The 34th Interim Meeting of ASA SPC was held online on 18 April 2022 due to precautionary measures against COVID-19. The meeting was chaired by Mr Keiji Tomoda, Vice President of the Japanese Shipowners Association and participated in by 24

Market performance was relative soft, and the composite index fell slightly Ningbo Containerized Freight Index: In the week ending Apr-22, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 3387.7 poi

Shanghai has taken a string of measures to ensure smooth transportation of containers and supplies of main energy since the resurgence of COVID-19 in the city. Shanghai shifted from road to water transportation together with otherports in t

Chinas foreign trade grew well in the first quarter－up 10.7 percent year-on-year to 9.42 trillion yuan ($1.48 trillion)－but factors like weakening overseas demand dont bode well. In fact, they already have had a downward pressure on exp

Chinas waterway freight volume rose 5.2 percent year-on-year in the first quarter (Q1) of the year, data from the Ministry of Transport showed. More than 1.93 billion tons of waterway cargo were transported in the period, according to the m

China remained the worlds leading shipbuilder in the first quarter of the year, taking up nearly half of the international market share in terms of output and new and holding orders, data from the Ministry of Industry and Information Techno

The Baltic Exchanges dry bulk sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to a more than two-week high on Thursday, driven by gains in the capesize segment. * The overall index, which factors in rates

Where Barrels Go It has been almost two months since Russia invaded Ukraine. Over this period, we have seen several rounds of sanctions being placed by Western governments. Most notably for our sector, Russian crude/oil products trade into

A screen capture of SeaTrust-Frame 3D in action Korean Register (KR) has launched SeaTrust-Frame3D, a grillage structure evaluation software for ships. SeaTrust-Frame3D enables a complicated ship structure to be simply modelled by represent

Heres a wild fact Id never heard: Biofouling on ship hulls increases fuel consumption around 15% on average. The term specifically refers to a build-up of microorganisms and other life. That includes a wide range of different creatures, lik

Shell Marine announced that it has received a full No Objection Letter (NOL) from MAN Energy Solutions (MAN ES) for Shell Alexia 40 XC, its Category II (CAT II) 40BN cylinder oil, confirming the successful completion of the full approval pr

As the climate emergency impacts every corner of the world, the basic human necessity of access to fresh water is one of the most urgent challenges facing the planet. While land-based desalination plants have been built all over the world i

World-leading coatings company, Hempel A/S, has successfully amended the companys credit facilities, linking borrowing costs to four sustainability targets. This Earth Day, Hempel is Investing in our planet and announces amendments of its E

New LiveFleet tool offers greater transparency of ship s performance and generates cost savings Bernhard Schulte Shipmanagement (BSM) makes further progress in the digitalisation of its fleet management. Building on the success of its exist

Updates to detection levels and effects on machinery encountered Since the last alert ( BF202203-02 ) dated 15-March-2022 on High Sulphur Bunker fuels contaminated with chlorinated organic compounds, CTI-Maritec has kept a close watch on th