Despite diverging pandemic paths in the world, global growth is forecast to reach 6% this year, according to the International Monetary Fund, following a 3.3% contraction last year. There are, however, still plenty of downside risks, especi

Norwegian cod-farming venture scores industry first and cements yet another strategic milestone with major world-class aquaculture certification. Trondheim-headquartered Norcod is the worlds first dedicated cod-farming operation to secure c

Optimarin is eyeing a Spanish market fiesta for its leading ballast water treatment system (BWTS) after bringing onboard Madrid-based Llalco Fluid Technology to boost regional sales. Llalco has been appointed to act as agent for Optimarin u

The 318,000 DWT very large crude carrier built by DSICs Bohai Shipbuilding Heavy Industry for KOTC was successfully delivered on May 28. The ship, independently developed and designed by Bohai Shipbuilding Heavy Industry, has reached the in

Increasing infection rates in key crew source countries and stricter crew-change protocols in major crew-change hubs are seen as main drivers for delayed and complicated crew changes. The Neptune Declaration Crew Change Indicator is based o

On May 31, Shanghai Waigaoqiao Shipbuilding successfully christened the 210,000 DWT Newcastlemax bulk carrier PENG MAY built for Foremost Group. This is the ninth of the 10 bulk carriers of this batch built by Waigaoqiao Shipbuilding for Fo

Cargo throughput at Chinas ports posted stable growth in April as the countrys foreign trade continued robust expansion, data from the Ministry of Transport shows. Cargo throughput at Chinas ports posted stable growth in April as the countr

The range of possible blending components for 0.5% sulfur fuel oil and the impact this has on the fuel parameters is undermining the markets appetite to hedge against VLSFO price volatility some 18 months after the IMO rules came into place

Yang Ming Marine Transport Corp. (Yang Ming) took delivery of one more new 11,000 TEU container vessel, YM Tiptop to further enhance Yang Mings operating competitiveness. The vessel will be deployed to Far East - South America service SA3 a

The Shipping-KPI platform faced by users today is much different compared to only half a year ago. Recent major improvements include: Launching the updated Shipping-KPI Changing the benchmarking concept to ranking Improved user roles Adding

Under Francis Sarres chairmanship, BIMCOs Documentary Committee has adopted more than 50 contracts and clauses. Sarre has, amongst many other high-profile projects, spearheaded BIMCOs move into the ship financing area with the development o

The 23000TEU dual-fuel powered ship is the worlds first ultra-large container ship with membrane fuel tanks and dual fuel propulsion. It uses LNG as the main fuel, uses WinGD dual fuel main engine, and is equipped with the worlds first GTT

Siv Remy-Vangen, the CEO of Maritime Bergen, has been awarded the LeaderShip Award 2021 by WISTA Norway. She receives the award in recognition of her important work in growing and future proofing the maritime industry with a clear focus on

On May 28, the worlds first dual-fuel VLCC 2x3500m C-type LNG cryogenic storage tank built by Dalian Shipbuilding Industry for COSCO SHIPPING Group was successfully delivered. The tank is the key supporting product of the worlds first LNG-p

OVERVIEW Shanghai MSAwill conduct operational test inspection to ensure safe operation onboard. The inspection will be carried outfrom 1, June to 30, June,2021.Andall ships falling within the scope of targeting rules either from China MSA o