The best science fiction script writers from Hollywood could not have come up with the twists and turns that we have experienced during 2020. In a year that was supposed to be dominated by IMO2020, the transition to VLSFO went relatively sm

On December 17, The reorganization of Antong Holdings was successful, which marked the end of the reorganization of Antong Holdings and its two subsidiaries after 12 months. In 2018, A liquidity crisis occurred in Antong Holdings. On August

DNV GL, the worlds leading classification society, and HHI Group, the worlds largest shipyard, have teamed up to embark on the development of future-proof tanker designs. In a recent Green Tankers towards 2050 industry webinar, attended by

Interest in ammonia-powered fuel cells for the maritime sector is growing, but stakeholders have been hesitant to commit to investments in large-scale systems. Now the ShipFC project, granted funding from EUs Research and Innovation program

On December 16, the 325,000 DWT VLOC NANSHA HONOR built by Tianjin Xingang Shipbuilding Industry for China Ore Shipping was successfully signed and delivered. The 325,000 DWT ore carrier is the largest tonnage ship ever built by the company

Landmark ruling from the International Labour Organisation (ILO) finds that governments have breached seafarers rights and failed to comply with several provisions of the Maritime Labour Convention during the COVID-19 pandemic, including Ar

General cargo ship XIN HONG issued distress signal at around 1630 LT (UTV +7) Dec 17 in South China sea off Phu Quy island, southern Vietnam, northeast of Vung Tau. The ship with 7,800 tons of clay on board and 15 crew, including 11 Chinese

Rates for containers heading towards Europe from the Far East have continued to surge in recent days, as a spike in demand for containerized good continues within the region. The SP Global Platts-assessed PCR11 (North Asia-to-UK) trade rout

The optional additional clauses developed for ASBAGASVOY, which was published together with explanatory notes in September, are not part of the charter party but are being published to provide users with a selection of additional clauses th

Tanker and dry bulk market participants are now able to assess the CO2 impact when chartering ships optimally positioned for their cargo, thanks to a new update on the Signal Ocean platform. The service is used by shipowners, traders and oi

A.P. Moller - Maersk today announced the signing of a logistics agreement with Novo Nordisk from 2021. The three-year agreement on cold chain logistics covers transportation including ocean services and inland logistics. We are proud to be

Complex contractual relationships, the enormous dimensions of ships and routes, and exceptional logistical challenges are all aspects of the modern shipping industry, and digital technologies are opening up many new opportunities to drive a

Hempel confirms leadership position within fuel efficiency in the shipping industry. By completing 2,000 vessel applications of Hempaguard X7, Hempel has reduced shipowners fuel consumption by 7.6 million tons, lowering fuel costs by at lea

China Financial ShipownerSPDB Financial Leasing began to enter the bulk carrier market. Following the 461,000-dwt bulk carriers in October this year, SPDBhas placed an order for 6 82,000-dwt bulk carriers. The two batches of 10 new bulk car

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