To respond to the national strategy of peak emissions and carbon neutrality, improve the resource utilization ratio, improve the ecosystem and protect the environment, Shanghai Huanyu Container Factory, a subsidiary of COSCO SHIPPING Develo

Veniamis E. Theodore, President, Union of Greek Shipowners With a fleet of 4,901 vessels, Greek shipowners control 19.42% of global deadweight tonnage (dwt). In 2020, the Greek-owned fleet grew by over 4% to approximately 364 million dwt. T

Relevant government agencies in China are mulling supports to ensure iron ore supply, including significantly increasing domestic output and promoting overseas projects, industry officials said over the weekend, in the latest effort to expa

Liquefied natural gas (LNG) tankers are burning dirtier fuel oil than normal to try to conserve as much of their LNG cargo as possible after the price of the super-chilled fuel soared above oil, trade and shipping sources have told Reuters.

Haifa in northwestern Israel, the principal port of the country, on Wednesday started operations at its newly automated container port that uses smart port management system and technology of Shanghai International Port Group. SIPG has inve

Storms On The Horizon As hurricanes and storms become increasingly more severe due to climate change and warming sea temperatures, so too has the impact on tanker shipping. Hurricane Ida was upgraded to a category 4 storm and made landfall

The global trade association for ship operators, the International Chamber of Shipping, (ICS) has put forward a comprehensive proposal for a global levy on carbon emissions from ships, in what would be a first for any industrial sector. ICS

On September 2, Yangzijiang Shipbuilding announced that five alternative orders of 10 + 5 new Panamax 7000TEU LNG dual fuel container ships signed by the company and the worlds largest independent container ship owner Seaspan Corp were effe

Singapore-based Asiatic Lloyd announced that it has exercised its option to build two 7100TEU container ships at Dalian Shipbuilding Industry (DSIC). At the end of April, Asiatic Lloyd and DSIC signed a contract of 2+2 7100TEU container shi

On September 2, COSCO SHIPPING Holdings announced that ten wholly-owned subsidiary single ship companies of its holding subsidiary OOCL signed shipbuilding agreements with Nantong COSCO Khi Ship Engineering and Dalian COSCO Khi Ship Enginee

Aurora Tankers, the tanker arm of IMC Shipping, has completed its latest newbuilding series with the launch of its 50,000 dwt IMO II MR Chemical Tanker, Maritime Verity. The last delivery in a series of eight newbuildings, commissioned in 2

Firms gear up to tap soaring demand as global shipping revives from COVID woes The unprecedented boom in global demand for ships in the first half may bode well for Chinese shipyards thirsty for new shipbuilding orders, but the builders are

Having worked in Chinas shipbuilding industry for nearly four decades, Hu Keyi has witnessed how the sector has evolved from a follower to a competitive leader on the world stage. The 59-year-old is today the chief expert of China State Shi

Chinese coking coal futures soared 8% to hit their daily upper limit and an all-time high on Thursday, fuelling a rally in coke prices too, as sluggish imports and production control at mines stoked supply concerns. Mongolia reported most s

The Baltic Exchanges main dry bulk sea freight index fell to a two-week low on Thursday, as a retreat in panamaxes and supramaxes offset a slight uptick in the larger capesize segment. The overall index, which factors in rates for capesize,