24 March 2023 Every year, 241 million containers are transported across the seas with over 7 trillion dollars worth of food, clothes, electronics and other goods we all need. While crucial for the smooth functioning of the global supply cha

Simpson Spence Young (SSY), the worlds largest independent shipbroker, has today announced that maritime expert Justin Wang will join the global SSY LNG team as a ship broker, effective from April 2023. Based in Beijing, Wang will be the fi

On March 24, Hudong-Zhonghua Shipbuilding, a subsidiary of CSSC, and China Shipbuilding Trading delivered the third 174,000 m3 large-scale LNG carrier KUN LUN for COSCO SHIPPINGPetroChina Internationals LNG transportation project. This is t

The drafting team tasked with the revision of BIMCOs suite of ship management and related third-party management agreements met in London last week to continue discussions on the revision of SHIPMAN, the widely used standard ship management

Inactive tonnage ticked down in mid March to settle at 6% of the total cellular fleet, according to Alphaliner latest report. This is due to a decrease in both commercially idle ships and vessel capacity in drydock. There were 300 ships cou

More renewable and low-carbon fuels willreduce the carbon footprintof themaritime sectorin the EU following todays provisional political agreement between the Council and the European Parliament. Today we managed to agree another part of th

On13Mar2023,MinistryofAgricultureandRuralAffairsofChina(MOA)announced therevisedannualfishingbanperiodswhichwillcomeintoeffectasof15Apr2023. The fishing ban applies to all kinds of fishing vessels, including fishingauxiliary vessels. To be

Chinas rail-sea intermodal trains have made 25,000 trips along the New International Land-Sea Trade Corridor. A cargo train carrying 74 containers of imported goods departed from the Qinzhou port station in south Chinas Guangxi Zhuang auton

The Baltic Exchanges main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday buoyed by a rebound in rates of the larger capesize vessel segment. The overall index, which factors in rates for capesize

COSCO SHIPPING has been actively answering the call for green low-carbon development and following the new development trend of green, low-carbon and intelligent container shipping by making continuous efforts to build a world-class integra

The Hong Kong Economic Trade Office, supported by the Marine Department, held a reception at IMO on 15 March to promote Hong Kong as an international maritime centre. Addressing to the audience, the Director-General of the London ETO, Gilfo

The shipping industry has a crucial impact on the development of human society, not only because ships carry more than 80 percent of global trade by volume and more than 70 percent by value, but also because of its potential impact on clima

SWS, the subsidiary of CSSC, delivered one 190k DWT dual fuel bulk carrier UBUNTU LOYALTY to U-MING on March 22, which is the third vessel delivered this year. The delivery calls an end to the project of four 190K DWT dual fuel bulk carrier

Recently, the shipping company affiliated to SUMEC Group Corporationhas successively delivered one 22,500 dwt bulk carrier and one 59,990 dwt bulk carrier. The 22,500 dwt bulk carrier has a total length of 153.0 meters, a molded width of 23

After more one year of practice and enhancement, BoxPlus now is announcing that the COA UDM_PLUSAPI standards launched at the end of year 2022 is successful, workable and productive to serve the customers by establishing a data bridge betwe