The Baltic exchanges main sea freight index fell for a fourth consecutive session on Monday, dragged lower by a dip in rates for capesize and panamax vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supram

In 2020, 135 crew were kidnapped from their ships globally, with the Gulf of Guinea accounting for over 95% of the crew numbers kidnapped. This has happened in international waters in an area less than 20% of the size of the sea area domina

Background On April 29, 2020,Law of the Peoples Republic of China on Prevention and Control of Environmental Pollution by Solid Waste(hereinafter referred to as the Law) was revised by the Standing Committee of the National Peoples Congress

1. Three major shipbuilding indexes From January to April 2021, Chinas completed shipbuilding capacity reached 12.81 million dwt, up 16.6% year on year, of which sea-going ships reached 3.31 million GT. New orders for ships totaled 27.87 mi

On May 15, Ningbo Marine Company Limited issued an announcement regarding the exercise of the option to order a 49,800 dwt bulk carrier. On December 30, 2020, Ningbo Marine Company Limited and China Merchants Jinling Shipyard (Nanjing) sign

The second round of price increases on the European and American lines, and the composite index rose sharply Ningbo Containerized Freight Index: In the week ending May-14, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping

Cyber Threat Friday 7th saw the unexpected closure of the 8,851km Colonial Pipeline linking US Gulf Coast (USG) PADD3 refineries with PADD 1 facilities along the Atlantic coast following a cyber-attack. With an average capacity of 2.5mbpd i

Danfoss Editron and the Ship and Ocean Industries RD Center (SOIC) have partnered to launch the Green Energy Application Development Center (GEADC) in Taiwan. The new center will enable both companies to enhance their expertise in developin

Situation of Piracy and Sea Robbery in Asia in April 2021 ReCAAP ISC released today its April Report and presentation slides on the situation of piracy and sea robbery in Asia. In April 2021,seven incidents of armed robbery against shipswer

ABS has published industry-leading guidance evaluating a range of shipboard propulsion and power generation technologies with the potential to contribute to shippings sustainability goals. The ABS Advisory on Decarbonization Applications fo

On May 12, COSCO SHIPPING Specialized Carriers and Stora Enso, a Finnish customer, held an online cloud signing ceremony. At the ceremony, the two sides signed a three-year COA contract for pulp bulk transportation and a framework agreement

Saint-Sulpice, Switzerland May 14 Daphne Technology, a climate tech start-up which has designed and patented proven solutions to reduce air and sea pollution for ships, has partnered with Crowdcube, the worlds largest equity crowdfunding pl

On May 12, New Times Shipbuilding held the ship signing and delivery ceremony. The 68# 156,500 dwt oil tanker was delivered to the Greek shipowner NGM for operation. The total length of the tanker is 274.3 meters, the width of the tanker is

On May 13, 2021, Nanjing Shenghang Shipping was officially listed on the main board of Shenzhen Stock Exchange. Shenghang Shipping is one of the leading liquid chemicals shipping enterprises in China, mainly engaged in the domestic coastal,

The Baltic exchanges main sea freight index fell to a near two-week low on Thursday pressured by a decline in capesize and panamax vessel rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dr