The Baltic Exchanges main sea freight index jumped to over two-month high on Thursday as rates across vessel segments strengthened, particularly capesizes. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and

On the occasion of the World Maritime Day 2020, INTERCARGO joins the IMO and the shipping industry in promoting Sustainable shipping for a sustainable planet. International shipping is vital for the p rosperity of people all over the world

On World Maritime Day Guy Platten, the Secretary General of the International Chamber of Shipping (ICS), stated that the number of seafarers affected by the ongoing crew change crisis could soon reach one million, with major consequences fo

On World Maritime Day, with hundreds of thousands of seafarers still stranded at sea, I think now is the time to address shippings inability to consistently shape and direct policies that impact our ability to conduct business safely and ef

P ort of Trelleborg, the largest RoRo port in Scandinavia, has chosen Nowhere Networks as its strategic supplier for radio based fast internet to their shipping customers. Implementation will start shortly and before the end of this year al

CTI-Maritec has received approval from classification society DNV GL as a test facility capable of undertaking ballast water system commissioning tests in line with new ballast water rules set to enter-into-force in October 2021. The Approv

In August, Ningbo Zhoushan Port strengthened market development and internal management, improved port service level, and minimized the impact of adverse factors such as epidemics and typhoon on port transportation. This month, port transpo

Santoku Senpaku, a Japanese shipowner, has again ordered two Handymax bulk carriers from Dalian COSCO KHI Ship Engineering (DACKS). Allied Shipbroking reported that the owner had ordered two 61,000 dwt bulk carriers from DACKS, with deliver

Construction is well progressed on a pair of 40-meter catamaran passenger ferries at AFAI Southern Shipyard, in the Peoples Republic of China, designer Incat Crowther said on Wednesday. To be operated by the Zhuhai Fast Ferry Company, the v

Rio Tintos subsidiary Rio Tinto Mining Commercial (Shanghai) Co., Ltd. and Dalian Port Co. Ltd. signed a Memorandum of Understanding (MOU) Tuesday on cooperation in port handling, storage, blending, and transshipment of iron ore. They will

On April 15, members of the Organization of the Petroleum Exporting Countries (OPEC) and 10 non-OPEC partner countries, collectively known as OPEC+, agreed to reduce crude oil production in response to rapidly increasing global oil inventor

The Baltic Exchanges main sea freight index saw its biggest daily percentage rise in over one month on Wednesday as capesize vessel rates jumped. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects

DNV GL Maritime has released the fourth edition of its Maritime Forecast to 2050. The purpose of Maritime Forecast to 2050 is to enhance the ability of shipping stakeholders, especially shipowners, to navigate the technological, regulatory

At the Documentary Committee meeting that took place on 21-22 September, the new BIMCO MOA was presented for review, in line with BIMCOs strategy to provide contracts for all sectors of the shipping industry. BIMCO has been working on the d

The peak season for containerised exports from Asia to the US is now underway with the COVID-19 pandemic and astoundingly high freight rates making it easy to forget the trade war which has now entered its third year. However, despite the d