After years of relative calm, gunfire has once again echoed across the waters off Somalia. A Cayman Islandsflagged chemical tanker, Stolt Sagaland, came under armed attack some 332 nautical miles east of Mogadishu in the early hours of 3 No

Major developments in the container ship newbuilding market this week. Maersk has now selected Chinas New Times Shipbuilding (NTS) to build up to 12 LNG dual-fuel mainline container vessels, in a deal valued at approximately USD 2.3 billion

A new Hong Kong shipowner is taking a bold step into the liquid cargo sector. Xinde Marine News has learned that EGPN Bulk Carrier Co., Ltd., headquartered in Hong Kong, has signed a contract with Dalian Shipbuilding Industry Co. (DSIC) for

A new Hong Kong shipowner is taking a bold step into the liquid cargo sector. Xinde Marine News has learned that EGPN Bulk Carrier Co., Ltd., headquartered in Hong Kong, has signed a contract with Dalian Shipbuilding Industry Co. (DSIC) for

First international marine mutual to establish representative presence in mainland China with expanded operational capabilities The London PI Club today announced the opening of its new Representative Office in Shanghai, located in the city

Official Vietnamese sources and VOV.VN confirm that the Liberian-flagged Capesize bulk carrier Star Bueno (178,978 DWT) ran aground off Quang Ngai Province on October 26 during severe weather. The vessel, carrying 174,790 tons of iron ore f

On Monday evening, November 3rd, the Dutch national awards for maritime innovations were presented. The winners were honoured for their innovative, and striking contributions to the sector. Out of 15 nominees, a professional jury selected f

IBIA The International Bunker Industry Association and the International Association of Dry Cargo Shipowners (INTERCARGO) have entered into a reciprocal membership agreement to reinforce collaboration between the dry bulk shipping and marin

According to new data from Clarksons Research, the size of the global shadow fleet continues to grow as Western nations intensify their waves of sanctions. Most notably, roughly one-third of the worlds Aframax tankers have now been added to

Download reports at: Ningbo Containerized Freight Index Weekly Commentary 2025 10.25-10.31 NCFI Weekly Index Data 2025 10.25-10.31 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Cont

The VLCC newbuilding market is heating up again as the fourth quarter unfolds, with major shipowners rushing to secure yard slots amid surging tanker earnings and tightening green compliance rules. In Asia, HMM has confirmed new orders for

The project and breakbulk shipping market has remained resilient in recent years, creating new momentum for investment in the multi-purpose vessel (MPP) sector. Taizhou Nuode Shipping Co., Ltd., a fast-rising Chinese shipping investor, is s

On October 30, 2025, COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING Holdings, SSE: 601919; HKEX: 1919) released its third-quarter report for 2025. Despite a complex external environment and intensified freight rate fluctuations, the comp

Following the October 27 signing ceremony with Greek shipowner EFNAV for six 82,000-DWT bulk carriers, Hengli HI announced on October 30 that the company has signed several new contracts two VLCCs and three 4,600-TEU，two 2,700-TEU contain

Spokesperson of the Ministry of Commerce Answers Questions on the Joint Arrangement Reached During the China-U.S. Economic and Trade Consultations in Kuala Lumpur Q: It is understood that China and the United States have reached a joint arr