The freight rates of some routes retraced, and the composite index maintained an upward trend Ningbo Containerized Freight Index: In the week ending Jul-9, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE)

China has been striving to promote the development of the maritime sector, aiming to build a modern international logistics chain that is safe and stable, industry insiders said at China Maritime Forumat on Sunday. Government officials, bus

In response to media queries, the Maritime and Port Authority of Singapore (MPA) confirmed that the Liberia-registered container ship,MSC MESSINA(MM), has arrived in Singapore. A fire had occurred in the engine room of MM on 25 June 2021 in

Singapore has maintained its lead in the Xinhua-Baltic International Shipping Centre Development (ISCD) Index as the worlds top maritime centre for the eighth year running. The index is an independent ranking of the performance of 43 cities

Halfway There The 1 st half of last year may have seen extreme fluctuations as a result of Covid-19 and the oil price war, with the past six months being rather unassuming in comparison. Nonetheless, 1H2021 witnessed rates and earnings on s

The Xinhua-Baltic International Shipping Centre Development Index, published by Chinese news agency, Xinhua, and global maritime data provider, the Baltic Exchange, has ranked Singapore as the top global shipping centre for the eighth year

Detailed analysis of the impact of rapidly evolving sustainability regulations on tanker vessels and the effectiveness of compliance strategies has been published by ABS. Sustainability Trends: Tankers is the first in a series of publicatio

The Italian shipowner and China Merchants Jinling Dingheng Shipyard (Yangzhou) signed a contract for 3+3 semi-cooled semi-pressurized LPG carriers. The ship is a 5000 m3 semi-cooled and semi-pressurized LPG carrier with a length of 105 mete

This signing is the first time that CHELLSHIP has ordered a new ship in a shipyard under China State Shipbuilding Corporation. CHELLSHIP is a subsidiary of CHELLARAM Group, which was established in 1916 and has developed into a large intern

On July 8, the third 180,000DWT bulk carrier CS WU HAN built by Qingdao Beihai Shipbuilding Heavy Industry for CSSC Brokerage Services was christened and delivered. CS WU HAN is a 180,000DWT bulk carrier newly developed by BSIC, with a tota

President Joe Biden will order U.S. transportation agencies in coming days to address competition in rail and sea shipping in an effort to lower the costs of shipping goods for companies, a source familiar with the plan told Reuters on Thur

The Baltic Exchanges main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as capesize vessel rates firmed. The overall index, which factors in rates for capesize, panamax and supramax shipping

Beibu Gulf Port in South Chinas Guangxi Zhuang autonomous region saw its cargo throughput rise 12.86 percent year-on-year to over 129 million tons in the first half of 2021. More than 2.6 million twenty-foot equivalent unit (TEU) containers

New technologies for greener shipping has been chosen as the World Maritime theme for 2022, reflecting the need to support a green transition of the maritime sector into a sustainable future, while leaving no one behind. The IMO Council, me

Officers fromReCAAP Contracting Partiesparticipated in a virtual lecture to deepen their understanding on legal aspects of piracy and armed robbery against ships. 60 officers from 19 ReCAAP Member States participatedvirtually in the first C