Governments must use the upcoming meeting of the Intersessional Working Group on Greenhouse Gases (ISWG-GHG-14) to support stronger science-based climate targets for 2030 and 2040 that are vital for shippings energy transition, according to

Oslo,Norway, 28 March2023.DNV has enhanced its Alternative Fuels Insight (AFI) data platform as part of an effort to accelerate the decarbonization of shipping. The upgrade includes the addition of new fuel types, improved fuel price monito

The 47th session of the International Maritime Organizations (IMO) Facilitation Committee (FAL) was held in London at the IMO headquarters on 13-17 March. A BIMCO delegation was present with the aim to raise awareness of the importance of d

On 25 March (Saturday), the Hong Kong Seaport Alliance (HKSPA) welcomed the OOCL SPAIN, one of the largest container vessels in the world with a capacity of 24,188 teu, on her maiden voyage. The vessel berthed at HKSPA member Modern Termina

Nor-Shipping is partnering with Ocean Hyway Cluster and Maritime CleanTech to deliver The Second Nor-Shipping Hydrogen Conference on 7 June. The event, taking place at Nor-Shippings main exhibition halls in Lillestrm, will feature experts p

Rongsheng Petrochemical Co., Ltd. reached a strategic cooperation with Saudi Aramco, one of the worlds leading integrated energy and chemical companies, and signed a number of agreements, including Saudi Aramco The acquisition agreement to

Shipping companies are facing an added concern with the increasing demand for electric vehicles. Fires onboard vessels can have catastrophic consequences, and battery fires are extra potent and dangerous. Li-ion batteries generate extreme h

The freight rate of many routes rose, and the increase of the composite index expanded Ningbo Containerized Freight Index: In the week ending Mar-24, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes

The Baltic Exchanges main sea freight index, tracking rates for ships carrying dry bulk commodities fell on Monday, pressured by lower shipping rates for all vessel segments. The overall index, which factors in rates for capesize, panamax a

SVBs collapse and continued increased lay-off of jobs in the USA could have a negative impact on consumer markets. Fortunately, Chinas consumers rebounded back after the release of all covid restrictions, especially since a new government w

CSSC announced on March 24 that its holding subsidiary Guangzhou Shipyard International intends to acquire 51% of the equity of GSI ZhongshanShipping Marine Engineeringheld by CSSC Investment and Development, with a purchase price of 702 mi

COSCO and SHI have received the worlds first D-INF(S) type approvals from DNV for their data collection systems. The D-INF rules provide guidelines for the design, construction, and maintenance of a ships data infrastructure. By implementin

Revolutionizing Container Shipping with Advanced IoT Sensors and Cloud-based Technology Indonesias leading shipping company, Meratus, has unveiled its latest innovation, SMARCO-Smart Container, to meet the growing demand for more efficient

HONG KONG, Mar 27, 2023 - (ACN Newswire) - Chu Kong Shipping Enterprises (Group) Company Limited announced its annual results for the year ended 31 December 2022. During the Year, benefited from the improved profitability of its terminal lo

Green and low-carbon transition is one of the hot topics at the China Development Forum (CDF) 2023. Vincent Clerc, CEO of Danish shipping giant Maersk, said the company will no longer order any ships running on traditional carbon-based fuel