There are as many, and more, upside economic consequences of a great safety culture as negative financial consequences of poor safety practices. Its quite obvious which side shipping companies should be on, and our mission is to help them,

Iridium Communications Inc. (Nasdaq: IRDM) is proud to share that the first activation of an Iridium Global Maritime Distress and Safety System (GMDSS) terminal was completed by partner Applied Satellite Technology Limited (AST), shortly fo

Getting it right in the design phase is critical to the performance of boat-handling equipment and cutting corners can prove costly The efficiency of a davit is determined by the sum of its moving parts and a failure of any one of these com

On February 5, Dalian Shipbuilding Industry signed a strategic cooperation framework agreement with Winterthur Gas Diesel Ltd. (WinGD), a main engine research and development enterprise. The two sides will establish closer comprehensive coo

The freight rate of most routes was stable, and the composite index drops slightly Ningbo Containerized Freight Index: In the week ending Feb-5, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2369

A year after the Morrison government decided to further sour China-Australia ties by calling for a weapons inspector-style investigation into the COVID-19s origins while China was in the midst of containing the novel coronavirus, Chinese po

Crude oil flows from Malaysia to independent refiners in China witnessed a dramatic surge of more than 70% year on year in January, helping the Asian supplier to displace Brazil from the second spot, while Russia held on to the crown as the

Chinas index of export container transport went up 27.8 percent month on month in January, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 1,906.13 last month, according to the exch

Chinese exporters suffer from extreme shortage and rising costs of shipping containers, which strand in America and Europe due to the COVID-19 pandemic. East Chinas Yiwu, also known as Chinas commodity-exporting hub, bore the brunt when con

Given the increased demand prior to Chinese New Year and THE Alliances service deployment, Yang Ming Marine Transport Corp. (Yang Ming) will take delivery of one more 11,000 TEU new chartered vessel YM Target on February 5th. With the suppo

In the first quarter of 2021, Jiangsu Zhenjiang Shipyard (Group) Co., Ltd. ordered two eco-efficient Konecranes Gottwald Model 8 Cranes on Barge. The cranes will be operated by Cosco Shipping Bulk Co. Ltd. (Cosco Bulk) off the coast of Guin

IMO Secretary-General Kitack Lim has welcomed the industry-led Neptune Declaration, which calls for seafarers to be designated as key workers and for cooperation to end the crew change crisis, which is not only putting seafarers in a desper

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nat

BIMCO has taken the decision to revise and update SHIPMAN 2009 and CREWMAN A and B 2009 - the ship management sectors go to standard agreements. In recent years, these industry stalwarts have spawned several other standard third-party manag

With everything the pandemic has thrown at the oil industry, the last time we took a serious look at US VLCC export infrastructure developments was back in January 2020. At this point in time, we counted 9 projects under development, with t