Tag: China

The Q1 2024 Dry Bulk Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the dry bulk shipping market regarding supply and demand.

China’s first methanol bunkering vessel “Hai Gang Zhi Yuan” has started operation after an equipment retrofit, according to the Methanol Institute.

Fratelli Cosulich Group announced that the Company placed an order for its first methanol dual-fuelled chemical bunker tanker. The 7,990 dwt IMO Type II chemical vessel will be built at Taizhou Maple Leaf Shipbuilding Co. in China.

Recently, China Classification Society (CCS) issued the first type approval certificate in China for the computer monitoring and alarm system that meets the requirements of IACS URE27 to Supcon Ocean Technology (Zhejiang) Co.

Stena Line marked a milestone on its journey towards sustainable shipping last week with the Steel Cutting ceremony for the first of its ‘NewMax’ hybrid ferries as construction begins in Weihai, China.  

Ongoing conflicts in the Red Sea have created challenges for global shippers of essential goods, but this is just one of the many issues confronting major carriers as 2024 begins, Reuters highlights.

Recently, Tianjin, Liaoning, Hebei and Shandong MSA jointly published a total of 27 main public routes in the Bohai Sea and its eastern waters, which has been implemented since December 18, 2023.

On December 26 a Singapore-flagged tanker, PEARL KENZO, collided with a Chinese-flagged fishing vessel, SUIYUPU 0183, near Chengshan Jiao, China.

China aims to produce more than half of the world's ships powered by cleaner fuels by 2025, according to guidelines published by the industry ministry.

According to media reports, China has revealed the design of the world's largest nuclear-powered container ship.