The Black Sea Grain Initiative that allowed grain products to be shipped from Ukrainian Black Sea portshas now ended. Our article focuses on what that means for owners and charterers contractual obligations. There have been many development

[Photo/Xinhua] NANNING Recently, a container ship loaded with shrimp slices, melons and aquatic products departed from the seaport of Muara in Brunei to Qinzhou Port in South Chinas Guangxi Zhuang autonomous region, with the cargo to be del

Introduction In the first half of 2023, 114 vessels were sold for scrap, a 73% increase over the same period in 2022. 51 tankers were scrapped, accounting for 44.7% of all cargo vessel demolition in the first half of 2023. The rising scrapp

Singapore, 10 August 2023 -Pavilion Energy and CNOOC Gas and Power Group have successfully concluded their inaugural Ship-to-Ship (STS) LNG bunkering operation to Maran Dione, Maran Tankers Management (MTM)s new-built dual-fuel (DF) very la

The latest Seafarers Happiness Index (SHI) report for Quarter 2, 2023, reveals a further decline in overall happiness reported by participating seafarers. The survey is an initiative led by The Mission to Seafarers, conducted in association

Carrier Transicold has signed an agreement with the Telangana State Trade Promotion Corporation (TSTPC) to advance cold chain development and training in India. This aims to support Carriers focus on expanding the cold chain, which can help

Simpson Spence Young (SSY), the worlds largest independent shipbroker, has today announced the appointment of Jarl Magnus Berge to the role of Global Head of Finance, effective from 14th August 2023. Jarl Magnus A finance specialist with ov

Spot rates for containerized ocean freight have climbed across three leading Far East export corridors after the latest round of General Rate Increases (GRIs) from carriers. The news, revealed by Oslos Xeneta, provides welcome relief for a

Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEU in 2023, beating the previous record by 0.2 million TEU. As recycling of ships has remained low, the fleet capacity has

[Photo: CHI (Dalian)] On August 8, COSCO SHIPPING Heavy Industry (Dalian), a subsidiary of COSCO SHIPPING Heavy Industry, named and deliveredthe 68,000 dwt multi-purpose pulp carrier No. 2 Green Kotka to CMB Financial Leasing, and officiall

AMSA has released its National Compliance Plan (NCP) for 2023-24, detailing the focus areas of its compliance activities over the next 12 months as the national safety regulator for domestic commercial vessels, regulated Australian and fore

Together with Joint-Venture partner Socatra of France, Hafnia has concluded an order for four 49,800 deadweight dual-fuel Methanol Chemical IMOII Medium-Range (MR) Newbuilds, constructed out of Guangzhou Shipyard International (GSI), in Chi

[Photo: MarineTraffic] Chinas Guangzhou Gas newly built 1 million mt/year Nansha LNG terminal has kicked off its operations under phase 1 after receiving the first cargo Aug. 8, an official with the company told SP Global Commodity Insights

Nuclear solutions will play an essential role in maritimes fast-paced journey towards decarbonisation and net zero, said Mikal Be, Chairman and CEO of CORE POWER. It simply will not happen without it, he stated. Speaking in the first of a s

Maritime administration personnel, shipowners and operators can get to grips with the Energy Efficiency eXisting Ship Index (EEXI) through a new series of videos. The films, developed by the Global Industry Alliance to Support Low Carbon Sh