The transportation demand was lower than expected, and the freight rate of European and American routes fell Ningbo Containerized Freight Index: In the week ending Jun-17, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping

On June 17, 2022, State Development Investment Corporation announced its decision: Fu Gangfeng will be appointed as Chairman and Secretary of the Party Leadership Group of SDIC, and will be removed from the positions of Director, General Ma

Latest Trends on fuel transition, shipyard actions, government, ports, financing and industry players Carbon capture is said to be the key to shippings green transition. In a keynote address at the Posidonia conference, ABS chief Christophe

Palau International Ship Registrys (PISR), the worlds leading digital registry, has registered a significant rise in its ranking within the Paris Memorandum of Understanding (PMoU) Flag State The Palau International Ship Registrys (PISR), t

Two decades after the devastating Erika and Prestige accidents, the European maritime safety framework has evolved to become one of the most robust in the world. Thats according to the European Maritime Safety Report (EMSAFE), the first eve

Mounting Pressure Last Friday saw the close of the much-anticipated Marine Environmental Protection Committee (MEPC 78) meeting at the IMO. The main focus was to progressIMO policy to build an effective greenhouse gas emissions (GHG) reduct

The Judging Panel for the Maritime Standard Awards 2022, which will be held at Atlantis, The Palm, Dubai on Tuesday November 15th, has now been confirmed. Chaired by The Maritime Standard editor, Clive Woodbridge, the Judging Panel is made

China launched its third aircraft carrier, the Fujian, in Shanghai Jiangnan Shipyard on June 17th. The carrier, named after Fujian Province, was completely designed and built by the country. Fujian is Chinas first fully independently design

On June 9, the FURE VINGA, a 16,300DWTdual-fuel chemical tanker built by CMI Jinling (Yangzhou) Shipyard for Swedish ship owners,crosses Tower Bridge to visit the River Thames. The tankerwas delivered to the owner on January 19, 2021, and h

On June 15, the China Association of the National Shipbuilding Industry released the operating data of Chinas shipbuilding industry for the first five months of this year. Data show that in the first five months of this year, Chinas shipbui

Officials announce the establishment of the engineering innovation center at SPGs Qingdao Port on June 13. [Photo/WeChat account: Shandong-Port] On June 13, Qingdao Port of Shandong Port Group (SPG) launched an engineering innovation center

On June 16th, 2022.GTT announces that it has received an order from its partnertheChineseshipyard Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of six new LNGCson behalf of an Asian ship owner. GTT will design the tanks

The Passing of the US Ocean Shipping Reform Act 2022 in Congress looks set to open a chapter of conflict with the worlds shipping lines. Heralded by shippers and condemned by liner firms. Ahead of his signing off on the Act, US President Bi

Chinese State-owned oil and gas giant China National Offshore Oil Corp said on Wednesday that it has completed the countrys first offshore carbon capture and storage project designed to permanently bury carbon dioxide in the seabed. After 1

DNV has awarded vessel owner, TechnipFMC, its first class notation for Data Driven Verification (DDV) of Dynamic Positioning (DP) systems. In addition, Kongsberg Maritimes Dynamic Positioning Digital Survey (DPDS) has been awarded an Approv