The latest Indicator shows that the number of seafarers onboard vessels beyond the expiry of their contract has decreased to 3.7% from 4.7% in the last month, and the number of seafarers onboard vessels for over 11 months has also decreased

Furuno is a leader in supplying electronic equipment and solutions for the fishing industry, the shipping industry, the recreational segment, and land-based industries such as GPS systems and weather radar. Furuno has launched a new website

A.P. Moller - Maersk (Maersk) announces new aspiring emissions targets expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway to limit global warming to 1.5C. They include a societal

Benefiting from the rebound in demand from the ocean line, Wan Hai Lines increased its performance in December last year, and its consolidated revenue for the whole year was the sum of the previous two years, delivering its best performance

Wison Offshore and Marine (WOM) has obtained the Approval in Principle (AiP) from ABS (American Bureau of Shipping) for the Extended FEED design on its Standardized 3.5 MTPA FLNG (Floating Liquefied Natural Gas). Based on the worlds first b

Chinese oil and gas giant CNOOC Limited has revealed its 2022 Business Strategy and Development Plan, which includes plans to increase oil and gas production in the next three years while advocating for and encouraging green energy transiti

The annual container throughput of Shenzhen Port in the southern Chinese city of Shenzhen totaled 28.77 million TEUs in 2021, up 8.4 percent year on year, hitting a record high, local authorities said. In 2021, the number of international l

China on Tuesday unveiled new guidelines to ease pressures on foreign trade companies and keep the countrys exports and imports stable. The country will further open up the economy and carry out cross-cyclical adjustments to support medium,

The Indonesian government has ensured coal exports will reopen in stages, said a senior official late January 10, after a full ban on coal exports was imposed for 10 days. Luhut Binsar Pandjaitan, Coordinating Minister of Maritime and Inves

Wilhelmsen Ship Management has strengthened its position in the tanker market with a newly signed agreement to acquire a majority stake in Hamburg-based Ahrenkiel Tankers. Thetransaction will result in Wilhelmsen Ship Management taking over

Tianjin Port, the worlds ninth largest port in terms of cargo throughput, said its operations remain normal after 31 new confirmed coronavirus cases were detected in the city as of Monday, including cases involving the Omicron variant. Tian

Chinese stainless steel futures surged more than 5% on Tuesday, boosted by tight supply concerns as producers cut production, while strong raw material prices also offered support. Domestic stainless steel firms are stepping up maintenance

A recent claim covered by ITIC(International Transport Intermediaries Club) highlights the importance of an intermediary confirming freight arrangements prior to advising their principal. In this case, a liner agent was arranging for 24 con

Containers arenowmoving in and out of China at record speeds as shippersdesperately source capacity,but port congestionin Europe and the UScontinues toslowthe return of boxes to Asiaand is stymying the recovery of global ocean supply chains

The freight derivatives market for dry cargo vessels saw increased traded volumes in 2021, according to data released by the Baltic Exchange. Dry Forward Freight Agreement (FFA) volumes hit 2,524,271 lots, up 61% on 2020. Options trading in