The Maritime and Port Authority of Singapore (MPA) has awarded a third LNG bunker supplier licence to Total Marine Fuels Private Limited for a five-year term starting 1 January 2022. Total Marine Fuels Private Limited is a global LNG suppli

On February 25, Guangzhou Shipyard International welcomed the first major order since the Chinese New Year, and signed a contract with China Merchants Nanjing Tanker Corporation for two 49,700 dwt product tankers and two 49,500 dwt chemical

Hong Kong-based, Oslo-listed, Jinhui Shipping and Transportation has reported a net loss of US$15.25m for 2020. The result for the dry bulk owner compares to a US$4.5m gain in 2019. Jinhu Shipping management cited poor business sentiment as

New analysis from SEA-LNG, the coalition for accelerating LNG as a marine fuel, has determined that for every 10% of bio-LNG dropped in and blended with LNG as a marine fuel, a vessel can achieve two extra yearscompliance with the Annual Ef

On February 23, Group President Hu Jianhua investigated the Dalian Port of Liaoning Port Group and learnt about Liaoning Port Groups production and operation activities, land development and on-site operation, inspected the service assuranc

With US ports facing a serious container backlog that has disrupted China-US commerce move under the impact of the pandemic, Chinas leading shipping company has moved swiftly to send more than 400 empty containers to the US to ease the cong

Torqeedo has announced a new direct distribution organisation in Norway to address the growing market for its marine electric propulsion systems in that region. Norway has a long tradition of seafaring and is a world maritime centre for shi

DNV GL, the worlds leading classification society, has joined the Smart Maritime Network, an initiative dedicated to supporting collaboration and standardization in the development of IT systems for the shipping sector. Bjrn-Johan Vartdal,

After a turbulent year, low demand looks set to plague the market in the coming months combined with too many ships fighting for too few cargoes in both the crude oil and oil product segments. Demand drivers and freight rates The realities

After a down and up year in container volumes, the current logjams in the system and unbalanced trades will take months to resolve, allowing carriers to profit from high freight rates, and tonnage providers to enjoy lofty charter rates. Dem

2021 is shaping up to be a golden age for container ship operators, with Januarys substantial rise in long-term contracted rates being blown out the water by developments in February. According to the latest XSI Public Indices report from X

Oriental Energy will officially withdraw from the LPG business and focus on green chemicals and hydrogen energy after entrusting all 15 of its VLGC fleet to its affiliated company KEEGAN SHIPPING HOLDING PTE,LTD. On Feb. 25, Oriental Energy

Brazilian mining company Vale SA said it will continue investing in China and further expand its presence in the country, which has been witnessing an ever increasing share of the global mining giants total sales. Vale supplied 192 million

Natural disasters along the Texas Gulf Coast in the US that have disrupted many sectors may mean lagging liquefied natural gas (LNG) purchases by China under the phase one trade deal, Chinese experts have warned, citing the deep freezes rip

Chinas ports recorded a robust growth of cargo throughput in January amid the countrys steady economic recovery, data from the Ministry of Transport showed. Cargo throughput at ports climbed 17.4 percent year-on-year to 1.29 billion tons in