Shippers could be forgiven for asking when will it end? A year of historically high long-term contracted container rates is being pushed to new heights, with a further 9% surge in prices across the month of May. According to the latest mark

On May 26, the 400,000 DWT terminal at Luoyu Port of Fujian Port Group was put into operation. The 400,000 dwt ore carrier YUAN FU HAI from Brazil, carrying Vale iron ore, first docked at Berth No. 9 of Luoyu Port and operated smoothly. Luo

The subject ZPMC 16000 m3 LNG bunkering vessel design plan undertaken by Shanghai Zhenhua Heavy Industries passed the subject review in Wuhan. The design plan of ZPMCs 16000 m3 LNG bunkering vessel has been awarded AIP certificate by China

Chinese company Shandong Landbridge Group remains committed to developing and managing Darwin Port of Australia, said its senior manager, and its lease not only complies with Australias laws but also is based on a business practice that gen

Shanghais Jiangnan Shipyard delivered its fourth 23,000-TEU liquefied natural gas (LNG) powered container ship to French shipping and logistics group CMA CGM Group on Wednesday. Named CMA CGM Trocadero, the vessel is 399.9 meters in length,

Blue Guard Innovations announces the introduction of its boat monitoring and control system,Smart Skipper. Smart Skipperenables owners, operators and captains to monitor the security and safety of their unattended vessels. Smart Skippercons

Commercial ship manager Signal Maritime is expanding its services and launching a new pool for MR product tankers. The move follows the success of its Aframax pool, which has been running since 2018 and consistently delivering above market

The 180,000 dwt bulk carrier CS NANJING, built by Qingdao Beihai Shipbuilding Heavy Industry for CSSC Brokerage Services, was successfully delivered on May 25 morning. The ship is the third ship delivered by BSIC this month. CS NANJING is t

Maritime and energy trailblazers will gather, both physically and digitally, at Nor-Shippings Ocean Now next week to assess the potential, risks and rewards of backing hydrogen as shippings future fuel. A whos who of leading stakeholders ar

On May 13, Tsuneishi Group (Zhoushan) Shipbuilding delivered Belle Lune, the first of the TESS42 series 42,000 DWT bulk carriers. Belle Lune, owned by Japanese shipowner Nissen Kaiun, is 180 meters long, 32.2 meters wide and 15.4 meters dee

Since 2021, under the background of the overall recovery of the global shipbuilding market, Chinese shipbuilders have received a substantial increase in new orders, reversing the overall downward trend in recent years. As of May 25, Chinese

GTT announces that it has received an order from its partner China Huanqiu Contracting Engineering Co. Ltd. (HQC) for the design of four very large Membrane Full Containment LNG storage tanks. This order is part of the new cooperation agree

The Baltic exchanges main sea freight index fell for the first time in five sessions on Tuesday, dragged lower by a dip in the capesize and panamax segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessel

On May 20, Group Chairman Miao Jianmin paid an official visit to HKSAR Chief Executive Carrie Lam Cheng Yuet-ngor in Hong Kong. Carrie Lam said that China Merchants Group was a long-established enterprise in Hong Kong and had been deeply in

Marked 12-month acceleration of Hatenboers global representation with partners and offices in Brazil, Saudi Arabia, Turkey and USA Hatenboer-Water BV and lesund Maritime AS have concluded a partnership, offering the company a solid foothold