Chinese coke futures rose as much as 6% to close at a three-week high on Thursday, buoyed by fears of falling supplies and resilient demand from steel mills. The market is paying increasing attention to annual coke production target in Shan

Based on information provided by a BIMCO owner member, BIMCO updates the information on UN 3077 environmentally hazardous solid bulk cargoes and its relation with the International Maritime Solid Bulk Cargoes ( IMSBC) Code. Subsequent to th

Takingactionwas the overriding theme of Ocean Now this week, a new two-day, hybrid event launched by Nor-Shipping. Despite the fact that global industry stakeholders are still grounded by travel restrictions, the desire, and need, to connec

Chinas hog industry has transformed over the last few decades as countless unsophisticated backyard farms have been converted into an industry sporting multi-storey farms with AI technology. This switch has been ongoing for decades, but rap

The 8,500TEU container ship, OOCL Durban has collided with bridge crane at the Port of Kaohsiung. The 8,500TEU OOCL Durban has crashed with the No. 70 Yangming Wharf bridge crane at the Port of Kaohsiung in Taiwan causing two cranes to coll

Just-in-time arrivals will revolutionise how port calls are organised, but it is only the first step in the transformation as more port stakeholder systems deploy artificial intelligence. Just-in-time arrivals have become a hot topic as por

The Sri Lankan Navy on Wednesday said that operations to tow the burnt X Press Pearl ship had been halted after the rear end of the vessel had hit the sea bed. Navy Spokesman Captain Indika De Silva told Xinhua that following a few hours of

Canadian shipowner Algoma Central Corporation has announced the execution of an alternative order for an additional Seawaw-Max self-unloading bulk carrier in Yangzijiang Shipbuilding. The new vessel will be Algomas first Equinox 2.0 bulk ca

The Baltic exchanges main sea freight index slipped for a sixth straight session on Wednesday due to a fall in capesize rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities

On 1 June 2021, China Merchants Port Holdings Company Limited, held an Annual General Meeting (AGM) in Hong Kong. The AGM was hosted by Mr. Zheng Shaoping, the Executive Director and Deputy General Manager of CMPort. Mr. Vincent Lu, Deputy

Carbon emissions produced from seaborne coal exports stayed steady last year despite the impact of the coronavirus on consumption, a study showed on Wednesday, although the sector faces growing environmental scrutiny. Coal is among the bigg

New technologies have enabled Tianjin Port, an important shipping hub in North China, to achieve an intelligent transformation. China Mobile and Huawei have jointly launched pilot applications of 5G, AI, cloud computing and other new techno

DNV, the worlds leading classification society, has awarded IC Technology (ICT) an Approval in Principle (AiP) for its new liquid hydrogen membrane type containment system. Hydrogen is emerging as a key to enabling the energy transition, in

A Singapore-registered containership X-Press Pearl had caught fire on 20 May 2021 in the waters of Sri Lanka after departing from the Indian port of Hazira. As reported by the ship operator, X-Press Feeders, the ship was carrying 1,486 cont

Volvo Penta is expanding its capabilities, experience, and range by becoming the majority shareholder of Norwegian marine battery and electric driveline solutions supplier ZEM AS. Volvo Penta has announced an exciting new acquisition of ZEM