[vc_row][vc_column][vc_column_text] Indian Register of Shipping (IRClass), has released Rules for LNG fuelled coastal and inland vessels in addition to its already established Rules for ocean going ships. In a significant move, which underscores the increasing [...]
[vc_row][vc_column width="2/3"][vc_column_text] China's COSCO Shipping Holdings expects to post a profit of around 1.85 billion yuan ($272 million) in the first half, helped by an improving shipping market.The world's fourth-largest container shipping line made the [...]
[vc_row][vc_column][vc_column_text] The UN’s shipping body has settled on the main elements of an interim strategy aiming to decarbonise the sector. Over 170 countries meeting at the International Maritime Organisation in London had some substantive discussion [...]
[vc_row][vc_column][vc_column_text]COSCO SHIPPING Holdings Co. Ltd., a majority owned subsidiary of China COSCO SHIPPING Corporation Ltd, Shanghai International Port (Group) Co., Ltd (“SIPG”; SHA: 600018) and Orient Overseas (International) Limited (“OOIL”; HKEx: 0316) jointly announced that [...]
[vc_row][vc_column][vc_column_text] In what can only be seen as a worrying sign of things to come, shipbroker Gibson reports that VLCC orders this year have more than tripled, compared to those of the whole of 2016. [...]
[vc_row][vc_column][vc_column_text] The vast majority of the world’s trade in goods is moved by sea, and it has long been recognised how shipping is a critical element of the global economy, providing the connection between producers [...]
[vc_row][vc_column][vc_column_text]Dutch genset specialist Sandfirden Technics and Swiss electric equipment supplier Liebherr are to collaborate on the development of hybrid ship propulsion systems.As a part of the agreement, Liebherr will provide complete propulsion systems starting from [...]
[vc_row][vc_column][vc_column_text] A gas turbine-powered containership project has entered into a new phase as it looks to develop its initial concept into a ‘ready to order’ vessel. Project partners ABB, OMT, GTT, Caterpillar’s Solar Turbines, CMA [...]
[vc_row][vc_column][vc_column_text]Shell Marine has released trunk piston oils Shell Argina and Shell Gadinia, intended to meet the demands of higher pressures and operating temperatures in modern mid-speed engines. Those characteristics, driven by the need for better [...]
[vc_row][vc_column][vc_column_text] ExxonMobil, Eagle LNG Partners LLC (Eagle LNG Partners) and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The goal is to establish the storage and technical [...]
