Copenhagen A.P. Moller - Maersk (Maersk) has entered into an agreement to divest its logistics sites in St. Petersburg and Novorossiysk to IG Finance Development Limited. Maersk divesting the two sites is a consequence of the companys decis

The supply in the traditional off-season was insufficient, and the composite Index continued to fall Ningbo Containerized Freight Index: In the week ending Feb-17, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

Renewable methanol is seen as a viable fuel option in accelerating the decarbonization of maritime industries, Methanol Institute CEO Greg Dolan said at methanol industry group IMPCAs conference in Miami Feb. 15. With 80 renewable methanol

The Baltic Exchanges main sea freight index, logged its best day in nearly two months on Monday on gains in rates for capesize and supramax shipping vessels. The overall index, which factors in rates for capesize, panamax, and supramax ship

Australian coal exports to China have resumed gradually as domestic steel companies diversify sources of supply while gradually restoring confidence in Australian goods amid eased bilateral trade relations, industry insiders said. Customs c

China Baowu Steel Group Corp., the worlds biggest steelmaker, will seek closer ties with iron ore miner Rio Tinto as Chinas demand for the raw material rebounds. Baowu is looking to benefit from efforts to repair trade relations between Chi

Simpson Spence Young (SSY) -the worlds largest independent shipbroker -and Glencores ST Shipping Transport have joined forces to donate a substantial commission to the Mercy Ships foundation. Founded in 1978, Mercy Ships delivers much neede

Over 30 leading maritime organisations and companies are urgently calling on the United Nations Secretary General to prioritise the immediate release of the 331 seafarers and 62 ships that remain trapped in Ukrainian ports. The open letter,

On February 17, the inaugural ceremony ofPingtan International Marine Shipowner Associationwas held in Fujian Province. The association already owns more than 200 vessels of various ship types such as VLCC, CAPE dry bulk vessels and contain

Ocean Network Express (ONE) announces plans to develop and integrate a smart container solution across their global fleet. The development of the smart container solution will be done in collaboration with Sony Network Communications Europe

SINGAPORE, Feb 20, 2023 - (ACN Newswire) - Singapore Exchange Catalist-listed Mooreast Holdings Ltd. (Mooreast; SGX: 1V3) has signed a Collaboration Agreement (the Agreement) to explore establishing a manufacturing facility in Aberdeen, Sco

CMA CGM has for the first time installed a bow windshield, initially developed by Japans Mitsui OSK Lines (MOL), on a flagship in its fleet. The 16,000 TEU, CMA CGM MARCO POLO was captured passing through the Port of New York and New Jersey

Carisbrooke Shipping have partnered with Carnot Ltd whose consortium has been awarded 2.3M to develop a zero-emission 50kW Hydrogen auxiliary engine demonstrator. Following design, simulations and rigorous testing, the revolutionary single-

Shanghai-based Hudong-Zhonghua Shipbuilding (Group) Co and China Shipbuilding Trading Co delivered an 80,000-cubic-meter liquefied natural gas (LNG) carrier, which is currently the worlds largest river-sea intermodal LNG carrier, to Shenzhe

SHANGHAI, Feb. 16 (Xinhua) -- Chinas first domestically-built large cruise ship is expected to be delivered by the end of 2023, with over 91 percent of construction completed, the administration bureau of the bonded area in China (Shanghai)