Hong Kong-based Orient Overseas Container Line issued a note to its customers on 31 July informing them that it will strengthen the companys Dangerous Cargo acceptance and container inspection policy. Henceforth OOCL will impose additional

China National Petroleum Corp has pledged to come up with more than 100 million metric tons of equivalent equity production of oil and gas from abroad by 2020, especially in markets in Central Asia, Russia, the Middle East and Africa. The o

There have been recent reports of a fatality at a shipbreaking yard in Bangladesh. A worker sadly lost his life having accidentally fallen while scrapping a container ship. Evergreen wishes to express sympathy for this loss of life and for

1.Classification society, Bureau Veritias (BV) has been approved by the China Maritime Safety Administration to operate in international ship registration inspection and classification services in Chinese free trade zones. 2.An average 5% i

The Singapore Shipping Association (SSA)the industry voice of Singapores maritime communitytoday organized its inaugural Tech and Demo Day, during which it announced the formation of a new Digital Transformation Committee. The association s

Global, sector-focused law firm HFW has hired Christopher Jones, a renowned former shipbroker with almost 50 years experience in the shipping industry. Chris will join the firm on 1 August as a Consultant in our Singapore offices Shipping p

Most voyage charterparties make the commencement of laytime conditional on the tender of a valid notice of readiness. If the notice is invalid, then in the absence of a waiver by charterers laytime will not commence at all, even if the char

Duringthe process of using ECDIS installed onboard, there are lots of questions and doubts raised by the mariner, this may cause confuse when PSC inspection and vetting are being carried out on the ship. Especially, when ECDIS software upgra

Really Bad or Really Good In recent years, Chinas shipbuilding capacity has been continuously reducing due to the bankruptcy and conversion. The reduction of shipbuilding capacity (supply) does not result in a price going up but going down,

1.Recently, Shenzhen Maritime Safety Administration issued first electronic certificate for seafarers, marking that Shenzhen seafarers certificate took the lead into the electronic era. 2.Chinas Shandong province has officially set up Shand

Drewry has downgraded its forecast for throughput growth in 2019 as outside risks mount. CONT port throughput growth is expected to continue its softening trend in 2019, as the industry comes to grips with numerous headwinds. Whether trade

Further to our Alert of 17 July 2019, the Tokyo and the Paris MoUs issued a joint press release on 27 July 2019 outlining the focus areas for the upcoming concentrated inspection campaign starting on 1 September 2019 and released the questi

The Hong Kong Seaport Alliance (HKSPA) today welcomed OOCL HONG KONG, one of the worlds largest container vessels, on its maiden call to Hong Kong at the HKSPAs facilities at Terminal 8. The vessel, together with ten other mega vessels from

1.China saw an overall growth in cargo throughput at ports in the first half of 2019, according to official data released Sunday. 2.Chinese oil and gas company Jereh has been contracted to build 10 LNG fueling stations in Russia, which is b

Halfway through 2019, the bustling market is still full of noise. The mood of shipowners and shipyards fluctuates with various statistics and indexes. Due to the sharp decline of the BDI index at the end of 2018 and the beginning of 2019, t