The Marine Environment Protection Committee of the International Maritime Organization, at its 79th session, adopted eight MEPC resolutions including Amendments to MARPOL Annexes I, II and IV (MEPC.359(79)), Amendments to MARPOL Annex V (ME

Washington, Brussels and Singapore, 30 May 2023. The Methanol Institute (MI) has published the first comprehensive guide to methanol as a marine fuel. As the shipping industry continues its transition towards net carbon neutral operations,

OnMay 26, China State Shipbuilding Corporationannounced that its wholly-owned subsidiary Shanghai Waigaoqiao Shipbuildingplans to acquire 34.97% of Shandong ShippingCorporation for 4.7 billion yuan and become its second largest shareholder.

[Photo/WeChat account: Shandong-Port] Shandong Port Overseas Development Group, a subsidiary of Shandong Port Group (SPG), signed a cooperative agreement with Abu Dhabi Port Group on May 18. According to the agreement, both sides will work

The Shanghai Shipping Exchange (SSE) recently released the Global (Main Trades) Carrier Alliance Schedule Reliability Index for April. The schedule reliability of operation efficiency of COSCO SHIPPING Lines and OOCL, which are brands under

To ensure safe navigationand improve navigational environment along Fujian coastal waters, Fujian MSA has released thenotice of adjusting the recommended routes along the coastal water to all vessels. The adjustments include innerroutes, mi

An Expert Workshop on acomparative analysis of candidate mid-term GHG reduction measuresto further support IMOs considerations of candidate measures to reduce greenhouse gas (GHG) emissionstook place at IMO Headquarters in London on 25 and

[Photo:Eni] Rome-Genoa, 29 May 2023 -RINA, an international company specialising in inspection, certification and engineering consultancy, and Eni have signed an agreement to jointly develop initiatives that can contribute to the energy tra

Hamburg, 29 May 2023:With Germany recording a recession this year, the demand for goods is expected to slow down in the coming peak season, contributing to a global trade slowdown. The further decline in consumer spending in the coming mont

Most routes fluctuate steadily, and freight rates of the India and Pakistan route continue to rise Ningbo Containerized Freight Index: In the week ending May-26, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (

A mass of orders for 82000DWT bulk carrier Recently, shipowners ordered massive 82000DWT bulk carriers. According to the official news, Qingdao Shipyard Co., Ltd.has signed an order with Seatankers Group of Norways John Fredricksenrecentlyt

On May 26, 2023, China Merchants Energy Shipping signed two construction contracts for two 175,000m3 largeLNG carriers and two 115,000dwt Aframax crudetankerswith Dalian ShipbuildingIndustry and China Shipbuilding Trading. The LNG carrier s

Shri Sarbananda Sonowal, Union Cabinet Minister for Ports Shipping Waterways and Minister of Ayush visited Indian Register of Shipping Head Office at Mumbai on 25th May 2023 and reviewed the work being undertaken by the organisation. Honble

CARLSBAD, Calif., and LONDON, May 25, 2023   Viasat Inc . , a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced that the European Commission (EC) uncondit

Capesize The capes started the week off at a relatively sluggish pace in both the Atlantic and Pacific regions. However, over the course of the week, there was a considerable uptick in the level of activity. We had all the three majors fixi