EU institutions have reached a preliminary agreement on how to extend its Emissions Trading System to cover shipping after months of trilogue negotiations, the European Parliament said this past week. The regulatory development means ship o

On November 30, HainanYangpuYushengShippings YUSHENG788, due to bad weather, sank and 13 crews overboardnear the Fujian Provincewater. All 13 crews were safely rescued. Afterone hour, YONG DA99 arrived in the area and found the life raft of

Hamburg, Germany, 02 December 2022. Classification society DNV has awarded Container shipping line Hapag-Lloyd the DNV Excellence 5 Star Award for its use of international management systems to enhance its quality, safety, and environmental

Recently, COSCO Shipping Heavy Industry (Zhoushan) and Mineral Resources Limited signed a new contract for the construction of a 20,000 DWT transfer barge, which officially took effect. The ship has a total length of 123.8 meters, a width o

Shell Petroleum NV, a wholly owned subsidiary of Shell plc (Shell), has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100% shareholding of Nature Energy Biogas A/S (Nature

Accelleron havelaunched an all-inclusive service agreement for auxiliary engine turbochargers that streamlines maintenance procedures and eliminates unexpected costs. Turbo AuxiliaryCare provides ship owners and ship managers with peace of

The National Bulk Commodity Warehouse Receipt Registration Center opensin Shanghais Pudong New Area on Nov 23.[Photo/WeChat account: Shandong-Port] The National Bulk Commodity Warehouse Receipt Registration Center was openedin Shanghais Pud

Brazilian state-owned energy giant Petrobras has received almost$2 billion from Chinas oil and gas company CNOOC, which the Chinese firm paid to acquire an additional interest in the Bzios field, located in the pre-salt Santos Basin offshor

Since Hong Kongs quarantine requirements for inbound travelers were adjusted to 0+3, i.e., no compulsory quarantine required, Hong Kong has resumed its normality, and a series of international activities in Hong Kong have returned in full s

Shell International Trading and Shipping Company Limited has signed a memorandum of understanding (MOU) with Alfa Laval regarding the development of a new Gas Combustion Unit (GCU) for use on liquid hydrogen carriers. By paving the way for

Thursday 1 December, 2022, London: The International Chamber of Shipping (ICS) has signed a Memorandum of Understanding (MOU) with the Emirates Shipping Association for increased cooperation and collaboration towards the UNFCCC Climate Conf

Today 01 December 2022 the International Union of Marine Insurance (IUMI) releases its 2022 global marine insurance market analysis known as the IUMI Stats Report. The report presents various statistical data from multiple sources, includin

On November 29, Terntank orders two plus two new MGO/Biofuel methanol-ready chemical/product/biofuels tankers on 15,000 dwt with the Hybrid Solution and wind assist readiness from China Merchants Jinling Shipyard, Yangzhou. The new builds a

Recently, CSSC Shipping andCSSC GuangzhouShipyard Internationalsigned a contract for the construction of a 1600dwt self-propelled jack-up platformwind power installation ship. This not only marks thatCSSC Shipping has officially entered the

On November 29, Antong Holdings announced that China United Linesrequired early termination of the strategic cooperation framework agreement. In May this year, Antong Holdings and China United Linessigned a 34-month (June 1, 2022 to March 3