Ships passing through The Panama Canal began paying a water tax of up ro $10,000 on Saturday February 15 . For the use of fresh water they will pay , to enable the Canal authority (ACP) face the shortage derived from the climate crisis and

IMO 2020, the 0.50% limit of sulphur in ships fuel oil, has been in effect since 1 January 2020, cutting sulphur oxide emissions from ships operating worldwide. From 1 March 2020, the carriage ban on non-compliant fuel oil (except for ships

The Baltic Exchanges main sea freight index rose to a near two-week high on Monday, registering its biggest daily advance in more than two months as rates rose across all vessel segments. The Baltic index, which tracks rates for capesize, p

The General Administration of Customs has come out with 10 measures to help in the resumption of work at export-oriented firms and stabilizing trade growth, amid the coronavirus outbreak in the country. The measures are aimed at increasing

The Japanese government confirmed on Monday 99 more people on board the quarantined Diamond Princess cruise liner were infected with novel coronavirus pneumonia, bringing the total to 454. Of the 99 people 85 passengers and 14 crew members

1.Chinas container transport for export purposes saw an overall increase in January, according to the Shanghai Shipping Exchange (SSE). 2.The number of people who have tested positive for the novel coronavirus on a quarantined ship off Japa

Lin Wenbo, general manager of Yang Ming, resigned ahead of time due to his dissatisfaction with the result of a sale and leaseback case ten years ago. Yang Ming announced that general manager Lin Wenbo retired on February 16 due to his pers

Coronavirus, a Force Majeure? A matter of facts, the legal team should do something There is an argument, whether the coronavirus outbreak constitutes Force Majeure to shipping or sales contract, it seems there is no conclusion and legal me

The annual value of the maritime supplies for foreign vessels in the city of Zhoushan in East Chinas Zhejiang province, hit $2.2 billion in 2019, according to local authorities. Bunker fuel sales contributed $1.7 billion to the annual value

The coronavirus has not impacted US LNG exporter Cheniere Energys long-term contract with PetroChina, a Cheniere official said today. China has not imported any US LNG since April because it has imposed a 25pc tariff on US LNG. PetroChina h

Is it useful to compare the COVID-19 with earlier disease outbreaks? A comparison with the Ebola outbreak in West Africa in 2014 2016 is probably not useful as the Ebola virus has different characteristics and was mostly restricted to small

Second generation intact stability criteria interim guidelines approved. For a ship to be considered seaworthy and safe it must be designed to remain stable and afloat in all conditions, whether intact or damaged. Mandatory criteria and rec

The number of people who have tested positive for the novel coronavirus on a quarantined ship off Japans coast has risen to 355, the countrys health minister said on Sunday. We have conducted tests for 1,219 individuals. Of those, 355 peopl

The coronaviruss effect on energy markets is worsening, as the sharp fall in demand in China, the worlds largest importer of crude, is stranding oil cargoes off the countrys coast and prompting shippers to seek out other Asian destinations.

Chinas container transport for export purposes saw an overall increase in January, according to the Shanghai Shipping Exchange (SSE). The average China Containerized Freight Index (CCFI) rose 10.3 percent month on month to stand at 927.91 l