On December 15, the container throughput capacity ofNingbo Zhoushan Port exceeded the total volume of the wholelast year as the real-time container production data on the large screen of the dispatch and command center of Zhoushan Port skip

The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of Pres

The Capesize freight rate as a percentage of the seaborne iron ore price has touched a record low, with a supply crunch for the mineral along with excess tonnage availability altering the correlation. The share of the key Brazil to China Ca

The International Maritime Organization has been encouraged by a small increase in the number of nations said to recognize seafarers as key workers. However, the cited figure represents merely a quarter of the 174 member states and three as

The Baltic Exchanges main sea freight index climbed to its highest in nearly seven weeks on Wednesday, as rates for capesize vessels rose. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, gained 23 points

DuringINTERCARGOsrecentAnnualGeneralMeeting,membersunanimouslyapprovedrenewalofterms from 1st January 2021, inviting both the Chairman, Dimitris Fafalios of Fafalios Shipping S.A., and Vice Chairman, Mr Spyros Tarasis of Olympic Vision Mari

On December 15, Evergreen Marine delivered two 12000TEUF-Type container ships, which will be put into service between Asia and the United States, to seize the opportunity of soaring freight rates in this round. The two new ships areEver For

Ballast water treatment specialist Optimarin has received updated United States Coast Guard (USCG) approval confirming its position as the only UV-system supplier with certification for a choice of two filters. The flexibility of selecting

On December 10, the wind power company of ChinaState Shipbuilding Corporation and Xingcheng Municipal Government of Liaoning Province held a signing ceremony forthe large offshore wind power equipment Industrial Park and wind power resource

OnDecember 15, 2020, the signing ceremony of the strategic cooperation between FujianGuohang Ocean Shipping (Group) and Russian Elgar Coalon Elgar Coal Imports to China was successfully held inShanghai. China has been Russias most important

Forty-five IMO Member States and one Associate Member* have now designated seafarers as key workers, which is a key step in resolving the ongoing crew change crisis. In a circular letter (4204/add.35) issued on 14 December, IMO Secretary-Ge

China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, stood at 1,353.29 points on Tuesday, up 2.27 percent compared with the previous working day. The statistical samples of TCI

Iron ore futures rose after a choppy session on Tuesday, supported by lingering supply concerns and strong manufacturing output data from China. The steelmaking ingredients most-active May contract on Chinas Dalian Commodity Exchange ended

DNV GL has awarded an Approval in Principle (AIP) to Daehan Shipbuilding (DHSC) for a new design of small-size LPG carriers in the range of 5,000-7,000 DWT. The AIP handover ceremony took place recently at the DHSC headquarters in Mokpo. Da

This brings total exports of these goods so far in 2020 to USD59.7b, a 26.4% increase compared with the first ten months of 2019, and a 6.1% increase compared with the same period in 2017 which was the last year before the trade war began,