Earlier this month, Chinese shipbuilder COSCO Shipping Heavy Industry (Dalian) delivered an energy-saving eco-friendly MR product and crude oil tanker to COSCO Shipping Energy Transportation. The 49,900 dwt Yuan Yu He was classed by China C

The global shipping industry has already taken a big hit from COVID-19, highly volatile fuel prices, and the ongoing geopolitical crises. Consumers the world over will be bearing the brunt of it. About 140 ships with over 1,000 crew are stu

The supply and demand relationship did not perform well, the composite index continued to fall Ningbo Containerized Freight Index: In the week ending Mar-18, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE

Tight Tanks Each week, Gibson monitors developments in refined product and crude oil inventories. Even before the invasion of Ukraine and subsequent sanctions on Russia, stocks were low in every major trading hub, leaving the world exposed

Disruption to global logistics and supply chains remains widespread, with overall port congestion now running above the levels seen last year and specific container fleet congestion trending towards previous highs. Discussing recent trends

Pierre Poitras, Technical Consultant at Conidia Bioscience, looks at how the increased percentage of biofuels can raise the cost of fuel as well as leave it susceptible to microbes. The analysis is based on the white paper Protecting equipm

The Swedish Dockworkers Union has given notice about nationwide blockade against Russian ships and cargo, as per the following statement: The Swedish Dockworkers Union has given notice to the employers organisation Ports of Sweden today abo

The Plastic Flamingo (the PLAF), with the support of the CMA CGM Group, a world leader in shipping and logistics, has launched a new recycling line at PLAF upcycling factory in Muntinlupa to upcycle the hard-to-recycle plastic sachet in the

Evergreen Line has placed an additional order for three of the worlds largest 24000TEU container ships at Hudong Zhonghua, bringing the number of 24000TEU-class super-large ships it has ordered at two shipyards of CSSC to nine. On March 15,

Britain is investing in green maritime technology as part of a strategy to revive its shipbuilding sector, which has been in long-term decline. Trade Secretary Anne-Marie Trevelyan last week announced a new exports office to turbocharge mar

Lanshan company of Rizhao Portboosted its regional market share of nickel ore to 77 percent in the first two months of the year, a 4 percent year-on-year increase that set a new record. Confronted with the combined impact of rainy season in

The Baltic Exchanges dry bulk sea freight index inched lower on Thursday as a drop in the larger capesize segment countered gains in panamax and supramax rates. The overall index, which factors in rates for capesize, panamax, supramax and h

V-Bunkers, Vitols Singapore bunker operations company,announced that its barges have recently made several deliveries of bio-fuel blended VLSFO. Mike Muller, Head of Vitol Asia said: We are delighted to have demonstrated in multiple deliver

As the demand for dual-fuel LNG vessels continues to accelerate, the marine pump specialist Svanehj is experiencing a significant increase in orders for deepwell fuel pumps. A large new order from Jiangsu New Yangzi Shipbuilding highlights

What is undoubtedly the worlds most famous luxury yacht is successfully operating an advanced BIO-SEA ballast water treatment system from Frances BIO-UV Group. Christina O, the 1943-built motor yacht named after the only daughter of Greek s