Singapores Sinogas announced the expansion of its order to build five dual-fuel VLGCs at a Chinese shipyard. The new fleet is the worlds largest dual-fuel VLGC with a cargo capacity of 93,000CBM, of which 2 new ships have been confirmed, an

Huawei launched its Smart Port Solution at HUAWEI CONNECT 2021. As part of the Smart Customs Integrated Solution, the solution builds digital management capabilities based on all factors people, vehicles, goods, enterprises, and places in p

In August 2021, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 185.45 points,up 4.24% from the previous month and up 28.84% year-on-year; the export trade

Seably, the global online marketplace for maritime training, is broadening its extensive library of maritime training courses with the launch of new and exclusive dedicated courses for the Superyacht Industry. The bespoke courses, launched

Deputy Secretary General, Sren Larsen, is expected to relocate to Singapore in the first quarter of 2022 to facilitate BIMCOs ambition to strengthen support to members and the wider maritime community in the region. The BIMCO Singapore offi

Price Pain The current strength in gas prices is having major ramifications for global energy markets. Record prices in Europe and Asia are forcing utility firms to look for alternative energy sources and have pushed some companies into ban

On September 22, the signing ceremony for Dalian Taiping Bay Cooperation and Innovation Zone was held. At the ceremony, China Merchants Group and Dalian, Liaoning province signed the Cooperation Agreement on the Development and Construction

Wan Hai Lines issued two announcements, both involving container ordering. According to the announcement, due to the replacement of the old and the business needs, Wan Hai ordered 30,000 TEU of containers from CIMC, with an average unit pri

Chinas Ministry of Transportation issued a plan on Thursday for the construction of new types of basic infrastructure over the next five years, under which accelerating the building of intelligent and unmanned ports was listed as a priority

Shanghai reported surging growth in the export of containers and container ships in the first eight months of this year, local customs said on Wednesday. From January to August, Shanghai exported 246,000 containers, up twofold from the same

Strong rates across dry bulk vessel segments drove the Baltic Exchanges main sea freight index to their highest since 2009 on Thursday. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 91

Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of 2021 compared to 2020, with imports so far this year totalling 26.1m tonnes. The highest increase has been rec

Falling iron ore prices have glided through the top layer of the cost curve as a number of small Australian producers are reporting output cuts due to unprofitability. Low grade (58%) iron ore is fetching around $74 CFR China according to F

Finding effective solutions to the worlds carbon emission problem can only come through wide collaboration because of the scale of the issue and its urgency, a panel on decarbonisation at the Sea Asia 2021 virtual conference said. All stake

It is clear from the panelists at the Sea Asia 2021 virtual conference that there will be increasing use of artificial intelligence (AI) in the maritime industry and in order to prepare for this, companies need to ensure their decision make