Wuchang Shipbuilding Industry Group, a subsidiary of China State Shipbuilding Corporation Limited, signed a strategic cooperation agreement with Shanghai Merchant Ship Design and Research Institute (SDARI) in Shanghai on Feb 17. The two sid

St. Catharines, Ontario, Canada and Middleton, Massachusetts, USA (February 17, 2023) Algoma Central Corporation and The CSL Group, who together form the CSL International Pool, announced a newbuild order with Jiangsu Yangzi-Mitsui Shipbuil

Geneva, Switzerland, 16 February 2023 - The MSC Group and the MSC Foundation have organized an urgent response to support the population in the aftermath of the devastating earthquake inTurkey and Syria. A wide effort is underway across the

Images from biofuel bunkering on MOL Endowment Ocean Network Express (ONE) announced the successful completion of the biofuel trial onboard MOL ENDOWMENT. Drop-in biofuel pilot project Conducted as part of the Global Centre for Maritime Dec

Chinas first cross-border e-commerce express line of the Silk RoadShipping has delivered over 20,000 twenty-foot equivalent units (TEU) of goods, worth more than eight billion yuan (1.17 billion U.S. dollars), since it was launched on June

On 17th February, the Japan Branch of Headway Technology Group, a newly established subsidiary of Headway Technology Group, hosted a seminar themed Low Carbon Future at the Okura Hotel in Kobe, Japan. Several well-known Japanese shipowners,

Launched today from headquarters in the UK, and with offices throughout Europe, Asia and the Americas, NorthStandard, formed through the merger of North and Standard Club, immediately becomes one of the worlds largest providers of mutual ma

Copenhagen A.P. Moller - Maersk (Maersk) has entered into an agreement to divest its logistics sites in St. Petersburg and Novorossiysk to IG Finance Development Limited. Maersk divesting the two sites is a consequence of the companys decis

The supply in the traditional off-season was insufficient, and the composite Index continued to fall Ningbo Containerized Freight Index: In the week ending Feb-17, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

Renewable methanol is seen as a viable fuel option in accelerating the decarbonization of maritime industries, Methanol Institute CEO Greg Dolan said at methanol industry group IMPCAs conference in Miami Feb. 15. With 80 renewable methanol

The Baltic Exchanges main sea freight index, logged its best day in nearly two months on Monday on gains in rates for capesize and supramax shipping vessels. The overall index, which factors in rates for capesize, panamax, and supramax ship

Australian coal exports to China have resumed gradually as domestic steel companies diversify sources of supply while gradually restoring confidence in Australian goods amid eased bilateral trade relations, industry insiders said. Customs c

China Baowu Steel Group Corp., the worlds biggest steelmaker, will seek closer ties with iron ore miner Rio Tinto as Chinas demand for the raw material rebounds. Baowu is looking to benefit from efforts to repair trade relations between Chi

Simpson Spence Young (SSY) -the worlds largest independent shipbroker -and Glencores ST Shipping Transport have joined forces to donate a substantial commission to the Mercy Ships foundation. Founded in 1978, Mercy Ships delivers much neede

Over 30 leading maritime organisations and companies are urgently calling on the United Nations Secretary General to prioritise the immediate release of the 331 seafarers and 62 ships that remain trapped in Ukrainian ports. The open letter,