Turkish shipowner, Susesea, has successfully upgraded the cylinder lubrication strategy across its fleet of six bulk carriers by adopting Chevrons TaroUltra Advanced 40 (TUA 40). Working closely with Chevron Marine Lubricants and its region

The global newbuild market may be experiencing a downturn, but the demand for alternative fuel vessels remains strong, showing the industrys ongoing commitment to decarbonization. According to data from DNVs Alternative Fuels Insight (AFI)

On July 2, COSCO Shipping took a historic step in green maritime development with the successful first green methanol fueling operation for the COSCO Shipping Yangpu, a large methanol dual-fuel container ship, at Yangpu International Contai

BHP has signed contracts with COSCO Shipping Bulk Co., Ltd., a subsidiary of COSCO shipping Group (hereafter COSCO Shipping) for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers. The new vessels to be built under this arra

Valmet to deliver Valmet DNA to a bio-based process plant in Portugal Valmet will deliver a Valmet DNA Distributed Control System to a bio-based process plant in Portugal. The order was placed by Valmets new Value Added Reseller (VAR) partn

With the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships entering into force this week, BIMCO now estimates that up to 16,000 ships totaling 700 million DWT could be recycled over the next 10 years. Thats twic

With the design of an electric submersible fuel pump for LNG powered ships Svanehj has introduced two innovations: A self-cleaning LNG filter that solves the problem of clogging and a novel permanent magnet motor, designed for marine purpos

Condon Claims Management, one of the worlds leading claims management advisory firms, has acquired US-based Marine Claims Associates LLC in a move that will strengthen its portfolio and enable it to expand its services and presence in the U

The World Shipping Council (WSC) has released its annual Containers Lost at Sea report , showing that 576 containers were lost at sea in 2024. While this represents an increase from the record-low 221 containers lost in 2023, it remains wel

In a bold strategic pivot, Hong Kong-based Caravel Group, led by the Banga family, has sold two Chinese-built Kamsarmax bulk carriersExplorer Oceania and Explorer Asiafor approximately USD 41 million, exiting the Kamsarmax segment to sharpe

The Global Centre for Maritime Decarbonisation has successfully completed the worlds first maritime pilot demonstrating the full value chain of onboard captured carbon dioxide (CO2) in China on 25 June 2025. The pilot encompassed two phases

Download reports at: NCFI Weekly Index Data 2025 6.21-6.27 Ningbo Containerized Freight Index Weekly Commentary 2025 6.21-6.27 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact

Fujian Guohang Ocean Shipping (Group) Co.,Ltd. (Stock Code: 833171) has officially announced the establishment of a wholly-owned subsidiary in hashtagSingapore via its Hong Kong-based holding arm, marking a major step in its internationaliz

Diana Shipping Inc. (NYSE: DSX), (the Company), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time

These years, as regulatory pressure intensifies and operational demands become more complex, many shipowners are rethinking the way they manage their fleets. Increasingly, they are turning to third-party ship management, a model that promis