High energy prices in Europe have shifted aluminium production to China. Due to Chinas increasingly depleted bauxite reserves, this shift has resulted in an increase in bauxite shipments, benefitting the capesize segment. Guinea, the worlds

International shipbrokers IFCHOR and Galbraiths have agreed to merge and are in the final stages of completing a share for share agreement which is expected to close in the next few weeks. The new entity will be headquartered in Switzerland

In Q1 of 2023, the GHG Rating methodology will be updated to incorporate Energy Efficiency Existing Ship Index (EEXI) values. RightShips proprietary GHG Rating algorithm already uses data and outputs from either the Existing Vessel Design I

Pursuant to Reg 45 (2) of the Maritime and Port Authority of Singapore (Port) Regulations, the Port Master hereby restricts all vessels from transiting, anchoring or remaining in the demarcated area within and in the vicinity of Cruise Bay.

MISC Berhad (MISC), through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PLL), together with its consortium partners, Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha, Ltd. (K-Line) and China LNG Shipping

Shandong has been beefing up efforts to become a strong maritime province since the 18th National Congress of the Communist Party of China (CPC) in 2012, with specific measures taken to cultivate a competitive marine economy. Shandong boast

Grain export shipments from Ukraine resumed on Wednesday as Russia said it was rejoining a deal brokered by the UN and Turkey to establish a safe Black Sea corridor. Turkish President Recep Tayyip Erdogan told parliament that shipments will

DNVs office in Shanghai Shanghai, China, 3 November 2022: DNV has launched a Shanghai-based Gas Carrier and Alternative Fuels Expert Team to support key stakeholders amid strong growth in two thriving markets in China: large gas carriers an

A few days ago, Fujian Shipbuilding, a subsidiary of Fujian Shipbuilding Industry Group, obtained orders for six 7500CEU LNGdual fuelpowered PCTCs. So far, Fujian Shipbuildinghas received 31 new orders this year. In addition to this order,

On November 2, Jiangnan Shipyard of CSSC and Shandong MarineGroupsigned a contractforfour 98,000 CBM VLEC in Shanghai. The 98,000 m3 VLEC is designed and developed by JiangnanShipyardand belongs to the Panda E-series. The vesselis 230.0 met

At about 1825 on October 31, the bulk carrier CAPE BRILLIANCE collided with the fishing vessel Suqiyu 05108 (position: 3049N12317E) in the East China Sea. The accident led to the sinking of the Suqiyu 05108, with 14 people falling into the

MSC, the worlds largest ocean carrier by operated container vessel capacity, has backed the criticism of the impending carbon intensity indicator (CII)regulation amid fears that the methodology used might result in unintended consequences a

Atlas Corp, which controls Seaspan, has entered into a definitive SP Agreement with Poseidon Acquisition Corp (a consortium of affiliates of Fairfax Financial Holdings Limited, affiliates of the Washington Family, Atlas Board Chairman David

DP World is expanding its operations in China by signing a Memorandum of Understanding (MOU) to support logistics and trade development at the Lin-Gang Special Area, a free trade zone in Shanghai. The MOU was signed today with Shanghai Lin-

MAN Energy Solutions has announced that its portfolio of two-stroke, dual-fuel engines has passed more than 1,000 units on order or in service. The engines can run on a variety of alternative fuels, including LNG, methanol, ethane and LPG.