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​ China’s shipbuilding industry has achieved a significant milestone with the construction of its first large methanol dual-fuel container vessel, marking a pivotal step towards sustainable maritime operations.​ The vessel, named COSCO SHIPPING Yangpu, is the inaugural ship in a series of methanol dual-fuel container ships built by COSCO SHIPPING Heavy Industry Yangzhou for COSCO […]

The United States Trade Representative (USTR) has unveiled a set of new trade actions aimed at China’s maritime, logistics, and shipbuilding sectors. These measures come in response to the findings of a year-long Section 301 investigation, which concluded that China’s practices in these industries are “unreasonable” and harm U.S. commerce by displacing foreign competitors and

​​ Crane specialist Huisman has signed a contract with Greek shipowner Capital Offshore to deliver four state-of-the-art Knuckle Boom Cranes. These cranes are set to be installed on new MMC-designed platform supply vessels (PSVs) currently under construction at the Fujian Mawei shipyard in China. The vessels are intended for operations in the Brazilian offshore market.

​​ NAG Marine, a Norfolk, Virginia-based defense contractor, has been awarded a $28.6 million firm-fixed-price, indefinite-delivery/indefinite-quantity (IDIQ) contract by the U.S. Navy. The contract encompasses the development and supply of human-machine interfaces (HMIs) for various military vessels, including those operated by the Navy, Military Sealift Command, Army, Coast Guard, and allied foreign navies. ​ These

Techano Oceanlift, a subsidiary of Oslo-listed Nekkar ASA, has been awarded a contract by Hercules Supply AS to deliver an offshore crane for a new multi-purpose supply vessel (MPSV) currently under construction at the Fujian Mawei Shipyard in China. ​ The scope of work includes engineering, manufacturing, and commissioning of the crane, which is scheduled

The United States has adjusted its proposed port fee structure targeting Chinese-built and Chinese-owned vessels, scaling back from its initial plan following industry feedback. Despite these revisions, China’s state-owned shipping giant, COSCO, has voiced strong objections, labeling the measures as discriminatory and a threat to global trade stability.​ Revised Fee Structure Initially, the U.S. Trade

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest private port operator, has announced the acquisition of the North Queensland Export Terminal (NQXT) in Australia for approximately $2.54 billion. The transaction involves issuing 143.8 million equity shares to Carmichael Rail and Port Singapore Holdings Pte Ltd, bringing the terminal back under APSEZ’s control after