The Baltic Exchanges dry bulk sea freight index slipped on Monday as a decline in capesize rates offset gains in smaller vessel segments, although the main index held close to a 13-year high. The overall index, which factors in rates for ca

MarineMax Received a Sitecore Experience Award Honorable Mention for their Online Experience ~ MarineMax announced receiving a Sitecore Experience Award (SEA) honorable mention in the Phy-gital category for its work with Sagepath, a digital

U-Ming, SWS and Jotun have signed commercial agreement for the groundbreaking Jotun Hull Skating Solutions (HSS) for U-Mings 190,000 dwt dual fuel bulk carrier newbuilding project at Shanghai Waigaoqiao Shipyard (SWS) in Shanghai, China. Th

On October 9, worlds first side loading and parallel layout fully automated container terminal landed at Rizhao Port, Shandong Port. Rizhao Port has realized the less running of automated track cranes and the free movement of trucks in the

CIMC Raffles and Van Oord signed an EPC contract for the construction of 1+1 large wind power installation vessels. This type of ship is the worlds latest generation of wind power installation ships, designed by the Danish design company Kn

On October 9, Dalian Shipbuilding Industry,China Shipbuilding Trading and China Merchants Energy Shipping signed a contract to build a 115,000DWT crude carrier. The 115,000DWT crude carrier signed this time is a new Aframax tanker independe

A total of 2,000 tons of bunker fuel for local ships purchased by Shandong Port Qinggang Shihua Energy Development Co Ltd was recently unloaded at a new oil depot operated by Oil Port Co at Qingdao Port. The facilitys parent company is Shan

ARIES GROUP expanded their survey and Inspections portfolio to Underwater by launching an exclusive facility in UAE for Diving services and ROV Surveys. Mr. Sultan Saif Sultan Al Samahi, Member of Board of Directors Fujairah Chamber of Comm

Asia liquefied natural gas (LNG) prices soared this week, as the worlds top buyer China faced an ongoing power crunch and low inventory in Europe drove up competition for the super-chilled fuel. The average LNG price for November delivery i

The continuous recurrence of the coronavirushas intensified the conflict between the low efficiency of the global logistics chain and the blowout of market demand. Especially in North America, with the advent of the recent peak season, thre

Some routes cut prices to stock up, and the composite index began to fall Ningbo Containerized Freight Index: In the week ending Oct-1, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 4112.4 points

In a quarter, COSCO SHIPPING Holdings made more than 30 billion yuan, and it once again demonstrated its super earning ability. Throughout the first three quarters, COSCO SHIPPING Holdings expects a profit of approximately 67.6 billion yuan

Turkish shipowner Yasa Shipping ordered two 64000 DWT Ultramax bulk carriers at Dalian COSCO Khi Ship Engineering, with a total price of about US $66 million. According to the ship brokerage company, the two ships are planned to be delivere

Commodity prices are surging around the globe, so it should come as no surprise: Marine fuel is getting a lot more expensive. Thats bad news for ship operators on the cost side, and, in the container business, yet another headache for cargo

Since 2021, the overall international shipbuilding market has been significantly boosted, and the global demand for new ships has rebounded significantly. According to Clarkson data, in the first three quarters, more than 350 shipowners aro