The MV Portland Bay, a 28,446-dwt handysize bulk carrier owned by Hong Kongs Pacific Basin and flagged in the territory, became stranded off the Sydney coast, Australia on Monday (4 July). According to the latest intelligence issued by the

Ever Alot, the worlds largest container ship, berthed at the Meishan port area of Ningbo Zhoushan Port, one of the worlds top container ports, on July 3. Measuring 399.9 meters in length and 61.5 meters in width, the vessel can accommodate

July 5th, 2022.GTT announces that it has received, in the second quarter, an order fromits partner the Chineseshipyard Jiangnan for the tank designof three new LNGCs. As part of this order, GTT will design the tanks of the vessels, which wi

Insiders of the international shipping industry have predicted a further decline in shipping prices following the recovery of the global logistics supply chain from the pandemic and slow demand due to inflation in Europe and the U.S. The ye

The International Bunker Industry Association (IBIA), with support from BIMCO, launched an extensive online survey in February 2022 to identify to which extent the maritime industry stakeholders believe there is a need for a wider adoption

A recent claim handled by ITIC (International Transport Intermediaries Club) reinforces the need for attention to detail when making changes to an ocean freight booking. In this instance, a Colombian-based ship agent was asked to amend a bo

Guangzhou Shipyard International, the biggest shipbuilder in South China, is celebrating a high watermark in its history after delivering two of the worlds most innovative ships this week. The new vessels leaving the famous GSI shipyard, pa

WinGD has reported successful factory acceptance tests for the first two X-DF2.0 dual-fuel engines to feature intelligent control by exhaust recycling (iCER). The new technology enables further improvements to fuel consumption and emissions

Hanseaticsoft,part of Lloyds Registers Maritime Performance Services division, a leading provider of ship management software and Kaiko Systems, provider of a user-friendly data collection and analysis tool, today announced that they will be

Pacific International Lines (PIL) announced the award of a contract today to Yangzijiang Shipbuilding for the construction of four 8,000 TEU Liquefied Natural Gas (LNG) dual-fuel container vessels. These vessels will each be equipped with a

Benefiting from the continued prosperity of the bulk carrier and container ship markets, and the substantial reduction in losses of the oil tanker fleet, China Merchants Energy Shipping expects net profit in the first half of this year to in

Classification society DNV presented Arcadia Shipmanagement Co Ltd. with a certificate recognizing their vessel Aegean Myth as the first vessel globally to have a SEEMP III manual. The Ship Operational Carbon Intensity Plan or SEEMP Part II

Listed Norwegian cod-farming venture has been granted permission to establish a new production location in Nesna municipality with a total maximum allowed biomass (MAB) of 3,600mt. We have been very well received by Nesna municipality, whic

On June 28, the worlds first MSI Shipping Outlook Forum was successfully held at Maxwell Chambers in Singapore, with representatives from the Singapore government, financial institutions, ship owners, shipyards, brokers, investors, insuranc

Chinas crude oil imports have doubled from 2011 to 2021 and now account for 20% of global seaborne crude oil volumes. While Chinas January to May 2022 seaborne crude oil imports are down 2.2% y/y, a 51.4% m/m boost in imports from Russia ha