Globus Maritime Limited, a dry bulk shipping company, announcedthat it has signed two contracts for the construction and purchase of two fuel efficient bulk carriers of about 64,000 DWT each. The sister ships will be built at Nantong COSCO

Danish shipping and logistics giant A.P. Moller-Maersk said demand for transport services will surge in Chinas Yangtze River Delta region in the coming weeks, as a growing number of manufacturers in Shanghai have relaunched operations, said

The Baltic Exchanges main sea freight index rose on Thursday, due to higher rates for all vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 100 points, or 3.1%, at 3,28

Asian Shipowners Association (ASA) held its 31st Annual General Meeting online on 19 May 2022. The meeting was hosted by the Korea Shipowners Association (KSA) and attended by representatives from all ASA member associations. The focus of t

The Poseidon Principles are a framework for measuring and publicly reporting the carbon footprint of financial institutions shipping portfolios. With DekaBank as the latest Signatory, the Poseidon Principles are now estimated to cover over

Long-term reefer rates soar to all-time highs on US West Coast to Far East trades According to the latest crowd-sourced data from Xeneta, long-term rates for reefer containers on the key US West Coast to Far East route soared almost 60% in

Chinas first unmanned intelligent scientific researchshipwas launched in Guangzhou, south Chinas Guangdong Province on Wednesday, marking that the building of theships main structure has been completed and the installation and testing phase

Recently, multiple embassy of China have issued the adjustment of requirements for seafarers to China through their WeChat official accounts. The Embassy of the Peoples Republic of China in the United Arab Emirates will no longer require se

This years summer peak season cargo surge will be even more chaotic for global supply chains than the 2021 peak shipping season, according to forwarders, traders and shippers surveyed by Container xChange , a marketplace and technology infr

The Oil Companies International Marine Forum (OCIMF) has published a new study analysing ship-to-ship transfers under varying environmental conditions. Ship-to-Ship (STS) transfer operations take place across different geographies and under

Fabian Kock, Head of Section Environmental Certification, DNV Dr Fabian Kock currently holds the position of Head of Environmental Certification at DNV in Hamburg, Germany. His section offers the following services: certification of marine

H2-Industries and TECHNOLOG Services , a naval architecture company, have joined forces to develop 3D designs for an innovative concept ship that will collect plastic waste that currently blights the worlds oceans and then converts it into

As ambitions to decarbonise international shipping continue to grow, maritime stakeholders are under increasing pressure to prove they are taking significant steps to optimise their operations and cut emissions from ocean-going transport. O

The upcoming Posidonia 2022 Conferencesand Seminars Programme will deep-dive into the crucial issues facing the global maritime community as the world economy tries to concoct antidotes to heal the wounds of the ongoing war in Ukraine and t

As shipowners rush to comply with Energy Efficiency Existing Ship Index (EEXI) requirements, misguided decisions on low friction hull coatings can have far reaching consequences. Jotun has created a tool to calculate the CII of individual v