Russian firms Sovcomflot Group and Gazprom Neft Marine have joined hands to develop projects for LNG bunkering as part of their efforts to reduce emissions from ships.
China’s state-owned shipping giant Cocso Shipping is to work with Hainan province to jointly promote localised shipping and port asset optimisation and consolidation.
Mitsui OSK Lines (MOL) has entered into an agreement to co-own six very large ethane carriers (VLECs) with Reliance Ethane Holding, wholly-owned by Reliance Industries.
South Korean carrier Hyundai Merchant Marine (HMM) announced that it will expand its cooperation with Russia’s Fesco on an existing service between China, Korea and Russia.
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.