On May 21, CDB Leasing announced that eight wholly-owned SPV companies (as the new buyer) entered into a shipbuilding contract assignment agreement with the original buyer, Hong Kong Hengyi Logistics Co., Ltd., the seller Guangzhou Shipyard

On May 20, China Shipbuilding Trading, Qingdao Beihai Shipbuilding Heavy Industry, and Chinese Maritime Transport, held the cloud signing ceremony of two 210,000 dwt bulk carrier projects in Hong Kong, Taipei and Qingdao via video. The cons

Seaspan LNG completed a letter of intent with Natong China International Marine Containers Sinopacific Offshore Engineering to build an LNG bunker vessel for the Vancouver, Canada, port, Seaspan LNG said. We look forward to continuing to de

Transportation demand remained strong, and the composite index continued to rise Ningbo Containerized Freight Index: In the week ending May-21, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2884.

Following a general review, the report generator is now reinstated, allowing generation on both KPI and Ranking overview. Please note that the below hyperlinks only work for BIMCO Shipping KPI users being logged on to the www.shipping-kpi.o

PowerCell Sweden AB is now presenting PowerCellution Marine System 200, an industrialized high-power fuel cell module with low weight and a compact format, especially developed for the electrification of marine applications. Marie System 20

Members and Assureds will be aware, from the Clubs Circular in May 2020, of a case where illegal narcotics were found on board a vessel in Mexico and the vessel and crew were detained (click here to access the Circular). However, the number

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nat

The Maritime Safety Committee 103 meeting (MSC 103) of the International Maritime Organization (IMO) was held 5 to 14 May 2021. Several important decisions were made that will affect shipowners directly. These include upcoming changes to fi

Counting the cost of emissions In September last year the European Parliament voted for the inclusion of greenhouse gas (GHG) emissions from ships over 5,000 gross tonnes in the emissions trading system (EU ETS) by 1 January 2022. In the mo

Delmar Systems, Inc. (Delmar) is pleased to announce the acquisition of Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors. The combined company, with its global footprint and enhanced asset portfolio, will continue as Delmar Systems

CSSC Leasing announces that on 20 May 2021, Fortune Haumea and Fortune Poseidon, its wholly-owned subsidiaries, entered into a Memorandum of Agreement with the purchaser, Red Box Energy Logistics, for the sale of two polar class heavy deck

On May 20, the second 6500 DWT chemical tanker stopped at Jinling (Weihai) No. 2 Terminal. Two ships of the same type from a shipyard in Weihai landed in China Merchants Jinling Shipyard (Weihai). The two 6500DWT chemical tankers were built

Genco Shipping Trading, the US dry bulk carrier owner, has signed a contract to order two very large bulk carriers being built by Dalian COSCO Khi Ship Engineering. The new ship is scheduled for delivery in January 2022. Since December 2020

The Liberian Registry has attained a historic milestone, reaching a fleet size of 200 million gross tons. This achievement further confirms the position of Liberia as the second largest, and fastest growing, ship registry in the world. Libe