Industry coalition SEA-LNG recognises significant growth in LNG-fuelled vessel orders in 2021. According to the latest report from Clarkson Research Services, LNG-fuelled vessel orders are approaching 30% of Gross Tonnage on order, represen

The Baltic Exchanges main dry bulk sea freight index dropped on Tuesday to its lowest since mid-August, as demand eased across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize vess

ContainerxChange ,worlds leadingneutral online platform for container logistics, has published dataoninboundand outbound containersat theUS West Coast ports -ports of Los Angeles and Long Beachas demand surges and retailers pile up stoc

A confluence of factors across energy markets is strengthening the outlook for seaborne thermal coal demand, as demonstrated by soaring prices. Gas storage levels in Europe have been building considerably slower than hoped due to a lack of

Bridge Protect Defends Against Cyber Attacks and Malware Infections Elcome International , one of the worlds largest distributors of nautical charts and publications, has created a new secure tool to prevent viruses, malware or corrupted fi

The data shows that the order volume of container ships has reached the highest level in history this year. Since the beginning of this year, due to the increase of logistics volume, the sea freight rates have reached the highest level in h

On the afternoon of September 3, CSSC Chengxi Shipyard and a Dutch shipowner company successfully signed a 1+1 37,000DWT asphaltum carrier construction contract. The order for CSSC Chengxi came from the global trading giant Vitol. Vitols su

The Baltic Exchanges main dry bulk sea freight index on Monday fell to a two-week low on declining rates across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell 122 p

Iron ore prices tumbled more than 5% on Monday, with the Dalian benchmark hitting its lowest in seven months, on rising portside stocks of the steelmaking ingredient in China due to increased shipments and weak domestic demand. The most-tra

What is happening? An attempted coup is underway in Guinea. A military group seized power in the capital city of Conakry yesterday detaining the president, dissolving the constitution and closing the countrys borders. Which commodities are

IUMI (International Union of Marine Insurance) fully supports the shipping industrys move to decarbonisation but recognises that adequate risk management provision must be in place to underpin the transition. New fuel types such as ammonia

Join us in the webinar on The Role of Maritime Transport Trade in the Post-COVID Recovery Jointly organised by International Chamber of Shipping (ICS) and the Asian Shipowners Association (ASA), this webinar provides insights on multilatera

On September 3, the worlds first LNG dual fuel VLCC 91 built by Dalian Shipbuilding Industry for COSCO SHIPPING Energy Transportation successfully completed the underwater construction and started its sea trial. The ship is LNG powered, sup

To respond to the national strategy of peak emissions and carbon neutrality, improve the resource utilization ratio, improve the ecosystem and protect the environment, Shanghai Huanyu Container Factory, a subsidiary of COSCO SHIPPING Develo

Veniamis E. Theodore, President, Union of Greek Shipowners With a fleet of 4,901 vessels, Greek shipowners control 19.42% of global deadweight tonnage (dwt). In 2020, the Greek-owned fleet grew by over 4% to approximately 364 million dwt. T