When placing orders for new ships, some liner companies choose methanol and LNG as power, and some choose dual fuel ready, but which one is the best option? There is no standard answer yet. No matter what, we have to drive to the destinatio

ABS is adding on-demand, high-resolution historical and forecast weather data on its ABS My Digital Fleet risk management platform together with Meteomatics, one of the worlds leading weather service providers. This latest addition to the A

ABS, HudongZhonghua Shipbuilding (HZS) and Wrtsil are to develop a flexible, future ready and modular concept for a future multi-fuel electric Liquefied Natural Gas Carrier (LNGC) vessel. Using advanced multi-physics modeling and simulation

Norwegian shipping tycoon John Fredriksens US-listed bulk carrier SFL Corporation sold seven bulk carriers to an Asian buyer for US$100 million. It is reported that the buyer is China Development Bank Leasing. On September 14, CDB Leasing a

Chinas August coal output edged up from a 26-month low in the prior month, as Beijing re-opened dozens of mines and approved several new ones to ensure supply and cool high prices. The worlds largest miner and consumer of coal churned out 3

London International Shipping Week Headline Conference Driving Growth in a Disrupted World Excellencies, ladies and gentlemen, It is a pleasure to welcome you to IMO Headquarters today and to see many of you in person again. I also welcome

The Baltic Exchanges main dry bulk sea freight index rose for a fifth straight session on Wednesday to its highest level in more than two weeks, on gains in panamax and supramax rates. The overall index, which factors in rates for capesize,

Cargo insurance has entered a new era that will deliver opportunities to those underwriters who embrace technology and harness its power. This message was delivered by the International Union of Marine Insurance (IUMI) at its data and digit

On September 14, Wison (Nantong) Heavy Industry won the bid to build the hulls of two floating nuclear power stations for Rosatom at a price of $226 million. According to the bidding agreement, Wison will deliver the hull of the first float

ZHI FEI, Chinas first autonomous 300TEU container merchant ship, successfully carried out sea trials in Qingdao on Sept. 14. The construction of ZHI FEI has important reference significance for the development of Chinas smart shipping techn

Google Cloud on Tuesday launched Supply Chain Twin , a service that helps organizations leverage data from disparate sources to better understand their physical supply chain. The cloud company is also launching the Supply Chain Pulse module

With over 3,500 oil tankers around the world, oil tankers are an integral part of the global transportation of oil from their extraction site to refineries or distribution centers. However, scheduling these tankers has historically been a m

All stakeholders in shipping need to collaborate, co-operate and communicate better to tackle the upcoming climate change crisis Shipmanagers and shipping associations called for a single organisation to be created to provide one voice to l

Dalian Shipbuilding (DSCI), a subsidiary of China State Shipbuilding Corporation, said the worlds first LNG-fueled very large crude carrier (VLCC) has completed its sea trials in Chinese waters. TheYuan Rui Yangis a VLCC that COSCO Shipping

Capesize time charter and voyage freight rates hit a record increase on Sept. 13 as tonnage supply disruptions caused by Typhoon Chanthu escalated, exacerbated by the COVID-19 related protocols already adhered to at various ports. The SP Gl