The Baltic Exchanges main sea freight index rose on Monday, snapping a 12-day long losing streak, buoyed by stronger rates for capesize vessels. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects r

Fast growing offshore windfarms expect low carbon service operations by support vessels, but supplying and handling biofuels is a challenge and the development of ammonia and hydrogen powered vessels still has a long way to go, explains lea

In his keynote address to the International Union of Marine Insurance (IUMI) annual conference, IUMI President, Richard Turner, focused on four areas that are set to exert maximum impact on the marine insurance sector of the future these we

Indian Register of Shipping (IRClass) has joined a select group of Classification Societies who have received authorisation as a Recognised Organisation from the US flag administration.The recognition is an appreciation of IRClass meeting t

On September 11, 2020, CSSC Huangpu Wenchong Shipbuilding made a major breakthrough in the independent research and development of ship type, which ushered in another good news for the company to receive orders. On the same day, CSSC Huangp

On September 11, as the worlds first self-propelled Fast4Ward universal Floating Production Storage and Offloadingvessel (FPSO) completed and left the factory, Shanghai Waigaoqiao Shipbuilding has completed and delivered 21 vessels from Jan

LNG bunkering demand is estimated to grow to 9 million mt by 2025 and just under 30 million mt by 2030, with LNG bunkering fleet growing to more than 8,000 by 2030 from an existing fleet of 556, Alan Heng, managing director for Asia at Pavi

Taiwans CTCI Corporation has won an engineering, procurement, construction and commissioning contract to build a regasification facility as part of Taipowers Taichung power plant. The deal has a price tag of about $19 billion Taiwan dollars

China continues to prove the market commentators wrong on the iron ore front, with the asian heavyweights imports still hitting record levels. In the past three months Chinas iron ore imports have climbed 20 per cent year on year, while yea

Stumbling Indian coal imports coupled with a lack of steel cargoes from China was forcing Supramax tonnage opening in Southeast Asia to accept considerably lower freight returns for trips into the Indian Ocean than for voyages within the Pa

The list of industries that have been hit hard by Covid-19 is long, with shipping being just one of the many casualties. Although in spring tanker rates surged to unprecedented highs amid discharging delays and floating storage demand, toda

Capital Link is hosting its 5th Annual International Shipping Forum China Digitally, on Tuesday, September 15, 2020. The Forum is organized in partnership with Singhai Marine Services and Columbia Shipmanagement, and with the support of the

ReCAAP Information Sharing Centre today released the August 2020 Report on the situation of piracy and armed robbery against ships in Asia . The full report is available here , and the accompanying presentation slides are available here . O

On September 10, Bohai Shipbuilding Heavy Industry and CSSCs 716 Institute signed a contract for the construction of an offshore test platform. The construction price of the offshore platform signed this time is 61.5 million yuan (RMB), and

On September 9, Tianjin Southwest Maritime Limited signed a contract for the construction of two 98,000 cubic meters of VLEC with Jiangnan Shipbuilding. The order marks Southwest Maritimes entry into the VLEC market. The company currently h