The World Economic Forum, in partnership with US Special Presidential Envoy for Climate John Kerry, announced the First Movers Coalition, a new platform for companies to make purchasing commitments that create new market demand for low and

Over the past year, strong cargo volumes on Supramax Handysize have boosted their earnings considerably. Whilst Panamaxes have fared very well in this market, they have not outperformed the smaller vessel classes as poor coal volumes, chang

Recently, Headway Technology Group Co., Ltd. has entered into a contract with Tai Xin Sheng Shipping Co., Ltd. to supply OceanGuard Marine Fuel Supply System (FGSS) for 2 ships of Type 130 Bulk Carriers navigating on Yangtze River with the

Chinese President Xi Jinping has sent a congratulatory letter to the 2021 North Bund Forum on international shipping, which opened Thursday in Shanghai. The shipping industry is an important guarantee for the development of international tr

Campaigning medical charity Mercy Ships is looking to Nor-Shipping 2022, taking place 10-13 January, to build support ahead of the launch ofGlobal Mercy, the worlds largest NGO hospital ship. The organisation has secured a place as Nor-Ship

The boom in the containerized shipping market has led more and more shipowners to run into the market and place orders for new container ships. As a result, this year saw an unprecedented wave of orders. New container ship orders in the fir

The cargo shipSebring Express, operated by ZIM Integrated Shipping Services Ltd (ZIM), on Nov 2 docked at the Dagang area of Qingdao Port the major port which is a subsidiary of Shandong Port Group or SPG, based in the city of Qingdao, in E

The current container ship chartering rate is still 3 to 4 times that of the beginning of the year. According to Howe Robinson Containership Index, six of the 18 indexes covering different ship types fell by 2.1% ~ 21.4% in the last week, a

The Board of Directors of China Merchants Port Holdings Company Limited announces that with effect from 3 November 2021, Mr. Wang Xiufeng has been redesignated from the Managing Director of the Company to the Vice Chairman of the Board and

The Baltic Exchanges dry bulk sea freight index dropped to its lowest in five months on Wednesday, as rates across vessel segments fell. The overall index, which factors in rates for capesize, panamax and supramax vessels, fell by 295 point

The CMA CGM Group, a world leader in shipping and logistics, has signed an agreement to acquire 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles, currently held by EQT Infrastructure III, based on an enterprise value of

Inclusion of shipping inthe EU ETS will encourage shippings journey towards decarbonisation, but EU action threatens to undermine broader international progress if the ETS extends outside of the EU, says World Shipping Council (WSC). The EU

On November 1, the Hong Kong Shipowners Association(HKSOA) hosted the inaugural Greater Bay Maritime Forum, with over 300 key personalities from the shipping community in the Greater Bay Area (GBA) and many other parts of the world taking p

On November 2, the Green Pearl River project LNG single fuel-powered ship, the first two types of ships-3000DWT bulk carrier DA FENG 3001, 2000DWT bulk carrier ZHONG HE 2001 were successfully delivered, marking the phased achievements of CS

According to CCTV news, since the beginning of this year, the shipping industry has maintained a high degree of prosperity, and the freight rates of dry bulk shipping have been rising. For example, the Handymax carrier had a chartering rate