The International Advisory Panel on Maritime Decarbonisation (IAP) formed in July 2020 by the Singapore Maritime Foundation (SMF), with the support of the Maritime and Port Authority of Singapore (MPA), has submitted its recommendations to

On April 8 and April 15, two new Crown 63,500 DWT bulk carriers jointly built by SUMEC Marine and CDB Leasing were successfully signed and delivered. Up to now, New Dayang has successfully delivered 6 ships in 2021, and all major production

Ahead of President Bidens climate summit, shipping industry bodies representing the majority of maritime trade have called on world leaders to quickly commence deliberations on how mandatory market-based measures (MBMs) could be implemen

Chinas crude oil imports from top supplier Saudi Arabia rose 8.8% in March from a year earlier, driven by strong demand and as shipments delayed due to a port congestion finally arrived. Imports from the United Arab Emirates also rose again

The shortage of containers has been eased with 58 per cent additional exports being managed in March year-on-year, a senior government official said on Tuesday. Pawan Agarwal, Special Secretary in the Logistics Division of Ministry of Comme

The Maritime and Port Authority of Singapore (MPA) officially launched Singapores first Maritime Drone Estate (MDE) today, in conjunction with the 15th Singapore Maritime Week. Located near Marina South Pier with close proximity to the anch

Europes first maritime value chain project for liquid hydrogen, Aurora, has been short-listed by ENOVA as one of the Norwegian candidate projects for Important Project of Common European Interest (IPCEI) . The Aurora project is a cooperatio

Chinas unwavering ban on Australian coal continues to disrupt the coal market as trade flows are still adjusting to the new regime. With the summer peak demand season approaching, domestic prices are rallying and all eyes are on Chinese seab

Due to conflicting interpretation of the records in the ballast water record book (BWRB) by external parties, ships crew are faced with a dilemma when filling out the information in the BWRB. In response to this, BIMCO has co-sponsored a pa

China Classification Society (CCS) has awarded Chinas first certificate of type approval for a marine fuel cell product to Wuhan-based PEM fuel cell supplier Troowin Power System Technology Co. The certificate was issued by CCS Wuhan branch

SSY Futures Ltd announced that on the first day of its launch, 19 April 2021, it completed the first Handysize 38,000-dwtFFA trades on both the Singapore Exchange (SGX) and European Energy Exchange (EEX) for the April and May contracts. Mar

From January to March 2021, Chinas completed shipbuilding capacity reached 9.79 million dwt, up 39.8% year on year, of which sea-going ships reached 2.42 million dwt. New orders for ships totaled 17.2 million DWT, up 251.7% year on year, of

Greater Support for Maritime Technology Start-Ups and Digitalisation Push for Maritime Trade and Bunkering Services A new Maritime Innovation and Technology (MINT) Fund grant scheme will provide maritime technology start-ups in Singapore a

On April 19, Yangzijiang Shipbuilding announced that it had recently signed a contract to build 15 new vessels with a total value of $970 million. According to the announcement, Yangzijiang signed 15 new ships, including six 15000TEU contai

On April 19, Antong Holdings announced that the company in 2020 to achieve operating income of 4.835 billion yuan, a year-on-year decrease of 3.24%; Net profit attributable to shareholders of listed companies reached 1.293 billion yuan, up