On May 18, Huangpu Wenchong, a subsidiary of CSSC, signed for the delivery of 2,750 TEU container ship No.4 HONIARA CHIEF (H5545), built for Singapores China Navigation Company Limited (CNCo). Ship No. 4, H5545, is the last of the four 2750

On May 17, Shanghai Waigaoqiao Shipbuilding successfully named the 180,000 dwt capesize bulk carrier SHANDONG DE FENG built for Shandong Shipping, a subsidiary of Shandong Marine Group. SHANDONG DE FENG has a total length of 292 meters, a w

On May 18, Guangzhou Shipyard International and China Shipbuilding Trading signed a contract for the construction of 8 49,600 DWT chemical/product tankers with Zhejiang Hengyi Petrochemical. After the contract comes into effect, GSIs total

Benchmark iron ore futures in China closed more than 4% higher on Tuesday, propped up by strong profit margins at mills, while record high crude steel output suggesting resilient demand for the steelmaking ingredient also boosted sentiment.

At 4:00 p.m. local time on May 5, the first Piraeus-Sofia Land-Sea Express Train with 29 COSCO SHIPPING containers departed from the Piraeus Container Terminal in Greece. After running for more than 40 hours, the train arrived at Dragoman S

The Baltic exchanges main sea freight index dropped for a fifth consecutive session on Tuesday, as rates for capesize and panamax vessel segments fell. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferr

The Republic of the Marshall Islands (RMI) is pleased to be recognized for an unparalleled 17 consecutive years on the United States Coast Guards (USCGs) QUALSHIP 21 roster. The RMI is the only one of the worlds three largest registries to

The International Convention for the Safety of Life at Sea (SOLAS) currently require single hold cargo ships of less than 80 meters (100 meters if constructed before 1 July 1998) to have a water level detection alarm. These ships are not re

The fifth STENA E-FLEXER CTE DOPALE (W0268), built for Stena RoRo, the worlds largest ferry company, was delivered in China Merchants Jinling Shipyard(Weihai) on May 17, six weeks ahead of schedule. STENA E-FLEXER is one of the first high-e

On May 15, Guangzhou Port invested 30,4905,600 yuan in cash to acquire 60% equity of Huadu Port. The annual handling capacity of Huadu Port is 100,000 TEU and 850,000 DWT of bulk cargoes, with a 520-meter port line covering 50,000 square me

Shipping industry calls for International Day of the Seafarer 2021 to be marked by thousands of ships sounding their horns at 12 noon local. 200,000 seafarers are currently impacted by the crew change crisis, and if left unvaccinated

Asian Shipowners Association (ASA) held its 30th Annual General Meeting virtually on 18th May 2021. The focus of the meeting was clearly on the continuing difficulties of Crew Changes of our seafarers, under the COVID-19 pandemic. Mr Tadaak

German shipowner Reederei H Vogemann placed an order for 4+2 bulk carriers from Chinese shipbuilder Yangfan Group, and took effect an alternative order for 2 bulk carriers from Yangzijiang Shipbuilding Group. The six bulk carriers to be bui

Shipping companies listed in Hong Kong and the Chinese mainland closed higher on Monday, as the industry is expected to remain promising during the second quarter due to rising global shipping rates and the countrys soaring exports. COSCO S

The Baltic exchanges main sea freight index fell for a fourth consecutive session on Monday, dragged lower by a dip in rates for capesize and panamax vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supram