A global health crisis of the magnitude we are experiencing has not struck the international community for over a century. In this unprecedented crisis, all countries and all areas of our daily life are profoundly affected and in disarray.

Senior member of the Shanghai Shipbrokers Club Yangfan Group secured a new order of 18,500dwt chemical tanker from Singapore owner on April 9th, 2020. The ships LOA is about 164.34m, breadth 23m and design draft 9.55m. The yard bagged one 2

Singapore-based manager Norstar Ship Management (NSM) has appointed Dr Lars Grnitz as its new Managing Director. The appointment marks the next phase of Norstars development as an integrated ship management company and owner with a renewed

Carrier Chengxi Shipyard launched the first 40,000DWT self-unloading bulk carrier on Feb. 28, 2020, which was designed and constructed by Chengxi for CSL/HJH based upon owners personalized demands. The newbuilding program between Chengxi an

The maiden voyage ceremony of AG3 of Qingdao Port, Shandong Port Group THE Alliance, the first Middle East direct route opened by THE Alliance, was successfully held. The Middle East container route opened this time is the first direct Midd

Korean shipbuilders are reportedly outrun by Chinese rivals in a race to win a 1.35-trillion-won order for six 23,000-TEU super-large container carriers from German shipping company Hapag-Lloyd. Chinese shipbuilders beat technologically sup

Supertanker freight rates have fallen after last weeks highs as industry participants await the outcome of a meeting of oil producers on Thursday before making further bookings, industry sources said. Freight rates could drop further if the

On April 6, Group President Hu Jianhua inspected China Merchants Ports Mawan Smart Port to learn about the progress of the project and epidemic prevention and control. The inspection was accompanied by Group Chief Digital Officer Zhang Jian

Classification society ABS has published new guidance on the development of autonomous technologies for maritime, including a goal-based framework for autonomous requirements. The ABS Advisory on Autonomous Functionality addresses the appli

ABB signs Memorandum of Understanding (MOU) with Hydrogne de France to jointly manufacture megawatt-scale fuel cell systems capable of powering ocean-going vessels The MOU between ABB and hydrogen technologies specialist Hydrogne de France

World trade is expected to fall by between 13 percent and 32 percent in 2020 as the COVID-19 pandemic disrupts normal economic activity and life around the world, the World Trade Organization (WTO) said Wednesday in its latest report. The w

Major ports in coastal areas of China have restored their operations to roughly the pre-COVID-19 level, which will help sustain the global supply chain that has been hit hard by the pandemic, experts said. While doing their part to contain

A pair of parallel pipelines in white and green stretch from the shore of Zhoushan in East Chinas Zhejiang province, where night and day they pump oil, water and marine fuel onto ships waiting just off the coast. It has become a common scen

Recently,Xinde Marine News makes an interview with Peter Stanley,the CEO of IFAN,who makes an introduction of the Middles East Navigation Aids Services. Xinde Marine News: Pls kindly make a brief introduction to MENAS and what specific cont

On April 8, Ye Weilong, deputy general manager of COSCO SHIPPING Group, died in Beijing early this morning at the age of 57. According to the data, Ye Weilong graduated from Dalian Maritime University with a Ph.D. and is a senior economist.