After a rare dip in long-term contracted ocean freight rates in December and January, container shipping costs are rising once again, with a 3.9% increase in February. The development, revealed in the latest Xeneta Shipping Index (XSI) Publ

On February 28, Hudong Zhonghua Shipbuilding and China Shipbuilding Trading, as joint sellers,delivered the fifth 15,000TEU ultra-large container ship CMA CGM ADONIS to CMA CGM. The christening and delivery of the ship marks the successful

International support for anti-piracy operations in the Gulf of Guinea by non-regional navies is growing. BIMCO strongly supports the efforts and is committed to stimulating discussions and finding solutions to repress piracy in the region.

On February 21, the 2nd Influential Chinese Brands Award Ceremony organized by China Central Television (CCTV) was held and broadcasted on CCTVs financial channel. With the theme of Building National Confidence with the Power of Brands, the

Bidding Announcement of MV Seacon Singapore Commissioned by ourentrusting party, Guangzhou Shipping Exchange Co., Ltd. (GSE) and Hang Qing Bao Auction Co., Ltd. determines to organize an online bidding for a supramax bulk carrier named Seac

The Suez Canal Authority will increase tolls for laden and ballast vessels transiting the key waterway by 5%-10% from March 1, it said late on Feb. 27. The hike was made in line with the significant growth in global trade, the improvement o

China remains the most important trading partner of Germanys largest universal port Hamburg, Port of Hamburg Marketing (HHM) said on Monday. The decline in seaborne container throughput with China recorded in the first COVID-19 year of 2020

China will take effective measures to strengthen the regulation and supervision of iron ore prices, the countrys top economic regulator said on Monday. The National Development and Reform Commission said in a statement it will make further

In response to President Bidens planned attack on ocean carriers during Tuesdays State of the Union Address, the World Shipping Council released the following statement: It is unfortunate that the President is demonizing ocean carriers, the

The worlds first LNG dual-fuel VLCC the YUAN RUI YANG is being delivered today February 28 at Dalian Shipbuilding Industry Company (DSIC) for shipping giant COSCO, the vessel isclassedby China Classification Society (CCS). Mr. Huang Xiaowen

The escalating Ukraine-Russia crisis has hindered and disrupted commercial shipment of bulk goods involving energy and grain transportation with the Ukraine army shutting downports and shipping routes, prompting five-fold pricing hikes of o

Data-driven operational efficiencies on existing ships will be necessary to achieve emissions cuts required to reach IMO targets. But a proliferation of new digital solutions in recent years has resulted in an overwhelming software market t

The removal ofallnational coronavirus restrictions in Norway, added to easier international travel, is set to deliver a long-awaited gathering point for top industry leaders at Nor-Shippings Ocean Leadership Conference on 4 April. The event

IRClass Academy, the training arm of Indian Register of Shipping , has signed a Memorandum of Understanding [MOU] with Singapore-based marine and offshore asset integrity management consultant and designer CSIM Systems Pte Ltd (CSIM). The t

Indian Register of Shipping has successfully completed Condition Assessment Programme (CAP) certification of 4 vessels of MOL Tankship Management Pte. Ltd., Singapore. CAP certificates were issued to 2 Very Large Crude Carriers (VLCCs) 2 Li