Ocean freight capacity and volumes continue US West to East coast shift, with port congestion following suit Xenetas latest market analysis details a continuing shift in container shipping capacity on routes from the Far East to the US, as

Recently, the General Administration of Customs of the Peoples Republic of China issued the Decision of the General Administration of Customs on abolishing some regulations. The Decision repealed a number of regulations relating to ships. I

Clarksons Research have released the latest version of their long standing annual review, LNG Trade Transport , on to Shipping Intelligence Network. Recent geopolitical turmoil and focus on energy security has placed the LNG sector at the c

In July, Ningbo Zhoushan Port is expected to complete a container throughput of over 3.2 million TEUs, a year-on-year increase of 25%, and exceeded 3 million TEUs for four consecutive months. The container transportation production shows st

On August 3, Beijing Time, the 2022 Fortune Global 500 list was released globally. COSCO SHIPPING ranked 127th, increasing its position by an impressive 104 places. Since its restructuring in 2016, COSCO SHIPPING has been consecutively list

The Maritime and Port Authority of Singapore (MPA) was notified on 14 March 2022 that a number of ships had been supplied with High Sulphur Fuel Oil (HSFO) containing high concentration levels of Chlorinated Organic Compounds (COC) (1,2-Dic

ISTANBUL, Aug 3 (Reuters) - The first grain ship to leave a Ukrainian port in wartime passed through the Bosphorus Strait on Wednesday en route to Lebanon for a delivery that foreign powers hope will be the first of many to help ease a glob

The Ministry of Natural Resources said Wednesday that Chinas gross ocean product rose 1.2 percent to over 4.2 trillion yuan (about 622 billion U.S. dollars) in the first half of 2022, with the major economic indicators maintaining in a reas

The Baltic Exchanges main sea freight index dropped to its lowest since February on Wednesday, extending its decline to the eighth day, on lower demand across vessel segments. The overall index, which factors in rates for capesize, panamax

A new Concentrated Inspection Campaign (CIC) has been announced by the Paris and Tokyo MOUs (Memoranda of Understandings), specifically focusing on STCW compliance. So, ship owners, operators, Masters and crews should now focus on the speci

Simpson Spence Young (SSY) has today announced that they will be opening an office in Genoa, Italy. Initially, the team that will be based there will focus on Dry Cargo, specifically Handy, Supramax and Panamax, with a number of individuals

China and Greece on Wednesday pledged to further deepen mutually beneficial cooperation and jointly work toward better bilateral relations for the next 50 years. While meeting with Greek Foreign Minister Nikos Dendias on the sidelines of th

CSSC Marine Service Co (CMS), the worldwide equipment service subsidiary of China State Shipbuilding Corp (CSSC), has successfully completed the worlds first ever 36,000 running hours major maintenance on dual-fuel (DF) marine engines. The

On August 2, Chinas first LNG refueling carrier conversion project, Hai Yang Shi You 301, held a steel cutting ceremony in Guangzhou Wenchong Dockyard of CSSC. It is reported that Hai Yang Shi You 301 is an LNG carrier of CNOOC Energy Techn

A.P. Moller - Maersk delivered record results in Q2 2022. Revenue increased by 52pct. and earnings more than doubled compared to same quarter last year. Results were driven by continued exceptional market conditions and sustained momentum f