In March 2023 Chinas economic recovery caused a pick-up in capesize freight rates and in sale and purchase activity for this ship type. As a result, five-year-old second-hand prices rallied 22% m/m, reaching USD 54 million by the end of the

Lloyds Register has acquired a 50% interest in ISF Watchkeeper, the leading work and rest hours compliance software solution from IT Energy Systems and Consulting Limited. The acquisition will result in LR becoming a joint owner of ISF Watc

Analysis of Xenetas Carbon Emissions Index (CEI) has revealed that Yang Ming is the container industrys emission hero for all relevant CEI-covered trades in Q4 2022. The Taiwanese giant was the industrys only major player to score below the

This aerial photo taken on Nov. 5, 2022 shows a view of the Yangpu international container terminal in the Yangpu Economic Development Zone, south Chinas Hainan Province.(Xinhua/Pu Xiaoxu) SHANGHAI, April 2 (Xinhua) -- Chinas index of expor

Carriers strictly controlled shipping capacity, and the composite index continued to rise Ningbo Containerized Freight Index: In the week ending Mar-31, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quo

Photo taken on Nov 3, 2022 shows the Qinzhou Port in Qinzhou, South Chinas Guangxi Zhuang autonomous region. [Photo/Xinhua] NANNING -- A total of 191,000 TEU (20-foot equivalent unit) containers have been transported by rail-sea intermodal

The worlds largest containership, HMM GDANSK, called at the port of Xiamen in east Chinas Fujian Province on July 7, 2020. [Photo: Xinhua] East Chinas Fujian Province-based international shipping association Silk Road Maritime on Thursday u

FLEET managing director, Kishore Rajvanshy[Photo Source:Hong Kong Maritime Hub] Hong Kongs Fleet Management has today joined with American Bureau of Shipping, A.P. Moller Maersk, Fleet Management Limited, Georgia Ports Authority, Maersk Mc-

A cargo ship is ready to load cars for export at Yantai Port in Shandong province on March 14.TANG KE/FOR CHINA DAILY Edge in electrification, respect for local demands prove big game-changers Made-in-China vehicles are gaining overseas pop

Photo Source: Network China International Marine Containers (CIMC) chairman and CEO Mai Boliang expects demand for new containers to be muted, at just 20% of that in conventional years. The head of the worlds largest container manufacturer

FILE PHOTO: An aerial view shows containers and cargo vessels at the Qingdao port in Shandong province, China May 9, 2022. China Daily via REUTERS LONDON (Reuters) - Shipping group NORDEN has acquired larger capesize dry bulk ships, aiming

The International Group of PI Clubs launches second safety animation to help prevent injuries and loss of life during mooring operations. Seafarers and shore personnel continue to be injured or killed during mooring operations. In the five

When today the MF Hydra is put into operation running on zero-emission hydrogen, this is groundbreaking in several ways. In addition to the major technology development, a great deal of work has also been done to develop rules and regulatio

Clarkson Researchssix monthlyoutlookfor the shipping markets,Shipping Review Outlook,hastodaybeen releasedand is available onShipping Intelligence Network. Summarisingthe review, Steve Gordon, Managing Director of Clarksons Research comment

The European Commission decided today to continue to recognise the Philippines training and certification system. ECSA and ICS welcome this positive development, as Filipino seafarers play a central role in global shipping and in keeping tr