Dravam, KoiReader Technologies and Teqplay emerged as the top three start- ups at PIER71s 2019 Smart Port Challenge Grand Final. These three start-ups impressed judges with their proposed solution, business model, market opportunity, impact

At 1310hrs today, the Maritime and Port Authority of Singapore (MPA) was informed that a fire broke out onboard the Panama-flagged tanker, HOYU, around 9.7 nautical miles from Pedra Branca at latitude 0125.30N, longitude 10432.48E. The inci

1.Shanghai International Port Group and Huawei Technologies signed a strategic cooperation agreement in Shanghai on November 4 to jointly build a smart port. 2.Shipping company Terntank has placed orders for two LBG/LNG powered tankers at C

Greece is still the worlds largest shipowner in the Mediterranean despite strong competition from China and Japan, according to the United Nations Conference on Trade and Development (UNCTAD) s report on global shipping development 2019. Ch

Despina Panayiotou Theodosiou, co-CEO of Tototheo Maritime, has been re-elected for a second term as Womens International Shipping and Trading Association (WISTA) International President during the associations 39th Annual General Meeting,

Ranked the worlds most competitive economy by World Economic Forum Global Competitiveness Report in October 2019, Singapore appeals for its open economy, strong labour-employer relations, diverse workforce, robust intellectual property prot

As the supporting event of the 2nd China International Import Expo, World Shipping Summit 2019 was held at National Exhibition and Convention Center (Shanghai). Xu lirong, Chairman and Party Secretary of COSCO Shipping Group, delivered a ke

1.Bank of China and ICBC have received approval from Greek banking authorities to set up branches in the country.The two Chinese banks are expected to tap into the growing demand for ship finance in Greece 2.On 5thNovember, the 2nd China In

Recently, Singapore-based bulk carrier owner Dasin Holdings and Cosco Shipping Leasing entered into a sale and leaseback agreement for 8 supramaxes. Cosco shipping leasing has acquired a number of bulk carriers built by Hantong Ship Heavy I

Hong Kong has finally shown its technology mettle with the announcement that OOCL subsidiary, CargoSmart, has successfully completed a proof-of-concept with eTradeConnect, a multi-bank blockchain consortium in Hong Kong facilitated by the H

1.Chinese domestic prices of LNG have surged recently from LNG plants to storage ports, leading to a 53.33% surge from the beginning of October. 2.Qingdao Port successfully completed automatic loading of 7637TEU export container of MSC Zoe

The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a four-month low on Monday, weighed down by easing rates across vessel segments. The Baltic index, which reflects rates for cap

1.Chinese wind power player China Suntien Green Energy is venturing into liquefied natural gas with plans to set up an LNG import facility in north China by the end of 2022. 2.On the afternoon of November 1, 2019, a delegation led by H. E.

In the week ending Nov-1, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 742.8 points, slightly. Download PDF1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source: Ningbo Shipping Ex

Waning Chinese demand and ongoing softness in Europe have outweighed burgeoning Indian imports to maintain pressure on Asian coal prices in the week through. The Pacific basins reference price for high grade (6,000 kcal/kg) Australian coal