Smart devices have the potential to radically transform the utility and value of shipping container equipment assets, according to Drewrys latest Container Census Leasing Annual Review Forecast 2019/20 report. Smart containers have increase

Global oil consumption has stalled since the middle of 2018, making lower oil prices inevitable despite the best efforts of Saudi Arabia and its allies to reduce production. The worlds top 18 oil-consuming countries, each using more than 1

The Baltic Exchanges main sea freight index fell on Tuesday, breaking a 10-day winning streak as rates for capesize vessels eased, while the sentiment still remained positive on the outlook for higher iron ore shipments. The Baltic index, w

Chinas crude oil futures settled higher on Tuesday. The most active contract for September 2019 delivery increased 1.75 percent to 436.8 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first

The Abu Dhabi National Oil Company (ADNOC) signed a strategic framework agreement with the China National Offshore Oil Corporation (CNOOC) that includes cooperation on LNG. The deal was confirmed by ADNOC through its social media channels,

On 22 July 2019 the master of Korea-registered bulk carrier CK Bluebell reported that about 0325hrs (LT), seven perpetrators armed with guns and knives boarded the ship while she was underway in South China Sea, at approximately 28nm west o

There is no easy way to abandon ship, writes Dag Pike. The author is one of the most experienced navigators in the world and speaks from experience, having been shipwrecked twice in the Atlantic. Taking to the boats, getting away from a str

Saudi Arabia has acceded to two important IMO treaties the 1988 Protocol to the International Convention on Load Lines and the Nairobi International Convention on the Removal of Wrecks. The 1988 Load Lines protocol harmonizes the Load Lines

If you are one of those extremely carefree vagabond mariners who live out of a suitcase, then you would not want to read this article. However, if you one of those smart mariners who plan and execute their and their loved ones lives in orde

Heerema Marine Contractors has signed a new contract to support the construction of a wind farm project, this time in Taiwan. Assigned by the Taiwan branch of Jan de Nul, Heerema will take on the installation of 21 jacket foundations (4 leg

Oil traders are chartering more ships and snapping up fuel oil storage tanks in and around Singapore, the worlds top bunkering port, to stock up cleaner fuel that will meet new shipping rules coming into force next year, industry sources sa

The International Chamber of Shipping (ICS) has expressed its concern over the developing situation in the Gulf, following the seizure of the British-flagged tanker, Stena Impero, by the Iranian Revolutionary Guard in the Strait of Hormuz o

1.Chinas accomplished shipbuilding output in the first half of this year stood at 19.66 million deadweight tonnes, up 4.2 percent year on year, according to the Ministry of Industry and Information Technology. 2.Russian natural gas producer

The recent attacks on merchant vessels in the vicinity of the Straits of Hormuz and the Gulf of Oman, culminating in the boarding and detainment of a UK flagged tanker at the end of last week, have prompted the United States (US) Central Co

Chinas accomplished shipbuilding output in the first half of this year stood at 19.66 million deadweight tonnes, up 4.2 percent year on year, according to the Ministry of Industry and Information Technology. Over the same period, China rece