COSCO SHIPPING designed, developed and built the first domestic dynamic positioning shuttle tanker "Bei Hai Xin Xi Wang" independently and delivered to North Sea Shipping after completion, says an article published in Xinde Marine News."Bei Hai Xin Xi Wang"...
Greenland has put a halt to its 50-year attempt to become an oil producing nation.
This comes after announcing it would stop granting exploration licences and suspend a strategy of searching for oil.A recent news article published in...
China's shipbuilding industry registered strong growth during the first half of the year, official data shows.
The industry completed the construction of ships totaling over 20.92 million deadweight tonnes (dwt) from January to June, up 19 percent year...
Mitsui O.S.K. Lines has announced that it will acquire 40% of Methanex Corporation’s subsidiary Waterfront Shipping to expand its involvement in methanol-fueled ships.
Methanex, WFS and MOL will establish a strategic partnership to enable Methanex and WFS to...
International Seaways, Inc. and Diamond S Shipping Inc. announced that their Boards of Directors have unanimously approved a definitive merger agreement.
Subsequent to the merger, INSW and Diamond S shareholders will own approximately 55.75% and 44.25% of the...
The global container business is in chaos.
Surging consumer demand, covid outbreaks and a shortage of containers has led to higher volume for ocean carriers and congestion at ports.
Maersk, the world’s largest container shipper, has seen record...
The stunning amount of boxships ordered so far this year is set to continue with big names.
They are Cosco, Ocean Network Express (ONE), Yang Ming and Maersk all tipped to be in discussions with Asian yards.A Splash...
Jinhui Holdings Company announced that Jinan Marine Inc. acquired a ship from BELFRI AS for 15.18 million US dollars (approximately 98.28 million yuan), reports Xinde Marine News.
About the vessel
The above-mentioned ship is a 55,900 dwt handymax bulk carrier, which...
South Korea said Tuesday it has agreed with HMM Co., the country's largest shipper, to provide shipping services to North America.
It is for agricultural exporters amid rising demand for cargo services that stemmed from the global economic...
China’s Fujian Southeast Shipyard has delivered four in a series of five new product tankers ordered by Malaysia’s Orkim Sdn Bhd, says a press release published on Thordon Bearings website.
About the vessels
The 9000dwt Orkim Sapphire and Orkim Pearl, and 14,500dwt Orkim Diamond and Orkim Emerald represent the...
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