Spot rates for shipping containers from Asia to northern Europe in the week ending Friday dropped 0.9 per cent to US$970 per TEU, according to the Shanghai Containerised Freight Index (SCFI). The rates on the Asia-Mediterranean trade were v

A direct sea freight route opened on Saturday between Taiwans Kaohsiung and Pingtan in Fujian province, drastically shortening shipping times for fresh farm produce from the island to mainland markets. In the past, shipments from Kaohsiung

The oil and gas industry achieved a net production increase of 164bn cubic metres (bcm), which represents the highest production growth since 2010, according to research by Rystad Energy. Year-on-year growth was clearly driven by North Amer

Looking Back 2018 saw a sea-change in attitudes and actions towards Liquefied Natural Gas (LNG) as a marine fuel. By March, of the 94 cruise ships on the global order-book, 18 under construction were LNG-powered. This represented 20% of all

I think, in many ways, the report shows an encouraging trend, that bulk terminals generally perform well - only four reports were rated as poor, says Aron Sorensen, Head of Maritime Technology and Regulation at BIMCO. The reports show that

The shipping industry is rapidly reaching a point of no return: Emission limits and, in the more distant future, complete decarbonization will change ship operation dramatically. The question is: How should container ships be built today? T

Navis, a part of Cargotec Corporation, and the provider of operational technologies and services that unlock greater performance and efficiency for the worlds leading organizations across the shipping supply chain, announced that Jintang In

1.COSCO SHIPPING Ports Limited today announced that the Company has signed official agreement with PSA Corporation Limited (PSA) for the addition of two new berths at the COSCO-PSA Terminal (COSCO PSA Terminal or CPT) in Boao, Hainan. 2.Acc

The definition of laid up used in this context: Estimating the number of vessels in layup is an imperfect science, however, using a big data approach VesselsValue can provide a valid estimation using the following methodology. VV observes t

1.During a maritime safety seminar held by Hong Kong Marine Department yesterday, the department proposed to set up four ship speed limit areas each at Tai Po and Sai Kung, adding to 21 existing speed limit areas. 2.Chinas Ningbo-Zhoushan p

IF there was ever a year when the outlook for reliability in the international logistics system was more clouded, 2019 and into 2020 would take the prize. It could be quite a ride. In the ocean container space, certain things have changed t

1.BIMCO, CLIA, ICS, Intercargo, InterManager, INTERTANKO, IUMI, OCIMF and World Shipping Council have produced the 2018 (Ver 3) Guidelines on Cyber Security onboard ships which are attached for members reference. 2.Zhejiang province in east

We believe that the industrys supply-demand balance will benefit from a reduced appetite for Ultra Large Container Vessels (ULCVs) among the major carriers, some of which now have their eyes fixed on a bigger prize of becoming global logist

In view of the growth potential in Latin American trade, Evergreen Line is continuing to establish its own offices at main service locations in the region. The move will strengthen the effectiveness of the lines operations, improve its capa

Hong Kong has long been a prime candidate for a terminal alliance, Drewrys senior analyst for Ports Terminals has said following the formation of the Hong Kong Seaport Alliance. Speaking to Port Strategy after the announcement of the allian