Chinese shipyard COSCO Shipping Heavy Industry has completed the construction of a floating production storage and offloading (FPSO) vessel for BPs Greater Tortue Ahmeyim (GTA) LNG project in Mauritania and Senegal. The completion ceremony

Demand was doldrums, Composite index drops significantly Ningbo Containerized Freight Index: In the week ending Sep-9, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 1910.9 points, slightly fallin

13 September 2022Tokyo - ClassNK has signed an MOU (Memorandum of Understanding) with Maersk Training A/S regarding training for offshore wind farm operators and education for alternative fuel ship crews. Maersk Training is an international

The Baltic Exchanges main sea freight index, tracking rates for ships carrying dry bulk commodities, notched up its biggest daily jump in seven months, powered mostly by a 43% jump in the larger capesize segment. The overall index, which fa

Berg Propulsion Delivers EEXI Performance Control for Uni-Tankers Efficiency enhancements to engine control bring 15-17% in energy savings for two of the leading tanker companys existing ships. Uni-Tankers has confirmed that installing a ne

Chinas index of export container transport declined in the week ending on Sept 9, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) went down 3.8 percent to 2,722.77 from the previous week, ac

Chinas coastal bulk freight index went up in the week ending on Sept 9, according to the Shanghai Shipping Exchange (SSE). The composite index for coastal bulk freight gained 1.9 percent week-on-week to 1,098.7, said the SSE. The coal sub-i

Hamburg, Germany, 13thAugust 2022: As China grapples with the zero COVID policy and resulting lockdowns, the demand for containers declines amidst the busiest peak season shipping. The interesting trend from the month of August has been the

Badhoevedorp, 12 September 2022 - EST-Floattech has appointed Mark Witjens as Chief Executive Officer (CEO) and Joep Gorgels as Chief Financial Officer/Chief Business Development Officer (CFO/CBDO). With these appointments, the company that

On September 13, Hudong Zhonghua Shipbuilding and China Shipbuilding Trading delivers a 24,000 TEU ultra-large container ship Ever Aria to Evergreen Line . The ship is the sister ship ofEver Alotdelivered by Hudong-Zhonghua on June 22 this

The 22nd China International Fair for Investment and Trade was concluded in Xiamen, Fujian province, on Sunday, highlighting the provinces strength in propelling maritime affairs and investment through conferences and experts remarks. Fujia

Chinas bulk commodity market saw improving fundamentals in August with a marked increase in sales as demand rebounded, industrial data showed. The China Bulk Merchandise Index (CBMI), a gauge of domestic bulk commodity market growth, stood

Converting commercially operated ships on the high seas to CO2-neutral drive systems is a huge challenge. One important factor is the range requirement of the individual ship types. This must be as large as possible for cruise ships, tanker

On September 7, Hutchison Ports Yantian(Yantian) clinched the Best Green Container Terminal Award at the 2022 Asian Freight, Logistics and Supply Chain (AFLAS) Awards Ceremony, marking the third time the port is recognized in four years. Ca

Accelleron, a global leader in turbocharging, and Maersk Tankers, a commercial manager in the tanker industry, have signed an agreement, as part of which Maersk Tankers will use Accellerons software on its pool fleet. Maersk Tankers commerc