China is expected to make strenuous efforts to promote high-quality development of foreign trade during the 14th Five-Year Plan period (2021-25), which will pivot on high-level opening-up, innovation and green development, said government o

The Baltic Exchanges dry bulk sea freight index snapped four straight sessions of gains on Wednesday as a drop in capesize rates outweighed gains in the smaller vessel segments. The overall index, which factors in rates for capesize, panama

The US soybean exports to China in October fell sharply compared with last year amid logistical disruptions caused by Hurricane Ida in the US Gulf Coast, market sources told SP Global Platts Nov. 23. According to Chinas monthly customs repo

The volume of coal transported by trains and ships in China saw a surge in October and November amid the countrys solid efforts to ensure stability in coal supply during this winter, official data showed. On average, about 86,300 trains loa

On the International Maritime Organizations Marine Environment Protection Committee meeting this week (IMOs MEPC 77, 22-26 Nov. 2021), INTERCARGO said: Given the harsh realities and the tremendous challenges of decarbonisation and of the as

P4G Study: There are several potential pathways for Indonesia to develop new decarbonized fuels to serve its thriving shipping sector A study by Ricardo for the P4G Getting to Zero Coalition Partnership finds that Indonesias location,econom

With an order of 900 PrimeLINE units from Carrier Transicold, Korea Marine Transport Containers (KMTC) is expanding its refrigerated cargo fleet and replacing older units. The PrimeLINE unit is a container refrigeration unit designed for wo

Sustainability: from outer space to the ocean space KONGSBERG CEO Geir Hy is focused on harnessing the diverse technology, skills and knowledge of the group to play a crucial role in supporting industrys energy transition. Here he explains,

Taking a mid/long-term view, we maintain a Positive stance towards the shipbuilding sector. The sector is expected to see healthy new orders next year. In 1H22, LNGC orders from Qatar are expected, and in 2H22, the tanker segment should rec

Recently, the Chinese Ministry of Industry and Information Technology (MIIT) announced the third batch of green design demonstration enterprises for industrial products, with Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) being includ

On November 16, the 2021 APEC Smart Port Development Forum was held online by APEC Port Services Network (APSN). COSCO SHIPPING Ports was invited to participate in the event and delivered a keynote speech on Smart Port Development Trends an

During the epidemic, the seafarers labor treatment standards were officially released, and the minimum base salary for Chinese seafarers will increase by 7% On November 22,Chinese Seamen Construction Workers Union andChina Shipowners Associ

Well-known shipping industry executive Frank Coles announced his next career move joining a Germany-based startup green technology company Marine Digital. Always outspoken, and sometimes controversial in his viewpoints, Coles, who most rece

Swiss engine designer WinGD has announced that its engines will be able to run on methanol and ammonia from 2024 and 2025 respectively. WinGDs multi-fuel solutions will be based on their well-established diesel-fueled X engines and dual-fue

Three Winners announced at the Smart Port Challenge 2021 Grand Final The Maritime and Port Authority of Singapore (MPA) and the National University of Singapore (NUS) renewed its partnership to strengthen the maritime technology (MarineTech