Hamburg, 27 July 2022: Surplus containers are piling up at warehouses as demand wears out, resulting in rising demurrage and detention charges, contributing substantially to the operational costs for shippers. These were a few inferences th

With new IMO regulations on Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) taking effect in 2023, BSMs extended Fleet Performance Centre is supporting ship owners efforts in reducing their vessels carbon i

Ukraine is preparing to start grain exports via the Black Sea ports this week under the grain deal signed last week in Trkiye, Ukrainian officials said on Monday. Speaking at a media briefing aired on the Ukrainian Infrastructure Ministrys

Chinas CITIC Offshore Helicopter Company (COHC) has signed a contract with Italys Leonardo for four AW139 medium twin-engine helicopters, which will be used in the country for offshore oil and gas production operations. Deliveries of these

The Baltic Exchanges main sea freight index fell to a nearly two-week low on Tuesday as rates across its vessel segments declined. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, shed 53 points

The CMA CGM Group, a global player in sea, land, air and logistic solutions, is committed to anticipate and develop innovative intermodal solutions which offer reliability, flexibility and green options while maintaining operational and cos

On July 22, Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation, delivered the 325,000DWT VLOC BOKM GUAIBA for Bocomm Leasing, marking the successful conclusion of the cooperation between the two sides on this

On July 25, China Merchants Energy Shipping (CMES) released the first independent ESG report -- Environment, Social and Corporate Governance Report 2021, and published the carbon emission reduction target for the first time, and set the car

A new video has been released by Methanol Institute (MI) and Fastwater, highlighting the benefits of methanol as a marine fuel for small craft operating in ports and inshore waters. The film highlights the launch in late 2021 of the first p

July 25 --The first North Bund Forum debutedlast November.Guided by Chinese President Xi Jinpings congratulatory letter to the 2021 forum, a video program called North Bund Forum High-end Interview willbe launchedto improve the quality of t

RESUMPTIONOFSHIPINSPECTIONFORTHEISSUANCEOFSHIPSANITATION CERTIFICATE (SSC) 1.Witheffectfrom1August2022,theNationalEnvironmentAgency,PortHealth Section will resume ship inspection services for the issuance of Ship Sanitation Certificate (SSC

SERVICE ORDER INTAKE INCREASED BY 36% HIGHLIGHTS FROM APRILJUNE 2022 Order intake increased by 25% to EUR 1,440 million (1,154) Service order intake increased by 36% to EUR 811 million (598) Net sales increased by 24% to EUR 1,407 million (

The construction of the container tribe at Qingdao International Cruise Port was completed and put into operation in late June, showcasing that Shandong Port Group (SPG) is accelerating the integrated development of port construction and co

An historic deal to resume grain exportfrom Ukraine via the Black Sea has brought hope for Turkeys shipping industry, as the country has witnessed a significantly shrunk shipping business since the outbreak of the Ukraine crisis. Considerin

Chinas index of export container transport went up in June, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) rose 3.5 percent month on month to 3,228.37 in the period, said the exchange. The