Statistics from the General Administration of Customs on Wednesday showed that Chinas foreign trade in goods in the first three quarters totaled 28.33 trillion yuan ($4.4 trillion), up 22.7 percent year-on-year. Exports increased by 24.5 pe

Clarksons Research announced on Oct. 13 that global new shipbuilding orders added up to 3.28 million CGT (116 ships) last month and 60 percent, 28 percent and 8 percent of the new orders went to Chinese, South Korean and Japanese shipbuilde

AET, a leading owner and operator of maritime transportation assets and specialised services, completed its first ever LNG bunkering in the US, working in coordination with Shell to refuel the LNG dual-fuel Aframax tanker Pacific Ruby outsi

A Harsh Winter For Iron Ore Demand, But Brighter Spring The essential story for iron ore demand at the moment is the energy crisis afflicting China as well as the rest of the world. Power rationing is both dampening steel demand as factorie

Womens International Shipping and Trading Association (WISTA) executive committee held its election for three executive positions during their International AGM yesterday (13 October). The AGM was hosted in Hamburg alongside a conference th

The performance of Wan Hai Lines reached a new high in September, and the profit is expected to exceed NT$10 billion for the first time. Wan Hai announced its financial report. In September this year, the companys revenue reached NT$25.764

11th Singapore Maritime Institute Forum discusses the role of research and development to enhance maritime safety in a digital era The eleventh edition of the SMI Forum, organised by the Singapore Maritime Institute (SMI), kicked off today.

On October 12, China Association of the National Shipbuilding Industry released the economic performance data of the shipbuilding industry in the first nine months of this year. Data show that in the first nine months of this year, the thre

The BIMCO secretariat understands from a recent UK PI report that there are risks of liquefaction involved with the loading of iron ore fines coming from Sierra Leone and ships arriving at port of Pepel are to be cautioned. Hence, members i

A former drillship is being converted to an ABS-Classed subsea mining vessel, in an industry first. Allseas 228-meter Hidden Gem is being equipped with a deep-sea mineral collection system to recover polymetallic nodules from the ocean floo

In an industry first, ABS has launched an advanced service using sophisticated modeling and simulation technologies to assess the impact of a wide range of vessel decarbonization technologies at the design stage as well as simplifying EEXI

Danfoss Editron has been chosen by Damen Shipyards to provide the electric drivetrain system powering the shipyards newest Fast Crew Supply (FCS) vessel. Known as the FCS 7011, the vessel will represent a leap forward in terms of speed, com

Nor-Shipping believes that its comeback in 2022 will give the industry the ideal platform to digest developments, and redefine strategies, in the wake of COP26 in October/November. The Norwegian event week, taking place in Oslo and Lillestr

Container shipping market 2019-2021 CCFI Trend Comparison Chart In October, the off-season of the market is not low. According to the latest statistics, the inventory-to-sales ratio of US retailers in July was only 1.11, and inventory reple

Trans-Pacific spot container rates have plateaued and in some cases pulled back, spurring speculation that container investors bull run has peaked and relief is on the way for U.S. importers. The case for calling the top: Chinese container