Ports in some Southeast Asian countries have encountered a new round of freight rate surge since late November, driven by US port congestions and booming market demand for much-needed Chinese goods less than two months before the Chinese Ne

The Baltic Exchanges dry bulk sea freight index advanced on Wednesday, steered by gains in the capesize and supramax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, gained 71 points, or

Nor-Shipping 2022 has moved swiftly to reiterate its commitment to running a safe, secure and optimal environment for business and networking in line with the very latest coronavirus restrictions. New, temporary national restrictions in Nor

When building frigates for close combat, the selection of the filtration system for the engine turbines may not seem the most vital aspect, but is essential for reliable operation and to enable the ship to respond swiftly. The Italian and,

A global survey published by Container xChange today shows that majority of the container logistics industry (75%) is rethinking its logistics strategy in the next year. The survey results indicate that the industry is expecting gloomy time

Gard announced today that Andr Werner Kroneberg will be replacing Mark Russell as Managing Director of the Hong Kong office from 1 January 2022. Andr is currently Chief Underwriting Officer in Asia, a role he will retain. Mark will be retur

The container shortage that recently beset China has gradually eased amid multiple measures taken by government organs and businesses to boost supply and ensure the smooth flow of goods, official data showed. Cargo throughput at Chinas port

Chinas iron ore imports rose 14.6% in November from a month earlier to hit their highest since July 2020, customs data showed on Tuesday, although a sluggish steel market damped demand for the raw material. The worlds biggest consumer of ir

On December 7, China Development Bank Leasing announced that it would buy nine product/chemical tankers at a cost of 172 million US dollars (about 1.095 billion yuan). Vendors are TORM Singapore Pte. Ltd and Vesselco 10 Pte. Ltd, which are

BIMCOs Documentary Committee has approved a new standard contract for security escort vessels (SEVs). The standard is a balanced contractual framework for SEVs that accompany merchant ships in high threat areas such as the Gulf of Guinea wh

Pavilion Energy Trading Supply Pte. Ltd.1, QatarEnergy and Chevron U.S.A. Inc (Singapore branch) today announced they have jointly published a quantification and reporting methodology to produce a statement of greenhouse gas emissions (SGE)

Have a classroom learning experience any time, from anywhere, using the most realistic and immersive learning technologies in maritime. Overview Take your training to the next level with Wrtsil Voyages award-winning cloud simulation solutio

New regulation from the International Maritime Organization (IMO), which will require existing ships to reduce carbon emissions, is due to enter into force in just under one year. As compliance will benefit to a large extent from co-operati

Lloyds Register (LR) has launched an Artificial Intelligence (AI) Register , a standardised digital register of LR certified AI providers and solutions, a first of its kind for the maritime industry. AI technology, the engineered systems th

Maritime classification society the American Bureau of Shipping (ABS) has granted Alfa Laval the first marine approval for operating boilers on methanol. Alfa Laval received an approval in principle (AIP) on 4 November 2021, based on extens