At present, the continuous prosperity of the international shipping market has stimulated the enthusiasm of shipowners to invest in new ships, and the major shipowners have ordered and built new ships in batches. From January to April 2021,

For European exporters looking to source shipping containers, existing shortages could deteriorate significantly in the coming weeks, according to the latest data from Container xChange, the worlds leading online platform for the leasing an

On May 24, China Merchants Jinling Shipyard (Weihai) launched the seventh high-end ro-ro passenger ship W0270 for the owner of STENA. It took 105 days from staging to launching, setting a record of the shortest period for a ship of its type

Commissioned by our entrusting party, Guangzhou Shipping Exchange Co., Ltd. (GSE) and Guangzhou Hang Qing Bao Auction Co., Ltd.determines to organize an online bidding for an LCT typeself-propelleddeck barge named TONG SHENG 1401. The annou

Following recent epidemic situation in India, many Chinese ports have enhanced epidemic control and prevention and implemented additional requirements on vessels that have called India or had crew change in Indian ports recently. Briefly, w

Premier Li Keqiang urged efforts to build Zhejiang into a strategic transfer station for bulk commodities during his inspection tour in the East China province on May 24. At the latest executive meeting of the State Council, the Premier mad

Chinese authorities have admonished key enterprises in the bulk commodity sector to rein in market irregularities and keep commodity prices stable, according to the National Development and Reform Commission (NDRC). The NDRC, together with

Several key Chinese provinces have issued warnings of power shortages in the upcoming summer due to insufficient generation capacity and strong economic activity, which could tighten markets for key fuels like LNG and boost prices in the As

Its been a busy weekend of back and forths between Japanese shipowner Shoei Kisen and the Suez Canal Authority over the future of the 20,388 teu containership Ever Given, currently under arrest in the Great Bitter Lake having grounded and b

Chinas index of export container transport went up in the past week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 2,216.63, up 3.9 percent from a week earlier, acco

Leading classification society DNV has awarded an Approval in Principle (AiP) to Singapore-based Keppel Offshore Marine (Keppel OM) for its proprietary AssetCare system, a suite of digital services to support an assets lifecycle needs. The

On May 21, CDB Leasing announced that eight wholly-owned SPV companies (as the new buyer) entered into a shipbuilding contract assignment agreement with the original buyer, Hong Kong Hengyi Logistics Co., Ltd., the seller Guangzhou Shipyard

On May 20, China Shipbuilding Trading, Qingdao Beihai Shipbuilding Heavy Industry, and Chinese Maritime Transport, held the cloud signing ceremony of two 210,000 dwt bulk carrier projects in Hong Kong, Taipei and Qingdao via video. The cons

Seaspan LNG completed a letter of intent with Natong China International Marine Containers Sinopacific Offshore Engineering to build an LNG bunker vessel for the Vancouver, Canada, port, Seaspan LNG said. We look forward to continuing to de

Transportation demand remained strong, and the composite index continued to rise Ningbo Containerized Freight Index: In the week ending May-21, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2884.