COSCO Orders Four Asphalt Carriers from Mawei Shipyard
China’s COSCO Shipping has placed an order for four 9,000-tonne special liquid cargo ships with Mawei Shipyard, a part of Fujian Shipbuilding.
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South Korea Opens Indonesian Shipbuilding Training Center
Faced with record orderbooks and production bottlenecks, the South Korean government has inaugurated a shipbuilding training center in Indonesia.
GTT & HD KSOE Works with CMA CGM on Cryogenic Fuel Tanks
GTT receive order from HD Korea Shipbuilding & Offshore Engineering to design cryogenic fuel tanks for 12 LNG-fueled containerships for CMA CGM.
Taiwan Government to Support Yang Ming's Fleet Expansion
Taiwan’s Transportation and Communications Minister announced on July 30 that the government will back Yang Ming in commissioning more newbuilds.
Uniper Launches BioLNG at Rotterdam Terminal
German energy giant Uniper has taken a pioneering step by becoming the first company to supply BioLNG from the gate terminal in Rotterdam.
Yang Ming Shipping Line Announces New Leadership Roles
Yang Ming has announced a significant management reshuffle, promoting Cliff Pai to president and appointing Feng-Ming Tsai as the new chairman.
ONE Reports Strong Financial Performance in Q1 FY2024
Ocean Network Express (ONE) has announced its financial results for the first quarter of FY2024, covering April to June 2024.
Container Ship Sky Challenge Anchored in Busan After Grounding
A container ship operated by CK Line, named Sky Challenge, remains anchored in Busan after running aground on July 28.
Panama Canal Increases Daily Transits After Consistent Rain
The Panama Canal will increase its daily capacity to 36 transits starting in September, thanks to consistently strong rainfall.
Protests Erupt Over Oil Tanker Bunkering Stop in Gibraltar
Oil products tanker Overseas Santorini faced significant protests from pro-Palestinian supporters during a port call at Gibraltar for bunkering.
COSCO & Fortescue Partner to Develop Green Fuel Supply Chain
China’s COSCO has entered into a preliminary agreement with Australian mining company Fortescue to establish a green fuel supply chain.
Shipping Emissions Trading Scheme to be Enforced by Turkey
Shipowners looking to evade new environmental regulations by shifting operations to Europe’s eastern edge will need to reconsider their plans.
General Average Declared on Fire-Damaged Maersk Frankfurt
A general average has been declared on the Maersk Frankfurt, a newly built 5,500 TEU container ship that caught fire a week ago.
Iran Releases Crude Oil Cargo from Seized Tanker St. Nikolas
Iran has released the crude oil cargo of the St. Nikolas, a 159,000 dwt oil tanker that was seized in the Gulf of Oman.
NYK Investment to Restore Kelp Forests, Earn Carbon Credits
Japanese shipping giant NYK has discovered an innovative approach to earning carbon credits while also providing a popular delicacy to locals.