Reclamation works for the first phase of Tuas Port have been completed. This marks a major milestone for the Maritime and Port Authority of Singapore (MPA) in developing Singapores next-generation port. Mr S Iswaran, Minister for Transport

Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November, consolidating recent gains to leave container shipping costs up 121.2% year-on-year. The latest developments, revealed in the Xeneta Shipping

On November 25, China Shipbuilding Trading together with Chongqing Chuandong Shipbuilding Industry and Guangxi Wuzhou Tongzhou Shipping Transportation signed the construction contract for two 7,450DWT product/chemical tankers. The ship is 1

On November 29, Guangzhou Shipyard International delivered the 95,000DWT ice breaking bulk carrier NORDIC SIKU for PANGAEA, marking the successful conclusion of the first ice breaking bulk carrier project built in South China. The projects

Chinese piped-gas operator China Gas has entered into a strategic cooperation agreement and has established a JV Company with energy trader Vitol Asia to jointly expand the LNG trading market in China. The parties entered into the strategic

The 19th Presidents Meeting of Ports and Harbors Association and the 21st Port Symposium in Northeast Asia Webinar was held in East Chinas Shanghai on Nov 24, and representatives from China, Japan and South Korea attended the meeting both o

2050 Level of Ambition and Revision of the Initial IMO GHG Strategy A proposal was received to update the ambition of the IMOs Initial GHG Strategy to zero GHG emissions by 2050 instead of the current 50% reduction of GHG levels from 2008 i

Lloyds Lists annual rundown of shippings most influential players is fronted by those demonstrating the scale, will and desire to bring wholesale changes to an industry requiring leadership in a period of profound disruption. THE global imp

China Minsheng Trust looks to be exiting shipping. TradeWinds has learned. Shipping sources in China said the Beijing financial shipowner has put its existing fleet and newbuilding up for sale. The fleet includes four 85,000-dwt bulker newb

The seventy-seventh session of the Marine Environment Protection Committee (MEPC 77) was held remotely from 22 to 26 November 2021. The meeting focused on the following agenda: 01 Harmful aquatic organisms in ballast water (Agenda 4) 02 Air

The Korean Register (KR) has published guidance outlining the technical measures necessary to safely load and carry containers on bulk cargo ships. With the recent unprecedented boom in the maritime transport market, demand from shipping co

Following a 12-month-long joint RD programme focused on developing economically viable offshore green hydrogen production solutions, Lhyfe, a world pioneer and pure player in renewable green hydrogenproduction,andDORIS, an integrated engine

Classification society DNV has introduced the shipping industrys first competence standard for vessel remote control centre operators (RCCO). The standard is supported by a new recommended practice that offers a certification scheme for RCC

On 25 November 2021, China Classification Society (CCS), Wartsila Voyage Limited and Tianjin Port Group signed a Memorandum of Understanding (MoU) on technical cooperation both virtually and physically at CCS Headquarters to initiate joint

On November 26, the fourth ship BOKM TUBARAO, a 325,000DWT VLOC built by Yangzi Xinfu Shipbuilding Group for Bank of Communications Financial Leasing, successfully christened and delivered. The smooth delivery of BOKM TUBARAO marked the suc