World Maritime Theme 2021 Seafarers: at the core of shippings future Message by IMO Secretary-General Kitack Lim Ladies and gentlemen, As we begin a new year, the COVID-19 pandemic still holds sway, with many countries subject to lockdowns

XenetasLong-Term XSI Public Indices today revealed yet another monthly hike in long-term ocean freight rates, with global container prices climbing by 3.2%. The development follows a 2.2% increase in August and an unprecedented 28.1% jump i

Nine members of a criminal syndicate have been convicted in 2020 and 2021 for offences under the Computer Misuse Act, for using industrial strength magnets to tamper with the Mass Flow Meter (MFM) equipment on board bunker tankers Southernp

CNOOC Limited announced today that the Company made a large-sized discovery of Kenli 10-2 in Bohai. The Kenli 10-2 oilfield is located in Laizhou Bay Sag in Southern Bohai Bay, with an average water depth of about 15.7 meters. The main oil-

On September 28, 2021, China Crews Remuneration index released by Shanghai Shipping Exchange closed at 1338.24 points, up 44.00 points from the previous period. The senior seafarers remuneration index closed at 1269.60 points, an increase o

Chinas remarkable economic growth over the past four decades has lifted hundreds of millions of people out of poverty, turning the country into a leader in many industries but also the worlds largest carbon emitter, accounting for one-third

The ABS-classed Liza Unity FPSO has been awarded the SUSTAIN-1 notation by leading Classification Society ABS the first FPSO in the world to receive it. The SUSTAIN-1 notation demonstrates the vessels alignment with key elements of the Envi

As the potential of ammonia to contribute to shippings decarbonization objectives is increasingly recognized, ABS has moved to support its adoption with publication of industry-leading guidance for the design and construction of ammonia-fue

On September 28, 2021, Dalian COSCO Khi Ship Engineering held a christening and delivery ceremony for SPDBs first operating chartered bulk carrier BBG BAISE DE102. DE102 is a 61,000dwt bulk carrier with a length of 199.90 meters, a width of

On 30 September 2021, IMO and the global maritime community come together to celebrate the annual World Maritime Day, with a focus on this years theme: Seafarers: At the core of shippings future. As part of the celebrations, which are a fix

Qatar Petroleum said Sept. 29 that it had reached an agreement to supply 3.5 million mt/year of LNG to China over 15 years. The long-term sale and purchase agreement with CNOOC Gas and Power Trading Marketing Ltd., a subsidiary of China Nat

Capital Gas Ship Management Corp. took successful delivery today of the newbuilding LNG Carrier Asklipios, built by Hyundai Heavy Industries, S.Korea. With cargo capacity of 174,000 m3, the vessel is highly efficient, propelled with XDF eng

Dalian Shipbuilding Industry and China Shipbuilding Trading successfully undertook the project of three 85,000DWT bulk carriers from Norwegian shipowner Seatankers Group. This type of ship has shallow draft, large tank capacity and load cap

Performance data from VESPER platform combined with weather forecasting to optimise voyage planning and minimise cost Weathernews Inc (WNI) has joined forces with Vessel Performance Solutions (VPS) to integrate critical performance data fro

On the afternoon of September 25, with the worlds largest 400,000dwt VLOC Pacific Harvest loading 390,200dwt imported iron ore, berthing at Ningbo Zhoushan port and starting unloading operation, Ningbo Zhoushan port has received and unloade