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...
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", ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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 ...
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...
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 ...
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...
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...
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.
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 ...
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...
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
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...
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