Informa Markets is pleased to announce the recipients to the inaugural Marine Fuels 360 Awards 2023 at a Gala Dinner held at the Marina Bay Sands on 29 November 2023.

Chinese shipbuilders have secured 61.06 million dwt in newbuilding orders in the first ten months of 2023, an increase of 63.3% year-on-year.

Container carriers are failing to manage overcapacity of vessel supply, and this could lead to massive losses in the coming year analysts warn.

Zhejiang Seaport Group has set up a container terminal company to support the fast expanding development of Ningbo-Zhoushan port.

Container carriers are preparing for increased disruption at the Panama Canal as transit numbers continue to be reduced, and MSC and CMA CGM have both announced surcharges for the waterway.

German vessel broking company Arkona Allied Container is to build ten containerships at China’s Dajin Heavy Industry and Qingdao Yangfan Shipyard.

Aegean Shipping Management is ordering two tankers from Cosco Shipping Heavy Industry Yangzhou shipyard.

Denmark’s Green Instruments, a specialist in measuring equipment for ships, has entered an agreement with China’s Hudong-Zhonghua Shipbuilding on equipment that will minimise the risk of shipboard fires.

The maritime industries are undergoing a revolution in terms of technological advances but faces challenges of cost and talent in realising their full potential according to a senior executive from DP World.

The Panama Canal Authority (ACP) has launched a programme to auctions of transits for vessels waiting to pass through the waterway with a winning bid of $1.1 million at the first auction on Saturday.