FBX Index: Dont be fooled The container shipping market has gone through a period of extreme uncertainty and volatility in 2020, and it would only be natural for market participants to be hoping for more stability in 2021. The carriers succ

The construction plan of 18 4600TEU container ships worth 4.5 billion yuan has been finalized, and the first order of 10 new ships will be given to Yangzijiang Shipbuilding, while the old customer Jinling Shipyard was unexpectedly rejected.

2021 has successfully begun for CMA CGM as one more newly-built LNGpowered vessel, the CONTAINERSHIPS BOREALIS, was officially delivered at the shipyard of CSSC Huangpu Wenchong Shipbuilding Co., Ltd. Named after the stars that guide our se

Grand Wisdom, the second very large ore carrier (VLOC) to join the U-Ming Marine Transport fleet, has been delivered with a protective hull coating from Nippon Marine Paints A-LF Sea product range. Delivered in December from Beihai Shipbuil

Chinas independent refineries imported 18.16 million mt, or 4.3 million b/d, of crude and bitumen in January, a 35.1% on the month jump, as these privately-held companies started to actively discharge the oil off tankers that had been float

Already sitting on a suspected 26% increase in net profit accrued in 2020, Hong Kong-listed ship lessor CSSC (Hong Kong) Shipping has chalked up is second deal in the new year. In the latest arrangement CSSC Shipping has deployed two specia

CNOOC Limited said on Thursday its net production hit a record high of around 528 million barrels of oil equivalent in 2020, despite the impact of low oil prices and the COVID-19 pandemic. The company has vowed to continue strengthening its

Reduced limit on sulphur in marine fuel oil implemented smoothly through 2020. On 1 January 2020, new reduced limits on sulphur in fuel oil brought about a 70% cut in total sulphur oxide emissions from shipping, ushering in a new era of cle

The presentation clause is paramount when concluding business in the gas spot market as it describes how the gas tanker must present at the load port. The ASBAGASVOY drafting committee set up by BIMCO and the Association of Ship Brokers Age

The pressure on the transportation industry during the pandemic has shifted from moving citizens to keeping a core transportation system operational with a skeleton workforce to ensure freight and key essential workers can continue to move.

Tianjin Southwest Maritime has ordered an additional 93,000 m3 VLGC in Jiangnan Shipbuilding, increasing the number of VLGCs ordered in Jiangnan shipbuilding to six. Jiangnan Shipbuilding was able to further consolidate its position as the

The Liberian Registry has become the very first ship registry to sign onto the Neptune Declaration on Seafarer Wellbeing and Crew Change. The Liberian Registry joins over 300 owners, operators, and maritime organizations in this very import

Chinese shipbuilder Dajin Heavy Industry said it has secured an order to build a 9,200 dwt product tanker for a unit of national oil company CNOOC. Dajin, a subsidiary of Shanghai Bestway Marine Engineering Design, said the newbuild is sche

China was the top destination for US LNG in January for the second month in a row, amid a historic run-up in Asian spot prices and despite ongoing constraints at the Panama Canal, SP Global Platts Analytics data Feb. 1 showed. The 14 cargoe

Companies gain from favorable policies in pilot FTZs, shutdown of foreign shipyards Chinas ship repair and maintenance sector will see a robust period this year, thanks to favorable policies in the pilot free trade zones and the shutdown of