Chinese shipyard，SUMEC Marines New Dayang Shipbuilding has officially entered the tanker construction sector by securing an order for four MR (Medium Range) product tankers. This move signifies a major milestone, as New Dayang, traditiona

Chinese Shipping Conpany Fujian Guohang Ocean Shipping (Group) Co., Ltd. has released its 2024 performance forecast, showcasing remarkable success! The companys net profit attributable to shareholders is projected to range between 18 millio

Stena RoRo has expanded its fleet with the purchase of the RoRo ship Giuseppe Lucchesi . The ship will be renamed the Stena Shipper and fly the Danish flag. In connection with the transaction, Stena RoRo is taking over a contract with the T

In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered dropped by 74%, says Niels Rasmussen, Chie

GTT has signed a Technical Assistance and License Agreement with the Chinese shipyard Hengli Shipbuilding (Dalian), part of the Hengli Group, a leading Chinese conglomerate with a strong presence in industries such as petrochemicals, energy

The Hong Kong and China Gas Company Limited (Towngas) and Global Energy Trading Pte Ltd (Global Energy) in Singapore have signed a memorandum of understanding (MOU) to jointly advance the supply and distribution of green methanol as a marin

On January 19th, Winning Simandou 1, a groundbreaking Floating Transshipment Unit (FTU) led by Winning International Group and backed by Shandong Baowu Steel Group. , was officially delivered at Tongmao Shipyard in Nantong. The Winning Sima

Jiangxi New JiangZhou Shipbuilding Heavy Industry Co., Ltd. has kicked off 2025 with its first contract, signing an agreement with MERCURIUS, a leading Dutch shipping company, for two 135-meter dual-purpose stainless steel chemical tankers.

Download reports at NCFI Weekly Index Data 2025 1.11-1.17 Ningbo Containerized Freight Index Weekly Commentary 2025 1.11-1.17 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact U

Frank G. Olsen, CEO of VesselMan and Henrik Hyldahn, Group CEO of Marcura Marcura, global leader in digital maritime solutions, has announced the strategic acquisition of VesselMan, a prominent provider of technology solutions for dry-docki

In 2024, Ningbo-Zhoushan Port achieved remarkable milestones, reaffirming its status as a global leader in the port industry! The port handled an impressive 1.377 billion tons of cargo, a 4% year-on-year increase, maintaining its position a

On January 16, Sandy Chan, Managing Director of the Hong Kong Shipowners Association, delivered an inspiring speech at the Roundtable Forum on Developing High Value-added Maritime Industry in Hong Kong, focusing on the industrys path forwar

If the shipping industry is to achieve IMOs target of full decarbonization by 2050, now is not the time to stand still. CEO Heikki Pntynen As the shipping industry faces increasingly stringent decarbonization targets and environmental regul

GTT announces that it has received, in the first quarter of 2025, an order from its partner the Chinese shipyardHudong-Zhonghua (Group) Co. Ltd. for the tank design of six new very large Liquefied Natural Gas (LNG) carriers. These six LNG c

Chinas three major shipbuilding indicators all showed positive trends in 2024, data from Chinas Ministry of Industry and Information Technology (MIIT) revealed on Thursday, marking the 15th consecutive year China has led these indicators gl