The Baltic Exchanges dry bulk sea freight index rose for a third straight session on Tuesday, climbing to its highest in more than a month as rates across vessel segments strengthened. The overall index, which factors in rates for capesize,

With effect from 7th March 2022, Orient Overseas (International) Limited will be included as a constituent stock of the Hang Seng Composite Index, one of the benchmark indexes of the Hong Kong Stock Exchange, following the Index Review Resu

DNV has awarded Odfjell Oceanwind an Approval in Principle (AiP) for their new Deepsea Semi floating wind foundation design. The Deepsea Semi floating wind foundation design has been developed for use in floating wind farms and for off-grid

Steerprop has signed a five-year contract with Siem Offshore regarding the propulsion monitoring service Steerprop Care Premium for three of the Norway-based offshore vessel companys platform supply ships. Steerprop Care is designed to enha

In Yangshan port area of Shanghai port, a worlds largest 20000m3 LNGbunkering ship isto provide LNGbunkering service for the container liner ofCMA CGM in the coming March. This will be the first order in China for bonded LNGbunkering busine

Port congestion in China is slowing deliveries of everything from iron ore to electronics, forcing companies to rely on stockpiled inventories of goods, reports Bloomberg News. Its taking a week to ten days longer to deliver iron ore suppli

The government plans to increase the countrys carbon tax from S$5/t ($3.70/t) currently to S$25/t in 2024-2025 and S$45/t in 2026-2027. The tax rate will be reviewed witha long-term view of raising it to S$50-80/t by 2030, said the countrys

Maritime tech has never seen anything like the past 12 months: a whirlwind of deals that may be just the beginning. Clearly, there is an influx of capital, especially over the last year, and the pace is just continuing to increase, said Eva

Sea robberies and the boarding of vessels underway n the Singapore strait are continuing with the reporting agency for the region issuing alerts to seafarers and warning for the need to increase vigilance and maintain lookouts while transit

China National Offshore Oil Corp, the countrys top offshore oil and gas producer, is one step closer to the construction of what will be the worlds largest liquefied natural gas storage tanks, to be located in Yancheng Binhai Port Industria

Chinese coking coal futures extended gains on Monday to a fourth session, surging more than 5%, as supply remained relatively low and demand was expected to recover following the Lunar New Year holidays and the Winter Olympics. Inventories

This marine notice aims to raise awareness of the importance of the safe operation and maintenance of hatch covers and related equipment on board vessels. AMSA has received reports of serious incidents, including fatalities, involving hatch

Leading global stakeholders in the hydrogen value chain will gather at Nor-Shipping 2022 for a conference dedicated to assessing, demystifying and enabling developments within the maritime field. Organised by Ocean Hyway Cluster, a speciali

It can be difficult to determine if shipowners or charterers are responsible for accounting and reporting the GHGs emitted by a ship. This article helps determine where the responsibility for accounting and reporting of GHG emissions from s

On February 18, the christening and delivery ceremony of the second new ship HERBERT of the four 62,000 dwt multi-purpose heavy lift vessels ordered by Chipolbrok(Chinese-Polish Joint Stock Shipping Company)was held at CSSC Chengxi Shipyard