (CEI) has revealed that Yang Ming is the container industrys emission hero for all relevant CEI-covered trades in Q4 2022. The Taiwanese giant was the industrys only major player to score below the

On March 30, CSSC Wuchang Shipbuilding and Shanghai Sinochem-Stolt Shipping signed a contract for the construction of two 9,200 dwt stainless steel chemical tankers. [Photo: Wuchang Shipbuilding] The 9,200 dwt stainless steel chemical tanke

[Photo: J. Lauritzen] J. Lauritzen has recently signed letter of intent for construction of minimum two methanoldual-fuel81,200dwtKamsarmaxbulkcarriers,whichwillbebuiltbyTsuneishi Shipbuilding, Japan, and be capable of trading with zero car

Kaohsiung, March. 29, 2023 Wan Hai Lines held ship naming ceremony for WAN HAI 331 today (March 29) at CSBC Corporation, Taiwan. WAN HAI 331 is the first vessel in the series of 3,000 teu containerships built by CSBC Corporation, Taiwan. Th

30March 2023 -CMES Shippingand PetroChina International Co., Ltd. (hereinafter referred to as PetroChina International) signed a special strategic cooperation agreement in liquefied gas transportation in Hong Kong. CMES Chairman Xie Chunlin

[Photo: Yangzijiang Shipbuilding] SINGAPORE 29 March 2023 Yangzijiang Shipbuilding (Holdings) Ltd. (Yangzijiang, together with its subsidiaries, the Group), a world-leading shipbuilding group based in China has, through its 81%-owned entity

This aerial photo taken on Nov. 5, 2022 shows a view of the Yangpu international container terminal in the Yangpu Economic Development Zone, south Chinas Hainan Province.(Xinhua/Pu Xiaoxu) SHANGHAI, April 2 (Xinhua) -- Chinas index of expor

Carriers strictly controlled shipping capacity, and the composite index continued to rise Ningbo Containerized Freight Index: In the week ending Mar-31, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quo

Photo taken on Nov 3, 2022 shows the Qinzhou Port in Qinzhou, South Chinas Guangxi Zhuang autonomous region. [Photo/Xinhua] NANNING -- A total of 191,000 TEU (20-foot equivalent unit) containers have been transported by rail-sea intermodal

Portugal is the latest country to accede to IMOs treaty for safe and environmentally-sound ship recycling the Hong Kong Convention. The Convention covers the design, construction, operation and maintenance of ships, and preparation for ship

Striving for High-Quality Development CMPort recorded Growth in both Revenue and Recurrent Profit in 2022 On March 31, the board of directors of China Merchants Port Holdings Co., Ltd. announced the annual results of the Company and its

Recently, Wuhu Shipyard signed contracts with well-known domestic and foreign shipowners for the construction of eight 18,500-dwt IMO Class II chemical tankers. This series of ships has adeadweight of 18,500dwt, a cargo capacity of 21,000m,