- The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, climbed to its highest since mid-2010 on Thursday as demand improved for all vessel segments. The Baltic dry index, which tracks ratesxinde marine news2021-04-30 10:01:30
- In the first quarter of 2021 high-sulphur fuel oil (HSFO) has been the only bunker fuel to experience year-on-year growth in Singapore, the worlds largest bunkering hub. HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is hoxinde marine news2021-04-30 09:28:42
- The resurgence of Covid-19 in India has prompted fresh lockdowns across a number of states. While ports, steelmaking plants and refineries are deemed essential businesses and continue to operate, disruptions should be expected in the followxinde marine news2021-04-30 09:21:29
- CMES released its financial results for the first quarter of 2021, during which the company achieved an operating income of 3.596 billion yuan, down 24.81% compared with the same period last year. Net profit attributable to shareholders ofxinde marine news Sarah Yu2021-04-29 16:27:56
- BOMESC Offshore Engineering Company Limited and MODEC Offshore Production Systems (Singapore) Pte. Ltd., a subsidiary of MODEC, Inc., signed an FPSO module design and construction contract. The FPSO, named Anita Garibaldi MV33, will be deplxinde marine news Sarah Yu2021-04-29 15:51:20
- TheToday Show by Nor-Shipping, the new maritime and ocean industries online talk show, has revealed its first guests, with DNB CEO Kjerstin Braathen and DNV counterpart Remi Eriksen heading to the studio for a high level Power Players discuxinde marine news2021-04-29 15:15:37
- Xeneta container rates alert: shippers on the ropes as long-term contracted rates hit highs and EverLong-term contracted ocean freight rates are continuing their dizzying ascent, with a 4.1% climb in April leaving container shipping costs up 21.1% year-on-year, with a rise of 23.5% since December 2020. According to the latest market intelxinde marine news2021-04-29 15:06:48
- On April 28, the unveiling ceremony of the Engineering Management Center, the Future Development Research Center, the Equipment Support Center and the Planning and Development Research Center of CSSC was held in Beijing. Lei Fanpei pointedxinde marine news Sarah Yu2021-04-29 14:41:38
- China has announced the removal of VAT rebates on exports of 146 steel products from May 1, a move the market had been widely anticipating since February. The rebate of 13% of the VAT charged on exports of hot rolled coil, wire rod and rebaPlatts2021-04-29 11:29:15
- In the past year the spikes in the Capesize index have generally been accompanied by some form of ballaster tightness and this rally is no different, however so far it appears the rally is out of proportion to this ballaster deficit. We canxinde marine news2021-04-29 08:47:54
- The announcement comes at a time when pirates continue to wreak havoc in the busy waters of Gulf of Guinea at distances more than 200 nautical miles from Nigeria. The situation has led several EU countries including France, Spain, Italy, Bexinde marine news2021-04-29 08:34:26
- On April 26, Hoegh Autoliners, a Norwegian shipping company, announced the launch of its Aurora series car carrier in an effort to decarbonize the shipping industry. The design of this series of ships will be developed in collaboration withxinde marine news Sarah Yu2021-04-28 16:47:12
- A significant expansion of the setup in China is showing results. In just a few months, Svanehj has landed two major PC pump orders in China. Most recently a contract with GSI Shipyard on a total of 96 deepwell pumps for four new MR Tankersxinde marine news2021-04-28 14:19:45
- Driven by high freight rates and high demand, Evergreen Marine, which will welcome 30 new ships this year, is expected to become a big winner. Evergreen will take delivery of 30 container ships this year, adding 257,800 TEU to its fleet, daxinde marine news Sarah Yu2021-04-28 13:37:58
- On April 27, Hudong Zhonghua, a subsidiary of CSSC, named and delivered the fourth 23000TEU dual-fuel powered container ship CMA CGM Concorde to CMA CGM. This is the seventh ship of the same type delivered by Hudong Zhonghua and Jiangnan Shxinde marine news Sarah Yu2021-04-28 11:21:33