Today sees the launch of a landmark Code of Conduct and self-assessment tool developed to protect the human rights and welfare of the worlds nearly two million seafarers. The initiative aims to support a safe, healthy and secure onboard wor

Dalian Shipbuilding Industry, a subsidiary of CSSC, signed a contract with Norways Northern Lights to build two 7,500m3 liquefied CO₂ carriers. This project is the worlds first 7,500m3 liquefied CO₂ carrier. It is currently known to be

Thanks to the persistently high freight rates in the container shipping market, Evergreen Lines revenue in September hit the second highest in history. The third-quarter performance broke the 100 billion yuan for the first time and set a ne

CIMC Enric and CNOOC signed a LNG purchase and sales agreement for the bunkering and gas supply service of LNG-powered ships in Guangdong Province. Through the signing of this agreement, CNOOC will be responsible for the gas supply guarante

Inchcape Shipping Services has opened a new office in Frederikshavn that will enable it to offer a comprehensive package of services to ships calling in Denmark. The opening of the office, staffed by an experienced and knowledgeable team wi

The future of sustainable maritime activity will be under the spotlight at Nor-Shipping 2022, taking place 10-13 January. With increasing industry and regulatory focus on decarbonisation, emerging energy solutions and accessing the oceans r

Ningbo Containerized Freight Index Weekly Commentary (10.2-10.8） Ningbo Containerized Freight Index: In the week ending Oct-8, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 4092.0 points, sligh

The Baltic Exchanges dry bulk sea freight index slipped on Monday as a decline in capesize rates offset gains in smaller vessel segments, although the main index held close to a 13-year high. The overall index, which factors in rates for ca

MarineMax Received a Sitecore Experience Award Honorable Mention for their Online Experience ~ MarineMax announced receiving a Sitecore Experience Award (SEA) honorable mention in the Phy-gital category for its work with Sagepath, a digital

U-Ming, SWS and Jotun have signed commercial agreement for the groundbreaking Jotun Hull Skating Solutions (HSS) for U-Mings 190,000 dwt dual fuel bulk carrier newbuilding project at Shanghai Waigaoqiao Shipyard (SWS) in Shanghai, China. Th

On October 9, Dalian Shipbuilding Industry,China Shipbuilding Trading and China Merchants Energy Shipping signed a contract to build a 115,000DWT crude carrier. The 115,000DWT crude carrier signed this time is a new Aframax tanker independe

ARIES GROUP expanded their survey and Inspections portfolio to Underwater by launching an exclusive facility in UAE for Diving services and ROV Surveys. Mr. Sultan Saif Sultan Al Samahi, Member of Board of Directors Fujairah Chamber of Comm

Some routes cut prices to stock up, and the composite index began to fall Ningbo Containerized Freight Index: In the week ending Oct-1, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 4112.4 points

In a quarter, COSCO SHIPPING Holdings made more than 30 billion yuan, and it once again demonstrated its super earning ability. Throughout the first three quarters, COSCO SHIPPING Holdings expects a profit of approximately 67.6 billion yuan

Commodity prices are surging around the globe, so it should come as no surprise: Marine fuel is getting a lot more expensive. Thats bad news for ship operators on the cost side, and, in the container business, yet another headache for cargo