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China COSCO Shipping Co, the country's largest shipping company by fleet size, officially launched COSCO Shipping Energy Transportation Co in Shanghai on Monday, creating the world's largest oil tanker fleet in terms of both ship numbers and deadweight tonnage.

Saudi Arabia's national shipping company and the Arab Petroleum Investments Corp. (APICORP) have launched a joint fund to purchase large oil tankers for the kingdom, an official statement said on Monday.

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The main target of DSP in respect of Contship Italia Group, is to address the IT strategies of the various companies to guarantee an harmonious development respecting the peculiarity and the autonomy of the single realities. In the last years DSP, using the acquired know-how in the IT problems of shipping, port management and intermodal transportation has enlarged is portfolio of activities offering to the market professional services in terminal operations processes and systems deployment and optimisiation. In 2007 DSP became partner of NAVIS (part of Cargotec Corporation) and certified its staff as SPARCS 3.7 and SPARCS N4 senior consultants, carrying out various international projects. DSP has recently developed for Contship Italia Group an innovative and flexible system for automatic invoicing (Fatteuro) for container and general cargo terminals interfaced with other systems in order to manage all the necessary information to calculate and register the invoices. It is currently is use at CICT (Cagliari), EGT(Tangier), LSCT(La Spezia) and at the General Cargo Terminal SPETER of La Spezia. DSP is also tightly linked with the new University of Applied Science of Southern Switzerland. In his team a professor of this university is leading analysis and design activities and most part of his personnel has a degree in Computer Science and where recruited there. This also gives the chance to DSP to participate to research projects on the transport and IT area and to remain always skilled with the newest technology

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China Ocean Shipping (Group) Company said its ships anchored at Tianjin port were not affected by the blasts at a warehouse in the country's northeastern city last week, though some of its facilities in the area suffered varying levels of damage.

An oil tanker belonging to China Shipping Tanker Company caught fire on Monday off Shanghai waters, leaving five seafarers injured and one dead, according to local reports citing Shanghai maritime authorities.

Measuring the environmental impact of their supply chain has become an increasingly important issue for many companies. To meet this demand, the CMA CGM Group will be making available to customers a new service starting in April 2011: the eco-calculator.

Maritime services company Tote is to launch the world’s first LNG-powered containership at General Dynamics NASSCO shipyard in California, US.

The 19,224 TEU MSC Oliver returned from sea trials this weekend ahead of next month's expected delivery to Mediterranean Shipping Company from the DSME shipyard in Okpo, South Korea.

Greece received an improved bid for its largest port on Wednesday, with the 368.5 million euros ($402 million) offered by COSCO Group pushing the Chinese company closer to a deal that would step up the privatization program agreed with Greece's international lenders.

A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other means of obfuscation, according to a new report by United Nations monitors.

A new paper from WCS (Wildlife Conservation Society), in partnership with researchers and practitioners from National Oceanic and Atmospheric Administration, U.S. Coast Guard, Space Quest, Google, and SkyTruth, reviews the use of a maritime vessel communication and navigational safety system that is not only effective in protecting people, but wildlife such as whales, walruses, and other wildlife species as well. With improvements, say the authors, the system will ultimately result in greater engagement by vessel companies and operators in the conservation of marine resources.

Shipping companies leaving themselves vulnerable to cyber-attack also risk massive financial liability for damage to other businesses, warns executive director of the Institute for Cyber Security Innovation Robert CAROLINA.

French container transportation and shipping company CMA-CGM has announced a pre-conditional voluntary general cash offer for Singapore-based container group Neptune Orient Lines (NOL).

The New Program Will Allow Companies to Resell Joy Organics' Line of Pharmaceutical Grade, THC-Free CBD Products Under Their Own Brand

The new International Maritime Organization (IMO) Low Sulphur Regulation will be effective from 1 January 2020 and will require all shipping companies to reduce their Sulphur emissions by 85%.