Capital Gas Ship Management Corp. took successful delivery today of the newbuilding LNG Carrier Aristarchos, built by Hyundai Heavy Industries, S.Korea. With cargo capacity of 174,000 m3, the vessel is highly efficient, propelled with XDF e

Sinopecs first offshore mobile bunkering station, bunkering vessel Run Ji 1, was put into operation on June 11. It will provide low-sulfur heavy clean marine bunker oil and integrated ship services to international sailing ships. Run Ji 1 i

As of the end of April 2021, Yangzijiang Shipbuilding has secured 75 new orders for ships with a total contract value of $4.01 billion this year. However, Yangzijiang has not stopped taking orders, the company received another order for thr

DNV, the worlds leading classification society, has launched Compliance Planner a new digital tool that enables DNV customers to easily track the requirements and deadlines of legislation for both individual vessels and entire fleets. As bo

As Sri Lanka deals with its worst marine ecological disaster after the sinking of a Singapore-registered container ship, questions have been raised about who bears the responsibilities in maritime incidents. The stricken ship, X-Press Pearl

With the support and guidance of governments, and under the premise of ensuring that the epidemic is safe and controllable, Yantian International Container Terminals has actively taken measures to steadily resume normal production operation

Pacific Basin , one of the worlds leading owners and operators of modern Handysize and Supramax dry bulk ships, is on a path toward decarbonization a sustainable movement sweeping through the shipping industry. As part of this ongoing strat

The Baltic exchanges main sea freight index rose for the fourth straight session on Monday to its highest in a month, supported by higher rates across vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supra

Come Fly With Me With the summer holiday season nearly upon us, attention turns to the state of the jet fuel market as it contends with the opposing forces of rising demand and on-going Covid-19 travel restrictions. Naturally the sector has

On June 10, an 81,000 DWT bulk carrier, GOLDEN FURIOUS, built for Norways Frontline, was successfully delivered by China Shipbuilding Trading and DSIC Shanhaiguan Shipbuilding Industry. GOLDEN FURIOUS is about 229 meters in length, 32.26 me

Xeneta, the leading ocean and air freight rate benchmarking platform and container shipping index, announces the integration of CLIVE Data Services dynamic loadfactor data and analyses to deliver a full picture of air cargo market performan

Evergreen Marines revenue and profit both hit record highs in May. On June 8, Evergreen announced its May results. The monthly revenue reached NT$34.442 billion (approximately RMB 7.937 billion), an increase of 145.52% year-on-year; Net pro

ABS has published guidance on improving data quality in the latest stage of its commitment to guiding the marine and offshore industries adoption of digital technologies. The ABS Advisory on Data Quality for Marine and Offshore Application

Europes third largest port will soon have a new Chinese shareholder! COSCO Shipping Ports, a subsidiary of COSCO Shipping Group, will take a stake in the container terminal of Hamburg, Germanys largest port, in what is expected to be the fi

China has sent officials to inspect coal inventories and crack down on illicit hoarding at ports, following a surge of physical coal prices and tight supplies in the market ahead of the peak consumption season. Officials conducted research