The Baltic Exchanges main sea freight index rose on Monday, hitting its highest in more than five months on gains in the capesize segment. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vess

Hanseaticsoft, a leading provider of maritime softwareand part of Lloyds Registers Maritime Performance Services, has strengthened its team with the appointment of a new regional sales manager, Sotiris Kyriakidis, to grow its business in Gr

On May 20, CDB Leasing announced that it planned to acquire two LNG vessels from GasLog for 1.825 billion yuan. The announcement said that the two wholly-ownedSPV companies ofCDB Leasing, Tianjin Shengli No. 2 Leasingand Tianjin Shengli No.

On May 20, Port State Control(PSC) online seminar between TheMaritimeSafety Administrationof the People Republic of China and the Danish Maritime Authoritywas held successfully. Representatives of The Danish Maritime Authority, Royal Danish

On May 23th, according to Philippine Coast Guard,a ferry carrying 142 people caught fire while heading to a town in Quezon province of Luzon, forcing passengers and crew to jump overboard. At least seven people are dead and 30 others are mi

On May 20th, COSCO Shipping Holdingsissued the following announcement: COSCOShippingincreased its stake in COSCO Shipping Holdingsby 500,000 A-shares and 3,025,500 H-shares. Meanwhile, COSCO Shipping will increase its A-shares and H-shares

The 37 deals worth 27 billion yuan ($4 billion) signed on Friday will bring industrial development and urban construction projects to Lin-gang Special Area of the China (Shanghai) Free Trade Zone, experts said. In an online event, 37 compan

VEEM Marine are proud to partner with Singapore-based shipbuilder Strategic Marine in the launch of their new Aluminium 42m Gen 4 Fast Crew Boat (FCB) developed in collaboration with Southerly Designs. Under the agreement, VEEM Marine will

On May 9, Shandong Port Group (SPG), one of the worlds largest port operators, signed strategic collaboration agreements with Shandong Academy of Marine Sciences (SAMS) and Qingdao Marine Equipment Inspections Testing Group (Qingdao NMEI Gr

The Intersessional Working Group (ISWG) on Greenhouse Gases (GHG) ISWG-GHG 12 marks the third substantive discussion on mid-term measures (MTM), and the shift from phase 1 to phase 2 of the workplan adopted at MEPC76. The meeting concluded

Hong Kong-listed ship leasing firm CSSC Shipping has ordered four 1,100 feeder containerships to be built by its parent company, China State Shipbuilding Corporations Wuchang Shipbuilding. The transaction, worth a little over US91m, is bein

Every Barrel Is Needed Whilst many members of the OPEC+ group are struggling to achieve its allotted output quota, one country that has been able to is Iraq. In April, the country managed to achieve crude production of 4.43 million bpd, an

ABS is supporting McAllister on its sustainability journey with greenhouse gas inventory and sustainability reporting services for its fleet of more than 75 tugboats, crew boats and barges. ABS specialists worked with McAllisters team to ca

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), today announced the launch of Smart Port Challenge (SPC) 2022 under Port Innovation Ecosystem Reim

On May 20, the worlds first 100,000 DWT smart fishery large-scale aquaculture vessel GUO XIN No. 1 built by CSSC Qingdao Beihai Shipbuilding for Qingdao Conson Development (Group) was delivered and christened in Qingdao. The delivery of GUO