Steel futures prices in China jumped on Monday, with hot-rolled coils and construction rebar climbing more than 4% in intraday trade to narrow the gap with spot prices, as traders cheered a marginal improvement in consumption of industrial

Chinas exports of clean marine bunker, also known as very low-sulphur fuel oil (VLSFO), rose 22.6% in October from a year earlier, as the price gap between Zhoushan and Singapore narrowed and refiners acquired new export quotas. Shipments o

The 11th Maritime Public Leaders Programme (MPLP) welcomes 15 maritime leaders from 14 countries to interact and exchange ideas on the global shipping industry and the impact caused by COVID-19. Held virtually from 22 to 26 November 2021, M

In no less than 62 hours of rigorous offshore testing, tech scale-up Seaqualize successfully completed offshore trials for its inline Active Heave Compensator (iAHC), the Delta600. Together with testing partners Van Oord and nautical resear

OnNovember 20, Chinasfirst coastalLNGship bunkering station constructed and operated byCNOOCGasPowerGroupwas officially put into operation atMacun Port Terminal in Chengmai County, Hainan Province. The commissioning of this bunkering statio

A passage through the Suez Canal is by no means plain sailing. It requires a raft of complex bureaucratic approvals, timely logistics, tight scheduling and close monitoring to ensure the smooth transit of between 50 and 70 ships daily along

The relationship between supply and demand had eased, and the freight rates of most routes has fallen Ningbo Containerized Freight Index: In the week ending Nov-12, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchang

On November 19, Yangzijiang ShippingandJiangsu YangziMitsuiShipbuilding signed a contract for the construction of four 82,300DWT bulk carriers. The project was classified intoLRand is scheduled to be completed and delivered within2023. The

The worlds first electric and self-propelled container shipYara Birkelandhasdeparted for its maiden voyagein the Oslo fjord.Today, the Norwegian Prime Ministerwas given a tour byCEO of Yara, Svein Tore Holsether. We are proud to be able to

A growing number of anchor losses, anchor dragging, and anchor removal cases prompted DNV, Gard and The Swedish Club to collaborate on an anchor loss awareness campaign back in 2016. Despite the awareness raised then on the most frequent te

Penalty helps clear congestion but much more work remains to be done The Port of Los Angeles on Monday was expected to start charging a daily fee of $100 to ocean carriers that deposit goods-laden containers on its docks for each container

One week after Glasgow, 174 governments will meet this week at the International Maritime Organization (IMO) in London to address the pressing carbon emission reduction challenges facing international shipping, in what industry is calling t

COP26 Key Takeaways As dust settles on COP26, it is time to reflect on what has actually been achieved. A number of agreements were reached, although not all are related to shipping. Perhaps the most important outcome is the pledge signed b

Marintec China, the largest and the most important maritime event of the year, was scheduled to be held on the 7-10 December 2021 at the Shanghai New International Expo Centre, it is announced today the 21st edition will have to be reschedu

Norwegian aquaculture player Norcod and Myre-based Vesterlen Havbruk have entered into a landmark partnership for the harvesting of all Norcods farmed cod volumes from its Frosvika facility in the municipality Mely in Nordland county. The a