Building the Engine Room of the Future

Bachmann’s involvement in MARIN’s Zero Emissions Lab

Bachmann’s involvement in MARIN’s Zero Emissions Lab

CO2 Leak on Bulker Kills 10, Injures 19 in China

bulker

A carbon dioxide leak on a ship killed ten and injured nineteen people in eastern China.

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Latest China Tariffs to Negatively Impact Port, LNG Sectors

containers

China's hike in tariffs on US imports will negatively affect LNG and port sectors.

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China Retaliates against US Tariffs Hike

Flag of China

China is to raise the rate of additional tariffs imposed on some of the imported U.S. products from June 1.

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NRF: Latest Tariffs Are Too Great a Gamble for US Economy

US President Donald Trump

US released a list of USD 300 billion of Chinese goods that will be targeted by additional tariffs of 25 percent.

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Trump Proposes Massive Hike on Chinese Tariffs

US President, Donald Trump

Trump is increasing the pressure on China to reach a trade agreement with a new tariff plan.

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HMM, FESCO to Extend Roots on China-Russia Service

Hyundai Merchant Marine vessel

Hyundai Merchant Marine is to expand cooperation with FESCO on their China Russia North Service.

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Viking Cruises, China Merchants to Form Chinese Cruise Line

Viking Cruises' ocean cruise ship Viking Jupiter

Viking and China Merchants would form a joint venture to form a cruise line for the Chinese cruise market.

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NRF: US Container Ports See Retail Imports Uptick

Container shipping

The tariff increase has been put on hold while U.S.-China negotiations continue.

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China Delays MacGregor's TTS Acquisition

mACGREGOR

MacGregor expects to close its acquisition of TTS Group's businesses in Q2 2019.

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Armatori Group Secures Financing for New Tanker Duo

Finance

Armatori Group's Marittima Emiliana secured financing for the construction of two chemical tankers in China.

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Rising Demand to Push China's Chemical Freight Rates Up

Tanker

Drewry: China’s increasing domestic demand for chemical shipping is to strengthen coastal freight rates.

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NRF: US Retail Imports Set to Drop to Annual Low

Containers

US imports to drop to their lowest level in almost a year amid annual lull and a hold on tariff increase.

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Trump Delays Tariffs on USD 200 Bn of Chinese Imports

US President, Donald Trump

President Trump has delayed the additional Chinese tariffs, scheduled to take effect from March 1.

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ONE Expands LSF Surcharge in China

Containership ONE Aguila

ONE has unveiled a further expansion to the low sulphur fuel surcharge implementation in China.

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Stena Line Floats 1st Next Generation Ferry in China

Stena Estrid

Stena Line launched its first next generation RoPax vessel at the Avic Weihai Shipyard in China.

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China Stops Gas Leak from LPG Tanker off Dongying Port

LPG carrier

A South Korean LPG tanker leaked gas off the coast of Dongying, China, in the morning hours of January 12.

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South Korean Builders Claim the Throne in 2018

South Korea has reclaimed the crown from China as the top shipbuilding nation in 2018.

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China Bans EGCS Wash Water Discharge in Coastal Waters

Scrubber

China has banned the discharge of wash water from open-loop exhaust gas cleaning systems in coastal waters.

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China Overtook the US as Largest Crude Oil Importer in 2017

China surpassed the US in annual gross crude oil imports in 2017, according to EIA.

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China Announces Tariff Cuts

Chinese flag

China plans to reduce tariffs on imports of more than 700 commodities as of January 1, 2019.

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Good News for Bulkers as China Buys US Soyabeans Again?

Bulker

It remains to be seen whether continuation of the U.S. soybean sale to China would help raise Panamax & Supramax rates.

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