The resurgence of Covid-19 in India has prompted fresh lockdowns across a number of states. While ports, steelmaking plants and refineries are deemed essential businesses and continue to operate, disruptions should be expected in the follow

With 20 years in the industry, Ecochlor has a long history of providing timely and expert support to their customers in keeping their ballast water management systems(BWMS) in compliance. They are not in this business for the short-term, th

CMES released its financial results for the first quarter of 2021, during which the company achieved an operating income of 3.596 billion yuan, down 24.81% compared with the same period last year. Net profit attributable to shareholders of

BOMESC Offshore Engineering Company Limited and MODEC Offshore Production Systems (Singapore) Pte. Ltd., a subsidiary of MODEC, Inc., signed an FPSO module design and construction contract. The FPSO, named Anita Garibaldi MV33, will be depl

TheToday Show by Nor-Shipping, the new maritime and ocean industries online talk show, has revealed its first guests, with DNB CEO Kjerstin Braathen and DNV counterpart Remi Eriksen heading to the studio for a high level Power Players discu

Long-term contracted ocean freight rates are continuing their dizzying ascent, with a 4.1% climb in April leaving container shipping costs up 21.1% year-on-year, with a rise of 23.5% since December 2020. According to the latest market intel

On April 28, the unveiling ceremony of the Engineering Management Center, the Future Development Research Center, the Equipment Support Center and the Planning and Development Research Center of CSSC was held in Beijing. Lei Fanpei pointed

China has announced the removal of VAT rebates on exports of 146 steel products from May 1, a move the market had been widely anticipating since February. The rebate of 13% of the VAT charged on exports of hot rolled coil, wire rod and reba

A solar panel retrofitting project for a ferry in the Pacific under the MTCC Pacific showed fuel savings of 32% in operation and 87% reduction in GHG emissions at anchor. A key project to support the reduction of GHG emissions from shipping

Chinas surging imports of metals, grain and other commodities are providing a boost to a bulk-shipping sector at the center of global industrial production. Daily freight rates for capesize ships, the largest bulk carriers, jumped to an 18-

The northern Chinese port city of Tianjin saw its foreign trade surge 17.5 percent year-on-year to 184.9 billion yuan (about $28.5 billion) in the first quarter of this year, data from Tianjin Customs showed. The citys imports rose 5.7 perc

In the past year the spikes in the Capesize index have generally been accompanied by some form of ballaster tightness and this rally is no different, however so far it appears the rally is out of proportion to this ballaster deficit. We can

The announcement comes at a time when pirates continue to wreak havoc in the busy waters of Gulf of Guinea at distances more than 200 nautical miles from Nigeria. The situation has led several EU countries including France, Spain, Italy, Be

Recently, several queries were received from the Club seeking our experiences in handling cases when the shortage of discharged quantity did not exceed 0.5% and the consignee still claimed for shortage on the ground of short loading at the

On April 26, Hoegh Autoliners, a Norwegian shipping company, announced the launch of its Aurora series car carrier in an effort to decarbonize the shipping industry. The design of this series of ships will be developed in collaboration with