First Collaboration: Zhonggu Shipping Awards Contract for Two 14,000 TEU Green Megaships to Hudong-Zhonghua

On October 13, Zhonggu Shipping Group Co., Ltd. signed a construction contract for two 14,000 TEU large container vessels with Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., with CSSC Trading participating as one of the contracting parties. The signing marks the first collaboration between Zhonggu Shipping and Hudong-Zhonghua. The two sides will launch strategic cooperation focusing on green, energy-saving and environmentally friendly container ships.

World’s First Ship-to-Ship Bunkering of Green Ammonia Fuel Completed in Zhoushan, Zhejiang

According to information released by China Energy Engineering Corporation (CEEC), at the Zhoushan Anchorage in Zhejiang Province, the world’s first dedicated liquid ammonia bunkering vessel Shenghang Yongle completed a 1,000-tonne green ammonia bunkering operation for a 210,000-tonne ammonia-fuelled bulk carrier on the 13th. This marks the world’s first ship-to-ship bunkering of green ammonia fuel. After the operation, the ammonia-powered vessel will depart Zhoushan, cross the Pacific Ocean for Australia, and commence commercial shipping.

USD 844 Million! Multi-National Investors Vie for This Port Terminal Project

The Corío Port City project is attracting attention and competition from investors across multiple countries. Companies from the United States, China, India, South Korea, Turkey, the Netherlands and other nations have expressed investment interest, turning this major port proposal on South America’s west coast into a focal point within international shipping and infrastructure investment circles.

CMB.TECH Sells Tanker *Stella*, Realising USD 59.6 Million in Gains at Peak Market Prices

On October 13, CMB.TECH NV, the diversified Belgian shipowner controlled by the Saverys family, issued a fleet renewal announcement, stating that it had sold its Suezmax tanker Stella. Built in 2011, the vessel has now been delivered to its new owner. The company indicated that based on the net sale proceeds and book value, the transaction is expected to generate a gain of approximately USD 59.6 million in the fourth quarter of 2026.

Zhejiang Seaport Establishes New Company! A New Player Enters the Maritime Logistics Sector

On October 13, the unveiling ceremony of Ningbo Kaifu International Logistics Co., Ltd. (hereinafter referred to as "Ningbo Kaifu") was held in Ningbo. The company is a joint venture established by Zhejiang Seaport Logistics Group Co., Ltd. (hereinafter referred to as "Zhejiang Seaport Logistics Group"), under Zhejiang Seaport Group and Ningbo Zhoushan Port Group, and Jiaxing Kaihong Flat Supply Chain Management Co., Ltd. (hereinafter referred to as "Kaihong Flat").

Guangdong’s 300,000-tonne-class crude oil terminal passes completion acceptance

On October 12, the 300,000-tonne-class crude oil terminal project in the Bohe New Port Area of Maoming Port, Guangdong, passed completion acceptance, laying a solid hardware foundation for the terminal’s subsequent commissioning and operation.

TORM raises its full-year 2026 earnings guidance

Amid a strong tanker market, Danish product tanker owner TORM raised its full-year 2026 guidance for the third time on October 12.