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Shandong Shipping Orders 12 Tankers, Bulkers in China
China’s state owned Shandong Shipping Corporation has placed orders for up to 12 new vessels at two compatriot shipbuilders.
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Cosco Energy Transportation Optimizes Structure in Ongoing ExpansionCosco Shipping Energy Transportation Company, part of the Chinese state Cosco shipping group, announced plans to merge with Shanghai Tanker, the owner of 49 tankers with an aggregate capacity of 4.73 million dwt.
ZES partners develop emission-free barge concept2 June 2020 saw the launch of Zero Emission Services B.V. (ZES), a new company that helps increase the sustainability of the inland shipping sector by leasing exchangeable battery containers — known as ZES-Packs — to businesses in inland shipping.
CMA CGM Aims to Be Carbon Neutral by 2050French-based CMA CGM, the world’s fourth-largest container shipping group, said on Tuesday it would aim to become carbon neutral by 2050.
South Korean shipbuilders surge on giant Qatar LNG dealShares of South Korean shipbuilders surged on Tuesday following a landmark deal for Qatari liquefied natural gas carriers.
Qatar Launches Largest LNG Shipbuilding Program in History at Korean YardsState-owned Qatar Petroleum has entered into shipbuilding agreements with South Korea’s “Big 3” shipyards for the construction of up to 100 LNG carriers valued at more than US$19 billion.
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