Marking the start of the greenest London International Shipping Week yet, the UK backs a world-leading absolute zero target for international shipping emissions by 2050, as announced by Transport Secretary Grant Shapps today (13 September 2

After container ships, vehicle carriers are becoming another ship type with explosive growth this year. The number of orders for new ships in the first eight months exceeded the total of the past six years. The prices of newbuildings and se

Marius Hermansen, the new CEO at Astrup Fearnley, is focused on helping the 150-year-old business transition for a new age of prosperity with fresh talent, smarter ways of working, and a burning desire to modernize shipbroking services to d

A total of eight new sea routes for container shipping were announced to be named Silk Road Maritime during the 21st China International Fair for Investment and Trade, which concluded on Saturday in Xiamen, Fujian province. The eight routes

Soon after CMA CGM announced that it would temporarily suspend spot rate increases worldwide in the next 5 months, the worlds largest shipping company Maersk, the fifth largest shipping company Hapag-Lloyd, and the sixth largest shipping co

Transport demand remained high, and the composite index continued to rise Ningbo Containerized Freight Index: In the week ending Sep-10, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 4126.7 point

Chinas Shanghai International Energy Exchange (INE) will launch its freight index futures contract this year, Yang Yiping, the exchanges associate director in the international cooperation and business development department, said this week

Tanker Shopping This year has seen an impressive surge in commodity prices. Steel prices reached multiyear highs in May and, although they have since eased back, values remain above levels seen between 2016-2020. Shipping has not been immun

ICS launches new guidance for seafarers and shipowners to navigate ongoing pandemic challenges EMBARGOED UNTIL 9:00AM BST MONDAY 13 SEPTEMBER 2021. On the first day of London International Shipping Week, the International Chamber of Shippin

On the evening of September 9, ZhongGu Logistics (stock code: 603565) announced the results of the private placement of shares and the announcement of changes in equity. According to relevant announcements, the private placement of ZhongGu

From 29 August 2021, navigation- and radio-communication equipment to be installed on board vessels is required to be compliant with Bridge Alert Management (BAM) according to IEC 62923-1 and 2 under the EU Marine Equipment Directive (MED).

On September 7, Zhanjiang Port Group successfully obtained the port operation license of 400,000DWT bulk cargo terminal (601# berth) in Xiashan port area, marking that the 400,000DWT bulk cargo terminal of Zhanjiang Port Group was officiall

This measure is effective immediately from September 9, 2021 and until February 1, 2022. The Group is prioritizing its long-term relationship with customers in the face of an unprecedented situation in the shipping industry. Since the begin

A groundbreaking series of eight large container vessels capable of being operated on carbon-neutral methanol ordered by Maersk, along with an option for a further four vessels, are to be built to ABS Class. The announcement underlines ABS

Chinas benchmark metallurgical coal and coke futures surged to record highs on Thursday, driven by fears of a prolonged tightness in supply of the steelmaking materials in the worlds top steel producer. The most-traded January metallurgical