The 210,000 dwt bulk carrier SHANDONG SOAR, built by Qingdao Beihai Shipbuilding Heavy Industry, was successfully delivered on May 10. The vessel was built for China Shipbuilding Trading, and chartered by Shandong Shipping. It has a total l

Its probably the best BWT system in the world. Optimarin EVP Tore Andersen doesnt mince his words. The former CEO and current sales head of the global BWT pioneer is bullish about his firms simple, flexible and market proven system. The ori

Chinas ferrous prices took off on Monday, with benchmark iron ore and steel futures hitting all-time highs amid robust demand and supply concerns, as expectations of rising inflation rates also fuelled speculative buying. Capacity utilisati

CIMC ENRIC announced that its subsidiary, Nantong CIMC Sinopacific Offshore Engineering, has signed an agreement with Italian ship owner Fratelli Cosulich for an 8,200 m3 LNG bunkering ship and an alternative vessel. The order is worth abou

Depending on your viewpoint, Chinas imports of major commodities in April were either a sign of the ongoing strength as the worlds second-largest economy continues its post-pandemic recovery or early evidence of moderating demand. It all co

The Baltic exchanges main sea freight index rose on Monday, buoyed by an uptick in rates for all vessel segments. The Baltic dry index .BADI , which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose

In a world of continuing uncertainty, Nor-Shipping is calling on industry experts to assess todays market and tomorrows post-pandemic potential in its new online talk show, airing on 1 June. TheToday Show by Nor-Shippinghas already confirme

StormGeo , a global leader in weather intelligence software and decision support services, is announcing that Alfa Laval (ALFA:Stockholm) -a world leader in heat transfer, centrifugal separation and fluid handling- will acquire StormGeo to

On May 7, Dalian Shipbuilding Industry, China State Shipbuilding Trading and Minsheng Financial Leasing signed a contract for the construction of two new 16,000 TEU container ships. The project is the same type ship of 7 16000 TEU container

21 maritime companies will host 30 undergraduates from local institutes of higher learning under the 12-week Global Internship Award (GIA)[1] from May to July 2021. Established by the Maritime and Port Authority of Singapore (MPA), the GIA

On May 8, the signing ceremony of major projects of Jiangyin-Jingjiang Industrial Park was held. The high-end equipment manufacturing industrial park project with a total investment of 3.3 billion yuan was settled in the park. This project

On May 6, COSCO SHIPPING and Hengli Group signed a strategic cooperation agreement in Dalian Changxing Island. Member of the Standing Committee of Liaoning Provincial Party Committee and Secretary of Dalian Municipal Party Committee Mr. Tan

Everythings connected in ocean shipping. Very high demand for ships in one segment can affect supply-demand fundamentals for entirely different vessel types. Its happening now. Container shipping is so strong that reverberations are being f

The volume of cargos during the festival remained strong, the comprehensive index continued to rise Ningbo Containerized Freight Index: In the week ending May-7, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (

2,750 tested negative for COVID-19 in ongoing special testing operations The Maritime and Port Authority of Singapore (MPA) is working with the Ministry of Health (MOH) and port operator PSA Singapore, on additional precautionary measures a