As the number of ships passing through the drought-ridden Panama Canal and the terrorist-hit Red Sea slows, the geopolitical importance of these so-called choke points in world trade comes to the fore once again. The disruption inevitably works its way through to the Asia Pacific. Take the Panama...
China COSCO Shipping
COSCO Line to retrofit containership quartet to methanol
Following in the pioneering footsteps of Maersk, Chinese shipping heavyweight COSCO Line is embarking […]
The post COSCO Line to retrofit containership quartet to methanol appeared first on Offshore Energy.
https://www.offshore-energy.biz/cosco-line-to-retrofit-containership-quartet-to-methanol/
COSCO and State Power Investment sign cooperation deal
China COSCO SHIPPING and State Power Investment signed an online Memorandum of Cooperation Agreement on 20 September.
Both sides will increase synergies, take advantage of their respective business benefits and develop a comprehensive and multi-level strategic relationship.
The two companies will continue to develop strategic collaboration in green energy, shipping logistics, infrastructure building and investment, equipment manufacture, and technical innovation applications, according to the...
https://container-news.com/cosco-and-state-power-investment-sign-cooperation-deal/
COSCO Shipping JV ups the ante with 6 more LNG-powered car carriers
Guangzhou Yuanhai Car Carrier Transportation, a joint venture recently set up by Cosco Shipping […]
The post COSCO Shipping JV ups the ante with 6 more LNG-powered car carriers appeared first on Offshore Energy.
https://www.offshore-energy.biz/cosco-shipping-jv-ups-the-ante-with-6-more-lng-powered-car-carriers/
Drewry reports changes to global port capacity forecast, presents leading terminal operators
Widespread container shipping trade recovery in the wake of the Covid-19 pandemic has boosted the global terminal capacity outlook, supported by global terminal operators’ (GTOs) increased appetite for higher-risk greenfield projects to deliver long-term growth, according to Drewry’s latest Global Container Terminal Operators Annual Review and Forecast report.
Global container port capacity is projected to increase by an average annual rate of 2.4% to reach 1.38 billion TEU by 2026. However, the...
Retrofit Concept Combining LNG Fuel Conversion & Vessel Jumboization For Very Large Container Ships Receives Approval
During a ceremony at Bureau Veritas (BV) headquarters based in Paris La Défense, GTT, a technological expert in membrane containment systems, Alwena Shipping, a naval consultancy and engineering firm, and COSCO Shipping Heavy Industry (Zhoushan) Co., Ltd (CHI Zhoushan) shipyard, have received an Approval in Principle (AiP) from the classification society Bureau Veritas (BV) for a new concept, combining LNG retrofit and jumboization, applied to large container ships.
GTT carried out the LNG Mark...
MOL, COSCO christen newest LNG carrier
Mitsui OSK Lines (MOL) and China COSCO Shipping have formally named the last ship in a series of four LNG carriers jointly ordered by the two companies from Hudong ..
MOL And China COSCO Shipping Name Fourth LNGC For Yamal LNG ‘LNG Megrez’
Mitsui O.S.K. Lines, Ltd. (MOL) announced that on 20 October, a naming ceremony for an LNG carrier, jointly ordered by MOL and China COSCO Shipping Corporation Limited (China COSCO Shipping), was held at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong).
The vessel is the last of four newbuilding conventional LNG Carriers for the Yamal LNG Project announced at the end of June 2017 and was named “LNG MEGREZ” after a star in the constellation Ursa Major.
Image Credits: mol.co.jp
MOL has been...
NACKS delivers bulk carrier to Japanese owner
Nantong COSCO KHI Ship Engineering (NACKS) delivered a new bulk carrier to Japanese owner Misuga Kaiun on Thursday, August 20. The LR-classed, Panamanian-flagged ..
MOL And China COSCO Shipping Name New-Built LNGC For Yamal LNG Project
Mitsui O.S.K. Lines, Ltd. (MOL) announced that on 19 August, a naming ceremony for a LNG carrier, jointly ordered by MOL and China COSCO Shipping Corporation Limited (China COSCO Shipping), was held at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong)
The vessel was named “LNG PHECDA” after a star in the constellation Ursa Major. LNG PHECDA is the third of four newbuilding conventional LNG Carriers for the Yamal LNG Project announced at the end of June, 2017 *1, and the sister vessel of...