iconsys, the Telford UK based automation and industrial drive systems specialist, is ramping up its operations in the maritime industry with the appointment of Tim Munn as consultant for business development in marine and ports. Married fat

On March 19, Yang Ming Marine announced its earnings report for January, showing that its revenue for the month hit a new record, and its profit increased nearly 30 times compared with the same period last year. The total revenue of the fir

The Baltic Exchanges main sea freight index tracking rates for ships ferrying dry bulk commodities scaled an over one-year peak on Monday, propelled by higher rates across vessel segments, with panamax rates touching an over 10-year high. T

Chinas deliveries of North Sea crude are expected to hit a record this month, helping to offset tepid demand from European markets that remain subdued by COVID-19 lockdowns, according to market sources and an SP Global Platts analysis of sh

After months of crippling shortages, container availability is finally improving again in China, according to Container xChanges Container Availability Index (Cax). The CAx reading of incoming containers across Chinese main ports is current

At the first annual meeting of the Sea Cargo Charter Association on 11 March 2021, 13 members were elected to the Steering Committee to coordinate the Association on behalf of its members. The Sea Cargo Charter provides a global framework f

Telenor Maritime believes its new platform can help facilitate the digitalisation of the shipping industry, with secure, reliable and cost-effective sharing of data right across the globe. CEO Lars Erik Lune sees a new wave of connectivity

Guangzhou Shipyard International,a subsidiary of CSSC,and the Guangdong Institute of Intelligent Unmanned System signed on Saturday a contract to build Chinas largest comprehensive maritime scientific research ship in Guangzhou, South China

Transportation demand gradually recovered, and freight rates fluctuated slightly Ningbo Containerized Freight Index: In the week ending Mar-19, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2014.

The Brazilian weather has had a significant impact on dry commodity exports so far this year. Seasonally dry weather in key iron ore mining exporting regions supported export levels in January and early February. However, rainfall since ear

After ZPMCs president resigned, Zhu Lianyu, ZPMCs chairman, also resigned. Both positions were held by Liu Chengyun,Assistant General Manager of CCCC and secretary of the party committee ofZPMC. On March 19, Shanghai Zhenhua Heavy Industrie

Strategic Marine (S) Pte Ltd has secured a contract to build two 42m Fast Crew Boats (FCB) for Centus Marine Sdn Bhd. This is the fifth and sixth vessel built by Strategic Marine for Centus Marine and follows the delivery of a 40m FCB in Fe

Capturing CO2 In some ways, EU carbon prices could be viewed as a barometer of mounting environmental pressure not just within Europe but on a global scale. Recently, EU emissions trading scheme (ETS) credits have surged to record levels, t

Forward Freight Agreements will play a key role in an increasingly volatile LNG market, says leading shipbrokers Simpson Spence Young [SSY]. Intercontinental Exchange [ICE] - an operator of global exchanges and clearing houses, has launched

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nat