China’s state-owned Cosco Shipping Energy Transportation has inked a memorandum of understanding (MOU) with oil major ExxonMobil to deepen their cooperation on marine lubricants purchasing and ship leasing.

DNV GL and Keppel Marine and Deepwater Technology (KMDTech), a subsidiary of Keppel Offshore & Marine, have signed a framework agreement to boost the uptake of LNG as ship fuel.

BigLift Shipping and Chung Yang Shipping have agreed to join hands to commercially operate four heavy transport vessels (HTVs) that can be offered to challenging heavy transport projects.

As part of a meeting between Chinese Vice Premier Han Zheng and Saudi Arabian Crown Prince Mohammed bin Salman Al Saud at the third meeting of the China-Saudi Arabia High-level Joint Committee, representatives of each country inked in an agreement covering shipping.

The cooperation between ZIM and the 2M Alliance of Maersk Line and MSC is being expanded to the Asia – Med and Asia – Pacific Northwest trades covering four services.

As with many other industries, key players in maritime are increasingly spurred on to accelerate innovation and adopt new technologies in a bid to stay ahead of the curve.

The Maritime and Port Authority of Singapore (MPA) is continuing to boost innovations in shipping and port operations as its ongoing initiatives seek out new start-ups to develop new talent and ventures for the maritime sector.

MacGregor and China State Shipbuilding Corporation (CSSC) have signed a letter of intent on strategic cooperation that will see MacGregor strengthen its presence in China.

CMA CGM and its 33% owned CEVA Logistics have widened their cooperation by entering into a reinforced industrial project.

Bimco and the European Community Shipowners Association (ECSA), the two leading associations representing shipowners globally and in Europe respectively, are looking at ways they can tighten their cooperation.

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