Global, sector-focused law firm HFW has boosted its leading Middle East practice with the hire of top-ranked shipping and offshore marine partners Robert Lawrence and Ian Chung. Robert and Ian collectively have more than 30 years experience

On August 19, China National Offshore Oil Corporations subsidiary company investing an LNG refueling station project starts work in Yuecheng of Deqing. It is Guangdongs first fixed LNG refueling station, marks the largest domestic green shi

On August 19, Jiangnan Shipbuilding, a subsidiary of CSSC, held a steel cutting ceremony for the first 7,600CEU LNG dual fuel PCTC for SAIC Anji Logistics. The vessel is designed with a total length of 199.9 meters, a width of 38 meters, a

Site of the last attempted invasion of England, the coastal town of Felixstowe is about to absorb another shock from the sea. Only this time the problem will be with foreign ships that dont come ashore. Starting Sunday, about 2,000 dockers

Lithuanian ship designer Western Baltic Engineering (WBE) is unveiling new designs for what it believes is the first ever electric pusher vessel for use on Europes inland waterways called the ELECTRIC EEL. Klaipedaheadquartered WBE said the

Chemical tanker RYOSHIN MARU collided with Chinese general cargo ship XIN HAI 99 at around 0200 Tokyo time Aug 20 some 2 nm off Kushimoto, Wakayama Prefecture, southeast Honshu. Ships were sailing in opposite directions, tanker bow struck c

The freight rates of the routes all fell, and the decline of the composite index expanded Ningbo Containerized Freight Index: In the week ending Aug-12, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quo

Seafarers Happiness Index (SHI) Quarter 2 2022 results are a measure of the happiness level of seafarers amidst the backdrop of the Covid-19 pandemic and the geopolitics of Russia and Ukraine. Yet this quarter registers a welcome rise in op

Orient Overseas (International) Limited announced a profit attributable to equity holders of US$5,663.6 million for the six-month period ended 30th June 2022, compared to a profit of US$2,810.9 million for the same period in 2021. Earnings

Capesize The Capesize market continued to soften this week leaving little ambiguity about the state of the market as the 5TC posted at a low of $6,267 on Friday. While the Pacific rates have already been bottoming out in recent times, the A

The 2022 Qingdao Land-Sea Linkage Seminar kicked off in Qingdao on Aug 15, which was hosted by the Shandong Provincial PeoplesGovernment, and jointly organized by the Qingdao Municipal PeoplesGovernment, Shandong Transportation Department a

Hutchison Ports confirmed earlier reports that it has reached new agreements with the Egyptian government for an expansion of its container terminal operations in the country. News of this agreement comes just days after Maersk also entered

On August 7, the crew of M.V. DA KANG, a vessel operated by COSCO SHIPPING Specialized Carriers, was diligently working to lift and unload the wind power equipment at berth 3 of DMP Terminal in the Port of Djibouti. With the last piece of f

VLCCs back in the game? This week, benchmark VLCC earnings (non-scrubber, non eco) surged to over $40,000/day after spending nearly 20 months with TCEs either negative or below fixed operating costs. TCEs have found supportfrom a combinatio

Feng Ping, deputy general manager of Chery Automobile, said that COSCO Shipping Specialized Carriers had launched the solution in a short period of time, which solved our urgent problem. Cherys car accounted for about 40% in COSCO SHIPPING