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.

Following a general review, the report generator is now reinstated, allowing generation on both KPI and Ranking overview. Please note that the below hyperlinks only work for BIMCO Shipping KPI users being logged on to the www.shipping-kpi.o

PowerCell Sweden AB is now presenting PowerCellution Marine System 200, an industrialized high-power fuel cell module with low weight and a compact format, especially developed for the electrification of marine applications. Marie System 20

Members and Assureds will be aware, from the Clubs Circular in May 2020, of a case where illegal narcotics were found on board a vessel in Mexico and the vessel and crew were detained (click here to access the Circular). However, the number

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nat

The Maritime Safety Committee 103 meeting (MSC 103) of the International Maritime Organization (IMO) was held 5 to 14 May 2021. Several important decisions were made that will affect shipowners directly. These include upcoming changes to fi