The UK has just passed new legislation in the form of the Electronic Trade Documents Act 2023, which is set to come into force on 20 September this year. This represents the most significant piece of English legislation affecting bills of l

Wrtsil has awarded Damen Marine Components (DMC) a contract to provide steering equipment to two Landing Platform Docks (LPD) of the Chilean Navy being built at ASMAR. DMC is supplying a range of energy efficient equipment to the vessels, w

Maersk and Hong Lam Marine Pte Ltd have successfully conducted the worlds first ship-to-containership methanol bunkering operation of a Maersks container vessel on 27 July 2023 at the Raffles Reserved Anchorage in Singapore, with the suppor

The Baltic Exchange has been working closely with the Clearing Houses (CCPs) EEX and SGX to transition open interest settled on its discontinued Panamax 4TC (P4TC) index to its P5TC index. SGX and EEX will suspend their P4TC 2028 calendars,

Chinasshipbuilding industry saw strong performance in the first six months of 2023, accounting for more than 70 percent of international market shares, said officials on Tuesday. According to the data released by Chinas Association of the N

On July 25, 2023, the 1,900TEU container ship PANAY (H2409) built by CSSC Huangpu Wenchong Shipbuildingwas successfully delivered to BRIESE, 37 days ahead of the contract. The shipPANAYhas the characteristics of low fuel consumption, large

JAKARTA, INDONESIA, 27July 2023 PT Bumi Pratiwi Hulu Energi (Prima Energi), an Indonesian-based upstream oil company, has acquired full ownership of the Northwest Natuna PSC (Production Sharing Contract) via its purchase of AWE (AAL) NZ Lim

In the first half of this year, Shandong Port Group (SPG) witnessed a year-on-year increase of 7.7 percent and 11.4 percentin its cargo throughput and container volume respectively. During the same period, its sea-rail combined transportati

The Fortune Plus APP released the 2023 Fortune China 500 list on July 25, Beijing time. This year, the list uses the same methodology as the Fortune Global 500 and includes both listed and unlisted companies. Based on this list and its data

Paris July 26, 2023. GTT announces that it has received an order,in July 2023,from its partner the Chinese shipyard Yangzijiang,to design the cryogenic fuel tanks of ten ultra largecontainer vessels fueled withliquefied natural gas(LNG). Us

[Photo provided to chinadaily.com.cn] Chinas first domestically-built large cruise ship, theAdora Magic City, has just completed its first sea trial and has returned to its home port of Shanghai, according to the China State Shipbuilding Co

[Photo: Xinhua/Tang Yi] BEIJING, July 26 (Xinhua) -- Guoyuan Port in southwest Chinas Chongqing is bustling, with rows of new energy vehicles queuing up to be transported overseas via the New International Land-Sea Trade Corridor. Launched

The Panama Maritime Authority (AMP) and the National Maritime Authority of Peru signed an Inter-institutional Agreement that seeks mutual recognition of the training and certification of seafarers, in accordance with Rule I/10 of the Intern

On July 25, COSCOSHIPPING EnergyTransportation issued a notice on signing shipbuilding contracts and chartercontracts for LNG transportation projects. The announcement disclosed that Lianxiang LNG Transportationand Lianrui LNG Transportation

The product tanker orderbook to fleet ratio has surged from 5.4% in December 2022 to 9.3% in June 2023, driven by a remarkable 337% y/y rise in contracting during the first half of this year. A spike in freight rates and product tanker dema