COSCO SHIPPING Ports Limited, the worlds leading ports operator, is pleased to announce that, in accordance with the terms and conditions of the share purchase agreement for the acquisition of 20% of the shares of Red Sea Gateway Terminal C

We previously mentioned in our reports how coal could be the dark horse of the dry cargo market in 2021. We are starting to see this unfold as seaborne coal volumes are rising, and with smaller vessel classes occupied with booming minor bul

The Oil Companies International Marine Forum (OCIMF) is currently developing an updated and enhanced version of its Ship Inspection Report Programme (SIRE) tanker risk assessment tool, the ship inspection regime that has become central to s

Credit: Shutterstock The International Chamber of Shipping (ICS) has released a statement following the European Commissions proposed extension of the EUs Emissions Trading System (ETS) to cover the international shipping sector. Guy Platte

Shipping will be included in Europes emissions trading system (ETS) and costs for polluters are set to rise under Brussels plans to meet the European Unions climate targets, the European Commission said on Wednesday. The EU ETS, which force

On July 13, the first domestic dynamic positioning shuttle tanker Bei Hai Xin Xi Wang independently developed, designed and built by COSCO SHIPPING (Qidong) Offshore was completed and delivered to North Sea Shipping. Bei Hai Xin Xi Wang is

On the morning of July 12, China Merchants Industry successfully held the arrival ceremony of MOLs first LNG carrier Grand Mereya. This cooperation is the first for the two parties to open a new chapter in the LNG ship repair business, open

On the evening of July 13, Ningbo Zhoushan Port and China Merchants Port both issued an announcement, disclosed the important equity cooperation between the two sides. As for China Merchants Port, it is planned to increase the layout of the

Chinas foreign trade climbed by 27.1 percent year-on-year to 18.07 trillion yuan ($2.8 trillion) during the first half of 2021, driven by robust demand due to the rapid recovery in major economies and the fast growth of cross-border e-comme

Vard Electro is pleased to announce the award of the contract for an innovative hybrid battery power system with Atlantic Towing to be integrated on their vessel Atlantic Shrike. Atlantic Towing is the first company to implement this multip

Seably, the global online marketplace for bespoke maritime training, is delighted to introduceCaptainJohn Carlo Gatti, the new Seably Director for Maritime Training Institutions. The youngest pilot to ever qualify as the Chief Pilot of Geno

Greek startup Harbor Lab welcomed in June its 300th vessel to its online disbursements platform. The achievement was realised 15 months after the software company launched its disbursements accounting (DA) processing solution for the shippi

The freight rate in the container shipping market is soaring, and Evergreen has set new records in June, the second quarter and the first half of the year. With the return of MV EVER GIVEN and the upcoming delivery of the worlds largest 24,

On July 9, Jinhui Holdings Company issued an announcement that Jinan Marine Inc. acquired a ship from BELFRI AS for 15.18 million US dollars (approximately 98.28 million yuan). Jinan Marine is a wholly-owned subsidiary of Jinhui Shipping. T

The reliability and efficiency of ballast water treatment (BWT) systems will be critical to achieving regulatory compliance for shipowners in future - and any malfunctions could seriously hit commercial operations. Any shipowner knows that