The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Tuesday as capesize rates touched their highest level in over a year. The Baltic dry index, which tracks rates for capesize,

The Egyptian Suez Canal Authority (SCA) denied, Monday circulated reports on arresting any of EVER GIVEN crew members SCA head admiral Osama Rabie said in a statement that the authority does not object the leaving or replacing of any of the

During a 10-day operation called Jangkar Haram, Malaysia clamped on illegal anchoring in its waters. The ships involved have either been warned and ordered to leave or detained and fined. BIMCO recommends Masters to take extra precaution an

On April 26, Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation, signed for the delivery of Evergreens second 2,500 TEU feeder container ship EVER OCEAN. It is also the fifth ship delivered by the company this year. Thi

On April 26, ZhongGu Logistics announced that it plans to sell four container ships to large international container liner companies at a total price of $128 million to $135 million. The four container ships to be sold by the company, Zhong

The Baltic Exchanges main sea freight index on Monday drifted up to its highest since September 2010, as an uptick in rates for the larger capesize segment offset a drop in panamax vessel demand. The Baltic dry index, which tracks rates for

In March 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 163.83 points,up 33.70% year-on-year; the export trade index was 167.18 points,an increase of

On April 23, Mr. Ersin Eren, Director of North Asia Operations of BV Classification Society, presented the FGSS-Fuel Gas Supply System AIP certificate to CIMC Raffles on behalf of BV Classification Society. FGSS is an independent natural ga

On April 23, the 10th 208,000 DWT bulk carrier built by Yangzijiang Shipbuilding for CDB Leasing was successfully christened and delivered. The new ship, was christened CL BAISE, the ship left the shipyard for its maiden voyage on April 24.

Leading flag administration, Panama Maritime Authority has authorised Indian Register of Shipping (IRClass), an international ship classification society,to conduct specific surveys through remote inspection techniques. As the maritime worl

On April 23, Shanghai Waigaoqiao Shipbuilding, a subsidiary of CSSC, and China Shipbuilding Trading signed a contract with Singapores Sea Consortium for the construction of four 7,000TEU container ships. Singapores Sea Consortium is a subsi

Greek officials say they want to boost investment from China to help the countrys economy recover from the COVID-19 pandemic. An online summit on Thursday brought together businesses from the two nations as Athens looks to play a bigger rol

Chinas index of export container transport went up in the past week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 1,903.5, up 2.7 percent from a week earlier, accor

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line on a quarterly basis. This announcement sets out the unaudited operational

Indonesia－Indonesias military on Sunday officially acknowledged there was no hope of finding survivors from a submarine that sank and broke apart last week with 53 crew members aboard, and said search teams had located the vessels wreckag