Capesize The market ended the week on a high as the Atlantic region stepped up its activity and ignited other regions to also build in value. The Capesize 5TC now stands at $13,373. That is hardly an impressive level for this time of year o

CSSC Carnival Cruise Shipping Limited, a joint venture between China State Shipbuilding Corporation and Carnival Corporation, unveiled its new cruise brand, Adora Cruises, in Shanghai on Friday to tap the local market. The companys first tw

Methanol holds significant potential as a future ship fuel and has recently emerged as a major topic in the discussion about the IMO decarbonization goals and alternative ship fuels. Knowing what future fuel to build for is one of the bigge

On 8 June 2022, the European Union (EU) decided to impose a ban on seaborne imports of Russian crude oil and oil products. The ban on crude oil will take effect on 5 December and by then the EU must have found new suppliers and Russia must

The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met today under the chairmanship of Rodolphe Saad, Chairman and Chief Executive Officer, to review the financial statements for the thir

Badhoevedorp, 25 November2022 - EST-Floattech announces a new major order. The German office is increasingly establishing itself and recently signed a long-term framework contract with Rolls-Royce Power Systems for the Green Orca 1050 batte

Friday 25 November, London: The International Chamber of Shipping (ICS), which represents 80% of the worlds merchant fleet, is calling for the immediate release of the 26 seafarers of the very large crude carrier (VLCC) tankerHeroic Iduntha

Are Oldies still Goodies? This year, 15-year-old crude tanker values have broadly outperformed the rest of the secondhand tanker market in terms of both prices and enquiry. The main reason for this appears to be the impendingsanctions and c

The 2022 North Bund Forum, co-hosted by the Shanghai Municipal Peoples Government and the Ministry of Transportof China, was held in Shanghai from November 22 to 24. There are two parallel forums for international shipping and international

Pachi, Greece 25 November 2022:The first-ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in Greek territorial waters has been successfully completed with the support of GAC Greeces shipping and project logistics teams. Appro

TheMaritime and Port Authority of Singapore (MPA)s Academy welcomed 16 senior maritime leaders from 12 countries and the International Maritime Organization at the12thMaritime Public Leaders Programme (MPLP). The MPLP is an executive leader

On November 25, 2022, Wusongkou Forum was held in Shanghai. China State Shipbuilding Corporation launched the self-developed 80,000 DWT cruise type, released Chinas self-operated cruise service brand Adora Cruises, and signed the first 10 b

1. The Fishery Farms off Laizhou The fishery farms off Laizhou Port expanded disorderly in the past years, from the below illustration, you will note that some of the fishery farms are near or even within the recommended channel. The overvi

On November 25, Guo Xin, research director of China Merchants Industry Group Industry Development Research Center, said at the Ship Offshore Finance and Industry Development Forum that, in addition to BYDs 6-8PCTCs, Chery Automobile may als

BEIJING, Nov. 24 (Xinhua) -- Chinas marine economy logged sound development in 2021, enlarging its scale and optimizing its structure, the National Marine Data and Information Service (NMDIS) said on Thursday. Last year, the countrys gross