Such is the scale of industry disruption from decarbonization that a decarbonization strategy likely is now the best business strategy for shipowners. That was the message for the industry from Christopher J. Wiernicki, ABS Chairman, Presid

Expanding into Product Tankers ◦ Extending LPG fleet ◦ Preparing Second Fund On October 11, ship owning fund Pelagic Partners, in partnership with Cypriot outfit Interorient Shipmanagement, took delivery of the MR2 product tankerStar Os

CHINA POOL---Chinas first VLCC POOL, announced its public operation on 18th Octorber,2021. It has become a new milestone for the tanker transportation industry to enter the era of sharing and win-win cooperation. -About CHINA POOL- CHINA PO

China Shipbuilding Trading, a subsidiary of China State Shipbuilding Corporation, and Shanghai Waigaoqiao Shipbuilding successfully held a signing ceremony for 10 7000TEU container ships with Seaspan, a subsidiary of Canadian ATLAS Group. T

On October 16, COSCO SHIPPING Shipyard (Zhoushan) and Bank of Communications Financial Leasing signed a contract for the construction of 8 bulk carriers of 6,3600 dwt in Shanghai. This series of ships has a total length of 199.9 meters, a m

Norways maritime and offshore energy expertise can be the key to unlocking the renewable energy growth the world demands. Jon Dugstad, Director Wind and Solar, NORWEP, believes Nor-Shipping 2022 provides the ideal platform for accelerating

In order to implement the strategy of becoming a maritime power and focus on 3060 dual carbon goal, COSCO SHIPPING Heavy Industry launched on October 16, and cooperated with Dalian CRRC Diesel Engine, COSCO SHIPPING (Tianjin), China Shippin

The China Navigation Company Pte. Ltd. (CNCo) announced that it has been renamed to Swire Shipping Pte. Ltd. (Swire Shipping), as part of a strategy to streamline its brands, and present customers and stakeholders with a consistent and unif

IMO-UNEP-Norway Zero-and Low-Emission Innovation Forum highlighted challenges and opportunities for decarbonization, financing, building on innovation and best practices. Collaboration and knowledge sharing around innovation are the most ef

GTT has been chosen by its partner the Korean shipyard Hyundai Heavy Industries (HHI) to design the cryogenic fuel tanks of two liquefied natural gas (LNG) fueled container vessels. The two new vessels, each with a capacity of 15,600 contai

Time for Transition? Heads of state havent even got on their respective planes to fly to Glasgow for the meeting of world leaders to discuss climate issues at COP26 and already there are various groups calling for additional changes to clim

WISTA International began their two-day conference in Hamburg yesterday (14 October) with discussions exploring the theme of Todays Actions for Tomorrows Business in the maritime industry. Kitack Lim, IMO Secretary-General opened the confer

CDB Leasing announced on October 13, 2021 that it intends to purchase two LNG carriers through a wholly-owned special purpose company for a total cost of $248 million. One LNG carrier was purchased from GAS-ten Ltd at a price of $128 millio

Vitols Singaporean bunker operations company,V-Bunkers,has received awards for 5 of its fleet of 20 bunker barges. The awards were presented by Ms Quah Ley Hoon, Chief Executive of the Maritime Port Authority of Singapore (MPA) at the 55thS

COSCO SHIPPING International (Hong Kong) has acquired an additional 16% stake in Piraeus Port Authority (PPA) through the purchase of shares from Hellenic Republic Asset Development Fund (HRADF). The transfer was made through Athens Exchang