Maritime/Shipbuilding

New market update: January 2023

GÖTEBORG, Sweden, Jan. 5, 2023 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available here. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the development of the global p...

2023-01-05 20:38 1876

The Maritime City of Fuzhou Pursuing Strong and Sustainable Development

FUZHOU, China, Jan. 5, 2023 /PRNewswire/ -- Recently, the promotional video of Fuzhou of Fujian Province, titled "What You Didn't Know about Fuzhou -- a Maritime City", was released through overseas social media accounts including "Paris Oriental Center", "Discover Fujian" and "Discover Fuzhou", ...

2023-01-05 18:21 2311

United Safety Acquires Allsalt Maritime

This acquisition will bring together United Safety's specialty in preventing serious injury and death using advanced Active and Semi Active suspension systems and blast mitigation seating for military with Allsalt's world class expertise in shock and vibration mitigation systems for marine applic...

2023-01-04 00:00 2041

First LNG cargo arrives at Germany's LNG terminal in Wilhelmshaven

ARLINGTON, Va. and DÜSSELDORF, Germany, Jan. 3, 2023 /PRNewswire/ -- Today, Uniper broughtGermany's first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, a major energy mover, wa...

2023-01-03 19:00 2013

CGTN: Vitality under COVID-19: China's smart ports aid increased throughput

BEIJING, Dec. 29, 2022 /PRNewswire/ -- China's Qingdao Port, a subsidiary of Shandong Port Group and the second-largest foreign trade port in eastChina's Shandong Province, has seen an increase in anchorage rotations of very large container ships, according to China Media Group. The port has han...

2022-12-29 11:55 7324

MSC Group completes acquisition of Bolloré Africa Logistics

MSC STATEMENT GENEVA, Dec. 22, 2022 /PRNewswire/ -- MSC Group is pleased to confirm that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved by all applicable regulatory authorities. MSC's acquisition...

2022-12-22 02:27 2696

ADNOC L&S Signs Agreement for Third Long-Term Charter of LNG Floating Storage Unit with AG&P

* Agreement unlocks additional value from ADNOC L&S' growing operating fleet, reinforcing its position as region's largest shipping and integrated logistics company * As ADNOC L&S renews its LNG fleet, older vessels are being repurposed to deliver new revenue streams  * AG&P to utilize ADNO...

2022-12-21 17:43 2432

Royal Caribbean Group Forms a Strategic Partnership with iCON Infrastructure to Launch New Chapter of Destination Development

MIAMI, Dec. 19, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) announced today that it has entered into a new partnership with iCON Infrastructure Partners VI, L.P. ("iCON VI")1, a fund advised by iCON Infrastructure LLP ("iCON Infrastructure" or "iCON") to develop strategic cruise port ...

2022-12-19 21:00 2601

Marine Online: The number of existing oil tankers changing hands soars

SINGAPORE, Dec. 19, 2022 /PRNewswire/ -- Zhoushan, China-based ship owner Zhejiang Guanghui Marine Shipping Co., Ltd. recently sold a 9-year-old 7,000 DWT product oil tanker to an anonymous buyer fromSingapore for US$7.19 million, far higher than the market valuation in the mid-2022, a successful...

2022-12-19 15:34 1633

SILVERSEA CRUISES PRESIDENT AND CEO ROBERTO MARTINOLI TRANSITIONS TO SENIOR ADVISOR ROLE; BARBARA MUCKERMANN NAMED TO SUCCEED HIM

Martinoli to assume senior advisor role to Royal Caribbean Group President and CEOJason Liberty, after building Silversea Cruises into the world's leading ultra-luxury cruise line MIAMI, Dec. 15, 2022 /PRNewswire/ -- Silversea Cruises President and CEO Roberto Martinoli has elevated the brand in...

2022-12-15 22:30 2457

Royal Caribbean Group Announces Strategic Agreement with Meyer Turku Oy, Finnish Government

TURKU, Finland, Dec. 14, 2022 /PRNewswire/ -- Today, Royal Caribbean Group (NYSE: RCL) announced it has signed a maritime declaration with the Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) andMeyer Turku Oy, to chart the way forward for innovative and ...

2022-12-14 17:00 2280

New market update: December 2022

GOTHENBURG, Sweden, Dec. 8, 2022 /PRNewswire/ -- Concordia Maritime has published a new market update. The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the de...

2022-12-08 18:00 2162

MIT Technology Review Insights' Blue Technology Barometer weighs the state of oceans in its second annual ranking

CAMBRIDGE, Mass., Dec. 5, 2022 /PRNewswire/ -- Produced by MIT Technology Review Insights in association with Morgan Stanley, the Blue Technology Barometer 2022/23 (BTB) is the second annual comparative ranking of 66 countries and territories on the progress they are making toward sustainability ...

2022-12-05 23:00 2051

Delivery of sold vessel and continued review of the fleet

GOTHENBURG, Sweden, Dec. 2, 2022 /PRNewswire/ -- Yesterday, the sold product tanker Stena Primorsk was delivered to its new owner. The other two recently sold vessels are expected to be delivered at the end of 2022 and the beginning of 2023, respectively. After the sale of the three vessels, Sten...

2022-12-02 00:37 1908

SACO Shipping has selected WAVE BL to power its all-digital House Bills of Lading (eHBLs)

SACO Shipping uses WAVE BL's proprietary, blockchain-powered platform to digitize all its House BL transactions PHILADELPHIA, Nov. 30, 2022 /PRNewswire/ -- WAVE BL, the market leader in blockchain-powered trade, announced today that SACO Shipping GmbH has chosen WAVE BL's platform for issuing, h...

2022-11-30 15:17 1986

Xinhua Silk Road: Shanghai International Shipping Center enters new stage of comprehensive development

BEIJING, Nov. 24, 2022 /PRNewswire/ -- Shanghai International Shipping Center has entered a new stage of comprehensive development featuring green transformation, digital intelligence and strong resilience, according to participants of the 2022 North Bund Forum.

2022-11-24 16:28 4876

Shanghai Zhenhua Heavy Industries powers China's 39th Antarctic scientific research expedition

SHANGHAI, Nov. 24, 2022 /PRNewswire/ -- The first cohort of the 39th Chinese Antarctic scientific research team set out from the China Polar Research Base Terminal inShanghai for Antarctica on polar research icebreaker Xuelong 2 on October 26, in order to carry out scientific research tasks. The ...

2022-11-24 12:35 2108

World Cities Day 2022: ZPMC Drives Global Urbanization and Sustainable Development with Advanced, Intelligent and Green Technologies

SHANGHAI, China, Nov. 24, 2022 /PRNewswire/ -- On the occasion of World Cities Day 2022, Shanghai Zhenhua Port Machinery Co., Ltd. (ZPMC), the world's largest port machinery manufacturer, is reiterating its commitment to promoting the sustainable development of cities and building intelligent, ef...

2022-11-24 12:31 1991

Progress Report shows that Maritime Green Corridors are taking off - but essential stakeholders must not be left behind

COPENHAGEN, Nov. 17, 2022 /PRNewswire/ -- A new report from the Global Maritime Forum , prepared on behalf of the Getting to Zero Coalition, assesses progress towards the development of Green Shipping Corridors - maritime routes between major port hubs where ...

2022-11-17 16:30 2740

Rizhao boosts port economy

RIZHAO, China, Nov. 16, 2022 /PRNewswire/ -- A report from chinadaily.com.cn: Rizhao, a coastal city in East China's Shandong province, is transforming the local port economy into a core driver for its high-quality development. As a flourishing port city, Rizhao is serving as a national logistics...

2022-11-16 15:17 1906
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