Chinas efforts to keep people from travelling for Chinese New Year because of several clusters of COVID-19 infections are forcing analysts to revise first-quarter fuel demand estimates, but are not expected to derail its post-pandemic recov

Iron ore prices tumbled on Tuesday, as market participants turned cautious ahead of a week-long Lunar New Year holiday beginning on Feb. 11 in top steel producer China. The most-traded May iron ore contract on Chinas Dalian Commodity Exchan

Chinas imports of major commodities are expected to show strong growth in January data, a reflection more of short-term factors, however, that are topping off a solid economic underpinning. Imports of crude oil, iron ore and coal are all ex

Global factors, not Chinas anti-epidemic efforts, cause port congestions: industry insiders Some foreign media outlets have reported that congestion of cold-chain containers at Chinas sea ports could impact the global supply chain, but a Gl

Signal Ventures , the investment arm of the Signal Group, is seeking entrepreneurs and start-ups in the maritime sector to join its ecosystem of technology partners. Led by Greek entrepreneur Ioannis Martinos, Signal Ventures focuses on B2B

BIMCO is working on a charter party clause to help tackle potential abuse by sanctions busters of the Automatic Identification System (AIS) which is mandatory for all ships to carry under SOLAS. AIS transmits information about a ship includ

Jan Ole Huseby, Head of Ocean Industries at DNB, looks back over an unforgettable year in business and life while scanning the post-pandemic horizon for the bright spots ahead. Face-to-face interaction, at the newly scheduled Nor-Shipping 2

Fridays For Future and conservation society NABU to discuss measures to combat climate change with global shipowners association BIMCO, containership owner MSC and the German engineering industry association VDMA The 29th edition of the lea

On February 1, Bestway Marine Energy Technology announced that its wholly-owned subsidiary Jiangsu Dajin Heavy Industry and JSP Coaster Verwaltungs GmbH signed the 5200DWT multi-purpose dry cargo ship construction contract. The value of the

On February 1, Bestway Marine Energy Technology announced that its wholly-owned subsidiary Jiangsu Dajin Heavy Industry and JSP Coaster Verwaltungs GmbH signed the 5200DWT multi-purpose dry cargo ship construction contract. The value of the

StormGeo , a global leader delivering shipping solutions in voyage planning, route advisory and fleet performance management, announced today the opening of a new office in Copenhagen, Denmark. The expansion in Denmark will strengthen the c

Positions PIL for Recovery and Sustainable Long-Term Growth Pacific International Lines (PIL) is pleased to announce that it has garnered support from a significant majority of its creditors and noteholders for its debt restructuring plan.

Alexander Enstrm joins world-leading coatings manufacturer Hempel to lead its new global marine organisation, as Hempel looks to build on its leadership position in the marine industry. With a strategic ambition to double revenue by 2025, H

Tomorrow marks the beginning of the leading international maritime trade event, SMM DIGITAL, for the first time held as a fully digital conference this year due to the coronavirus pandemic. At the online opening press conference for SMM DIG

The ten teams selected for the final phase of Helsinki Energy Challenge have submitted their final competition entries. The finalist entries include many different proposals on how Helsinki can stop using coal for heat production as sustain