The London PI Club has today announced its financial results for 2024/25, reporting an operating surplus of US$21.3m, while also strengthening its free reserves to US$171.2m. Gross earned premium income increased 12% to reach US$159.8m. The

On June 19, the 7,000 CEU dual-fuel PCTC AICC KUNPENG，the second ocean-going vehicle carrier invested and built by Anhui Hangrui International Car Carriers Limited (AICC Shipping)，was officially named and delivered in Shanghai and comme

On June 18, a landmark contract was signed between Shanghai International Port Group (SIPG) and Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC), for the construction of a 20,000-cubic-meter LNG bunkering vesse

The Maersk Mc-Kinney Mller Center for Zero Carbon Shipping (MMMCZCS), in collaboration with leading maritime partners, has revealed a groundbreaking design for a 3,500 TEU container feeder powered by ammonia. This innovative design, develop

A.P. Moller - Maersk (Maersk) has named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion. The naming event took place on 18 June at Hyundai Heavy Industries (HHI) yard in Ulsan, South Korea. The

COSCO SHIPPING Bulk, together with CITIC Financial Leasing and Fujian Mawei Shipbuilding, has signed a landmark agreement for the construction and leasing of 30 x 80,000 DWT multipurpose grain carriers. This major newbuilding order marks a

X-Press Feeders Group, the worlds largest independent common carrier, has signed two agreements with COSCO SHIPPING Lines, one of the worlds largest mainline operators, to expand network coverage, strengthen mainline-feeder coordination and

From Left: Petrus Blomqvist, Partner at Vaaka; Lauri Haavisto, CEO of Foreship; Markus Aarnio, Chief Naval Architect at Foreship; Carlo Luzzatto, CEO of RINA. RINA, the multinational engineering consultancy, inspection and certification gro

The launching ceremony of the first B24 bio-marine fuel bunkering operation in northern China kicked off in Qingdao on June 14. Bunkering vesselDayuanyou 8discharged 1,300 metric tons of B24 bio-marine fuel into an international carrier HMM

PETRONAS CCS Ventures Sdn. Bhd. (PCCSV) MISC Berhad (MISC), and Mitsui O.S.K. Lines, Ltd., (MOL) today announced the incorporation of a strategic joint venture (JV), Jules Nautica Sdn. Bhd. This JV will lead the development and act as the ul

KR (Korean Register) signed a memorandum of understanding (MOU) with HD Hyundai Samho on June 11 to jointly develop AI-based solutions for innovation in ship design and analysis. This partnership is a part of a broader digital transformatio

Bergen Tankers and Equinor have signed a long-term charter agreement for two oil/chemical tanker newbuilds with an electric propulsion system, which aim to set a new standard for low emissions at the Norwegian Coast. The Norway-based compan

Ocean Network Express (ONE) announced today the naming of ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming ceremony took place at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd.

On June 15, 2025, a new quay crane tipped over during its delivery to a non-operational berth at Singapores Tuas Port. Fortunately, no injuries were reported, and the incident did not cause any damage to adjacent port equipment or facilitie

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