First half 2023 statistics for the international shipping industry have been released by Clarksons Research. Reviewing the data,Steve Gordon, Managing Director of Clarksons Research commented: Most shipping sectors remain in positive territ

Indian Register of Shipping (IRS), a leading ship classification society is proud to announce that it will provide classification services and certify six Next Generation Missile Vessels (NGMVs) to be constructed at Cochin Shipyard Limited

The oil transport fundamentals continued to rise, and COSCO Shipping EnergyTransportations net profit increased significantly in the first half of 2023. On July 6, COSCO Shipping Energy Transportation announced the expected increase in perf

In consideration of the present market situation, THE Alliance will make changes to the Asia to Transpacific-West Coast Network by temporarily suspending the PS5 service and enhancing the existing PS3, PS6, and PS7 service as of August and

On June 30, 2023, the closing ceremony for 3# 120,000 DWT Bulk Carrier with Hull No.0112003 was held at the meeting room on 8th floor of New Times Office Building. Executive Deputy General Manager Mr. Zhang Yuyong and the owners representat

[Photo: China Daily] North Chinas Tianjin Port handled over 11.35 million twenty-foot equivalent units (TEUs) of containers in the first half of this year (H1), up 8 percent year on year, setting a new record, the ports operator said on Thu

MAN Energy Solutions has signed a Conversion Commitment Agreement with Seaspan Corporation (Seaspan), a global leader in containership ownership and management in collaboration with Hapag-Lloyd, one of the leading global liner shipping comp

For further enhancing the mutual benefits of both the Suez Canal Authority and its clients, as well as to promote transits via the Suez Canal, kindly be informed that we have issued a new circular (attached) for Chemical Other Liquid Bulk t

Copenhagen, 06 July 2023.Coach Solutions, a leading provider of maritime data solutions, has released a calculator to enable vessel operators to calculate sailing costs under the EU Emissions Trading System (EU ETS). Integrated into the Coa

The European Unions Monitoring, Reporting and Verification (EU MRV) dataset for shippings European CO2 emissions for the year 2022 has just been published, with the data highlighting some significant year-on-year changes from 2021 despite t

Multi-purposeHeavy Lift Photo: COSCO Shipping Specialized Carriers Co., Ltd. COSCO Shipping Specialized Carriers Co., Ltd. saw a 0.9% increase YoY in their revenue to RMB 5.87 billion and a 91.66% increase YoY in net profit attributable to

In an effort to protect whales and cut vessel emissions, California continues to incentivise operators that slow down their vessels to a speed of 10 knots or less along the states coast. This year the vessel speed reduction zones have becom

Photo: OOCL COSCO-owned Orient Overseas Container Line (OOCL) has released its semi-annual financial report, concluding the first half year with a 60.2% decrease in revenue to USD 4,154.7 million YoY and the second quarter with a 62.6% drop

Shanghai Shipping Exchange (SSE) reported that the composite Shanghai Containerized Freight Index (SCFI) closed at 953.6 points in Week 26. More specifically, rising 3.2% from the previous week, the composite index increased for the first t

Orient Overseas Containers second quarter update released yesterday (5 July) revealed a 62.6% fall in total revenues to US$1.98bn, compared to the same period in 2022. The dramatic turnaround occurred even as liftings increased 1.3%. Loadab