Capesize The Capesize market continues to dwell in the doldrums as any attempts to spark a rally were quickly dealt a hammer blow as the 5TC closed the week at $10,898. This rate level is less than a third of the same time last year. The ma

Few shipping companies have started to prepare for the EUs proposed inclusion of maritime transportation in the Emissions Trading System, whose initial decarbonization effects are expected to be minimal due to high gas prices. Once the new

Recently, Chinas first rocket carrying ship, YUANWANG21, will sail for performing maritime mission. YUANWANG21 is Chinas first self-developed dedicated rocket carrier, which has a sister ship named YUANWANG22. The opinions expressed herein

Alfa Laval technology is playing a leading role in the marine industrys transition to carbon-neutral green methanol. In this years largest methanol order to date, the Alfa Laval FCM Methanol will be the low-flashpoint fuel supply system (LF

On August 16, Fujians sea area will start fishing. In order to further prevent vessel collision accidents, on August 11, Fujian MSA formally defined in Fujian Shacheng Bay, Funing Bay, east of Lianjiang, east of Pingtan, southeast of Niusha

15 August 2022 The Sea Cargo Charter is a global framework for aligning chartering activities with responsible environmental behavior to promote international shipping decarbonization. One of the largest listed companies by market capitaliz

Panoramic view of the port and city of Klaipeda, Lithuania (Photo: Andrius Kundrotas) Dynamic Lithuanian port city gears up to showcase what it can offer as an ideal business-friendly destination for Nordic investors and maritime solutions

On August 12, Wan Hai Lines announced that it would buy four 3000TEUcontainer ships from CSBC Corporation Taiwan, with a total transaction amount of US $212 million to US $220 million. The first of the four ships is expected to be delivered

11x92-B-LPSCR2.0 engine On August 13, the worlds first CMD-WinGD 11x92-B-LPSCR2.0 engine was delivered by CSSC-MES Diesel Co.,Ltd. of CSSC Power (Group) Co., LTD. The 11x92-B-LPSCR2.0 engine will be installed as the main propulsion on the 2

China is Valenciaports main trading partner and represents 15% of the total container traffic handled through the docks of the port precinct. We are the gateway to Spain for foreign trade with China, with which we maintain a close relations

Sembcorp Marine Ltd reported a net loss of S$143 million for the six months ended 30 June 2022. This was a significant improvement from the S$647 million loss reported in 1H2021. Strong Execution and Delivery of Projects 1. The Group starte

COSCO SHIPPING Development recently received an award certificate from the organizer of the BRICS Solutions for Sustainable Development Goals Awards. The First Public Sanitation Pilot Project of the UN Global Compact Belt and Road Initiativ

China Association for Listed Companies (CAPCO) recently announced 101 models of digital transition for listed companies in China, among which COSCO SHIPPING Technologys project New Digital Infrastructure for Shipping Industry CHUAN SHI BAO

In a move to further enhance trade ties between China and other member markets within the Regional Comprehensive Economic Partnership agreement, Shandong Port Group－a major port operator based in East China－has launched more routes link

Transportand logistics in China continued to expand on Saturday, asportcontainer throughput grew 6.3 percent from the previous month, and rail freight transportservices were operating at a high level, according to a release by the logistics