Though international shipping freight rates have been declining recently, the already high rates may stay as Chinese production activities as well as foreign demand for Chinese goods pick up ahead of Christmas and the New Year, Chinese trad

The Baltic Exchanges dry bulk sea freight index dipped to its lowest in a week on Monday, pressured by declines in the larger capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax

The IPEC 2021 Commodity Investment and Trade Promotion Month in Zhoushan, Zhejiang province, served as a platform for exchange and cooperation in the global oil industry, senior officials said. It has become an important carrier for global

SeafrigoGroup, world specialist in temperature-controlled food logistics. SeafrigoGroup pursues its development and inaugurates a new 60,000m (650,000sq.ft.) ambient temperature logistics platform in Le Havre, in the port area and in the im

The market is heating up for ballast water treatment (BWT) systems amid a retrofit rush that has resulted in a recent surge of orders for leading supplier Optimarin and it says fast-track delivery is vital to meet soaring demand. Shipowners

With Nor-Shipping 2022 on the horizon, Norwegian Maritime Exporters (NME) is looking forward to a return to full-scale exhibitions, face-to-face meetings and a unique Winter Wonderland for international visitors. ErlendPrytz is a man who li

The 7800DWT multi-purpose ship series shipbuilding contract signed between Wuhu Shipyard and Finnish shipowner Langh Ship successfully took effect. The ship meetsFinnish/Sweden 1A ice area requirements, is classified into DNV, andregistered

The profit of Yang Ming Marine has soared, and the net profit after tax in the first three quarters exceeded NT$100 billion. Yang Mings latest financial report data shows that the companys single-quarter net profit after tax in the third qu

The United Nations climate change conference concluded Saturday after a one-day extension, with negotiators agreeing on a new global pact to tackle climate change. Nearly 200 participating countries adopted the Glasgow Climate Pact at the e

On November 6, the 4th China International Import Expo (CIIE) continued in full swing at the National Exhibition and Convention Center in Shanghai (NECC). On the afternoon of November 6, enterprises under COSCO SHIPPING signed a number of p

The giant cargo ship Ever Given that blocked the Suez Canal for nearly a week in March has been repaired in east Chinas coastal city of Qingdao, local authorities said Saturday. The ship loaded 5,147 twenty-foot equivalent units (TEUs) at a

Workforce Singapore (WSG) and the Maritime and Port Authority of Singapore (MPA) have rolled out an enhanced Career Conversion Programme (CCP) for Sea Transport Professionals and Associates. Benefitting up to 300 individuals over two years,

Ocean shipping is a crucial part of the worlds interconnected transportation system, and handles more than 95 percent of Chinas global trade. Shipping costs have skyrocketed over the past year, so it was a surprise to everyone when they sta

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-5, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

You want us to do what, Joe? Its not very often that a leader of a large oil producing nation calls on other oil producing countries to actually pump more oil. But this is what Joe Biden asked for at the G20 a couple of weeks ago. This isnt