On April 8, New Dayang signed for the delivery of a Crown 63 bulk carrier to CDB Leasing. The new ship is christened PCL ALCOR. In recent years, the two sides have successfully built 16 new ships, including 7 Crown 82 bulk carriers and 9 Cr

The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, advanced on Monday, supported by improved demand for capesize vessels. The Baltic dry index, which tracks rates for capesize, panamax a

Driven by robust demand due to the rapid recovery in major economies, Chinas exports are expected to rebound sharply in the first quarter of 2021 to reach a growth of about 30 percent year-on-year and lift GDP growth to 18 percent in the qu

NAVTOR is continuing its evolution with the launch of a new operation in Denmark. The global leader in e-navigation, which recently moved into vessel analytics and performance optimisation with the acquisition of Tres Solutions, has today o

Asian cruise giant Genting Hong Kong has suspended construction of several ships at its shipyards after losing more than $1.7 billion in the past year due to COVID-19. Genting Hong Kong said its net loss widened to US $1.716 billion for FY

On April 7, , the cruise ship VIKING SUN went through the customs formalities and officially arrived at the cruise port of Shekou. This is the first Chinese-flagged high-end ocean cruise officially entered the country, which is of epoch-mak

The 15th Singapore Maritime Week (SMW) 2021 will be held from 19 to 23 April 2021. Organised by the Maritime Port Authority of Singapore (MPA), in collaboration with industry stakeholders and research and educational institutions, this week

Strategic Marines StratCat 27 (SC27) combinesform with function to meet the increasing demands from the offshore wind industry and offers enhancedvessel capabilities witha reduced environmental footprint and hybrid drive options. It is with

On the evening of April 8th, Tianjin Port announced that the board of directors appointed Mr. Yu Lei as the companys professional manager vice president. The term is three years, with the first term running until the end of 2022. Mr. Yu Lei

The market volume gradually picked up, the composite index rose slightly Ningbo Containerized Freight Index:In the week ending Apr-2, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2138.2 points,

Ocean Alliance, the worlds largest container shipping alliance in carrying capacity, launched a new route linking northern China and Europe at Tianjin Port on Friday. As the first foreign trade ocean lane opened at the port this year, the r

Significant step forward to reduce Indias carbon footprint by 2030 Indian Register of Shipping (IRClass) has undertaken successful sea trials for two vesselstowardsuseof biofuelsin concurrencewith the Indian flag administration.The two vess

John Angelicoussis suffered a heart attack on March 20 at home and was admitted to hospital where he was sedated. After 20 days in the hospital, the well known Greek ship owner has died at aged 72. Angelicoussis was born in 1948 in London a

Sanctions end in sight? President Biden made it clear throughout his election campaign that he planned to re-engage with Iran, aiming to bring the USA back into the Joint Comprehensive Plan of Action (JCPOA). This week Iran and the US took

ReCAAP ISC today issued an Incident Alert on Incidents against ships in the eastbound lane of the Singapore Strait : The incidents of armed robbery against ships continued to occur to ships while underway in the Singapore Strait. During8 11