Ambitious plans to expand CSM Energy into a one-stop shop solution for ship owners, investors and operators in the energy sector, have been revealed by the business. CSM Energy has announced its plans to expand from an asset management comp

Chinas busiest port, the Port of Ningbo Zhoushan in the eastern province of Zhejiang, saw its annual container throughput surpass 28 million twenty-foot equivalent units (TEUs) for the first time on Monday. That makes the port one of just t

China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, stood at 1,513.19 points on Wednesday, up 8.46 percent compared with the previous working day. The statistical samples of TC

Huanghua ports coal shipments as of December 20 this year reached a record high of 198.59 million tonnes, exceeding the annual target by 4.6 million tonnes, state media CCTV reported. About 80% of the coal produced in Chinas main producing

The version 4 of the cyber security guidelines is published at a time when shipowners and ship managers are faced with a requirement to implement cyber risk management in their safety management systems (SMS) by the time of their first Docu

Liberia finishes off 2020 as the worlds fastest growing flag State for the second year in a row. In late 2018 Liberia became the second largest flag State in the world, and since then, has continued to lead the world in fleet growth for two

On December 22, the 23000TEU ultra-large dual-fuel container ship CMA CGM LOUVRE built by Jiangnan Shipyard for the French CMA CGM Group was christened and delivered. This is the fourth ultra-large dual-fuel container ship delivered to CMA

The second 62,000 dwt multi-purpose pulp ship, named N1007, was delivered by COSCO SHIPPING Heavy Industry (Dalian) on Dec. 21 for COSCO Shipping Development. This ship is the tenth series multi-purpose pulp ship delivered by the company, w

Dalian iron ore futures jumped nearly 10% on Monday as the key steelmaking raw material extended a rally powered by bullish demand outlook for 2021 and growing concerns about supply. Iron ore has emerged as the top-performing major commodit

China has issued the first batch of crude oil import quotas for non-state companies at 122.59 million tonnes in 2021, two sources with knowledge of the matter said on Monday, up 18% from the first round for 2020. The increase follows the la

The Baltic Exchanges main sea freight index climbed to its highest in nearly eight weeks on Tuesday, as rising rates for larger capesize vessels offset dips in panamax and supramax rates. The Baltic dry index, which tracks rates for capesiz

Strategic Marine (S) Pte Ltd,has secureda newbuild contract with an Oil Major (Client) to build a purpose designed 12m workboatwithdelivery in the middle of 2021. Strategic Marine won the contract after an international competitive bidproce

On December 21, China State Shipbuilding Corporation and Shandong Marine Group signed a strategic cooperation agreement in Jinan. The two sides started in-depth cooperation in ship business, inland port and waterway development, new energy

One of the shipping industrys leading specialists in seafarer mental health support is offering seafarers and shore-based staff free access to clinical psychologists and a confidential 24/7 mental health hotline to help them over the festiv

Led by COSCO SHIPPING, MARIC under CSSC, together with shipowners, shipyards, classification societies, scientific research institutions, and core system manufacturers, jointly participated in the research and development of the 220,000 squ