One way we can make the current low emission technologies competitive with traditional fuels is through some form of market-based measure. We need a mechanism that equalizes the cost between using low carbon fuels and traditional fossil fue

Taking into account the significant impacts to the shipping industry due to the COVID-19 pandemic and the continuing effects of the crisis, Tokyo MOU adopted the interim guidance relating to COVID-19 circumstances, in accordance with the de

Commissioned by ourentrusting party, Guangzhou Shipping Exchange Co., Ltd. (GSE) determines to organize an online bidding for a bulk carrier named TIGER LIAONING. The announcement is stated as follows. I. Description Reserve Price: USD17,50

Shanghai Waigaoqiao Shipbuilding, a subsidiary of CSSC, has signed a contract with SBM Offshore to build Fast4Ward Universal FPSO hull 4 (MPF4), the first of its kind in the world. This type of ship can meet the marine environmental conditi

COSCO Shipping Ports announced that on 26 February 2021, COSCO SHIPPING Ports (Tianjin) (a wholly-owned subsidiary of the Company) (as purchaser), Tianjin Port Holdings (as seller) and the Company entered into the TCT Equity Transfer Agreem

Indian Register of Shipping (IRClass), an international ship classification society, underlineshighsafety standards as key todoubling Indias ship recycling capacity by 2024, an ambitious target set byIndiangovernment in the recent Union Bud

Containerships Borealis, the newest LNG-powered vessel of CMA CGMs unit, arrives at the Shortsea Terminal of Rotterdam, Heijplaat, on 1 March. The ship took off on its maiden journey on 1 February 2021 from Yantian, China. The Handy contain

The concept of hub ports to receive, quarantine, test for COVID-19 and potentially vaccinate seafarers in the Pacific region was explored at a recent roundtable meeting (25 February) involving representatives from States in the region, UN a

In January of 2021, the container throughput of Chinese ports have a increase of 13% compared with the same month last year, and the Ningbo Containerized Freight index (NCFI) keep rises in February In January of 2021, the cargo volume of Ch

Chinas index of export container transport registered a dip in the past week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 2,059.52, down 0.6 percent from a week ea

19 distinguished participants from Asia and the Pacific Islands will attend the 10th Maritime Public Leaders Programme (MPLP). Organised by MPA Academy, the training arm of the Maritime and Port Authority of Singapore (MPA), and the Nanyang

Quanzhou Transportation Development Group (QTDG) plans to revitalize Quanzhou Shipyard, with a total planned investment of 2 billion yuan. QTDG plans to restructure 7 docks under construction or already built, 2 docks with a class of 300,00

In 2020, Yangzijiang Shipbuilding received orders of US$1.82 billion, exceeding nearly US$1 billion in 2019. The net profit in the fourth quarter exceeded 750 million yuan, and the gross profit margin increased significantly to 24%. In the

In a world with tens of thousands of financial indices, the dry bulk market stands out when it comes to benchmarking, with the Baltic Exchange remaining the dominant provider of price information and index constitution. As the largest vesse

On 19 February 2021 the United Kingdom Supreme Court handed down its decision in the first collision case to reach the UKs highest court in nearly 50 years, in the The EVER SMART and The ALEXANDRA 1 [2021] UKSC 6. Faz Peermohamed of Stann L