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Friday, August 29, 2025
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CIMC Raffles Delivers Scarabeo 5 Congo LNG FPU

CIMC Raffles delivers Scarabeo 5 Congo LNG FPU in Yantai on August 27, 2025, which is its another cutting-edge practice in the green energy...

Allied Weekly Market Review Week 34

Pls find below the Allied – Weekly Market Review – Week 34 ALLIED – Weekly Market Report- Week 34

Japan’s domestic car output falls in July

Tokyo, 29 August (Argus) — Japan’s domestic car output fell on the year in July, partially driven by reduced exports to the US market. Total...

480 million euros! Armas’ core business acquired separately by DFDS and Baleària

Image source: Naucher Global Shipping News Network消息, according to foreign media reports, Danish shipping and logistics group DFDS and Spanish ferry operator Baleària have recently...

Tsuneishi Shipbuilding Launches First Methanol Dual-Fuel 5900TEU Container Ship

At 8:18 AM on August 27th, the first methanol dual-fuel 5900TEU container ship built by Tsuneishi Shipbuilding (Zhoushan) was successfully launched at the Tsuneishi...

First Delivery! CIMC Raffles’ “Oil to Gas” Strategy Achieves Positive Breakthrough

On August 27, CIMC Raffles held the delivery ceremony for the Congo LNG Floating Production Unit (FPU) “Scarabeo 5” in Yantai. This represents another...

Collapse in profits for China Merchants Nanjing Tanker

In the first half of 2025, profits fell by over 50% due to weak demand for petroleum product transportation Beijing – China Merchants Nanjing Tanker...

CMB.TECH gains $20.4m from suezmax sale as fleet rejuvenation continues

The Belgium-based CMB.TECH NV has sealed a deal on August 25 to sell its 2010-built suezmax Sofia, 165,000-dwt, for a net sale price of...

Two subsidiaries of CIMC announce interim results

On August 27, CIMC officially released its 2025 semi-annual performance report. From January to June this year, CIMC Enric, a major operating enterprise in the...

Xiangyu Shipbuilding Builds a Green Intelligent Manufacturing Enterprise with Ten Billion Yuan Output Value

▲Xiangyu Shipbuilding “Jixiang” Type 64,000 DWT Bulk Carrier Welding sparks fly along the rivers and seas; giant ships set sail as the nation strengthens its...
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