Wan Hai Lines issued two announcements, both involving container ordering. According to the announcement, due to the replacement of the old and the business needs, Wan Hai ordered 30,000 TEU of containers from CIMC, with an average unit pri

Chinas Ministry of Transportation issued a plan on Thursday for the construction of new types of basic infrastructure over the next five years, under which accelerating the building of intelligent and unmanned ports was listed as a priority

Shanghai reported surging growth in the export of containers and container ships in the first eight months of this year, local customs said on Wednesday. From January to August, Shanghai exported 246,000 containers, up twofold from the same

Strong rates across dry bulk vessel segments drove the Baltic Exchanges main sea freight index to their highest since 2009 on Thursday. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 91

Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of 2021 compared to 2020, with imports so far this year totalling 26.1m tonnes. The highest increase has been rec

Falling iron ore prices have glided through the top layer of the cost curve as a number of small Australian producers are reporting output cuts due to unprofitability. Low grade (58%) iron ore is fetching around $74 CFR China according to F

Finding effective solutions to the worlds carbon emission problem can only come through wide collaboration because of the scale of the issue and its urgency, a panel on decarbonisation at the Sea Asia 2021 virtual conference said. All stake

It is clear from the panelists at the Sea Asia 2021 virtual conference that there will be increasing use of artificial intelligence (AI) in the maritime industry and in order to prepare for this, companies need to ensure their decision make

Synergy Marine Pte. Ltd., a subsidiary of Synergy Group, has signed an agreement to take over Maersk Tankers technical management business. This will strengthen Synergy Groups position within technical management, and Maersk Tankers will be

Classification society DNV and the Liberian International Ship Corporate Registry (LISCR) have awarded an Approval in Principle (AiP) to Hyundai Heavy Industries (HHI) and Korea Shipbuilding Offshore Engineering CO. (KSOE) for a new 40,000

On September 18, General Administration of Customs released the latest monthly statistics on Chinas imports and exports in August. Statistics show that in August this year, China exported 371 ships, a year-on-year increase of 14.9%, with a

Nor-Shipping 2022, Your Arena For Ocean Solutions, is making a final call for entries for the coveted Next Generation Ship Award. The prize, recognised industry wide for shining a spotlight on maritime innovation, is open to any newbuild se

On September 22, Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation, officially delivered FLANDERS PIONEER, the worlds largest dual-fuel VLGC (86,000m3), built for Belgiums EXMAR. The vessel is 230m in length, 36.6m in

The Norwegian export credit agency, Export Finance Norway (Eksfin) , is opening up new territory for state-backed financing with a cutting-edge solution that enables international customers to purchase ongoing services from a Norwegian expo

Canadian Pacific Railway Limited and Kansas City Southern today announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately