Shipping industry giants commit to transparent reporting of shipping emissions in line with United Nations decarbonization targets. The Sea Cargo Charter is born. What is Sea Cargo Charter and why should you pay attention to it? The Sea Car

The amendment to the IBC Code in particular is very comprehensive and as a consequence, a new Certificate of Fitness (CoF) for a vessel must be issued and be on board at the latest on 1 January 2021. On that date, the new Certificate of Fit

China Classification Society (CCS) grew its serviced fleet to 34,974 vessels in 2019, marking another strong annual performance for the Beijing-based group. In its newly released Annual Report, the society said the total gross tonnage of ve

Strategic Marine (S) Pte Ltd, a leading Singapore based shipbuilder and part of Strategic Marine Holdings Pte Ltd, has clinched a newbuild contract for two 27m Crew Transfer Vessels (CTVs), complete with comprehensivefinancingsolution for W

The IMO considers exhaust gas scrubbers to be an acceptable means of reducing vessels sulphur emissions and ensuring compliance with MARPOL Annex VI. A separate guideline, Resolution MEPC.259(68) , specifies the requirements for the verific

In the first three quarters of Chinas ship repair industry, the number of completed ships increased by 7% year-on-year, and the total amount of ship repair increased by 47% year-on-year. The performance of the ship repair industry in the ne

On October 12, Guangzhou Shipyard International signed and delivered MR chemical/product tanker MARITIME TRANQUILITY for Singapore IMC and CSSC Leasing. Huang Xinfa, director of IMC, Yang Jianing, senior manager of CSSC Leasing, Zheng Minsh

StormGeo launched s-Suite, an innovative software and services suite for shipping customers. s-Suite includes Voyage Planning, Onboard Route Optimization, Route Advisory Services and Fleet Performance Management, now combined onto a complet

Chinese end users presented improved purchase appetite for Mongolian coal this week, in the wake of reported import ban for Australian coal. Daily coal trucks passing through Chinas Ganqimaodu border crossing connecting Mongolia recovered f

China imported 8.66 million tonnes of liquefied natural gas (LNG) in September, down 7.47% month on month, showed data from the General Administration of Customs on October 13. The value of LNG imports totaled $2.26 billion in September. Th

Crude Oil Price Movements Spot crude prices settled significantly lower in September, after four consecutive months of gains. The OPEC Reference Basket (ORB) fell by $3.65, or 8.1% m-o-m, to $41.54/b, while the year-to-date averaged $40.62/

The China Navigation Company (CNCo) today announced it is expanding its project cargo business and has launched Swire Projects to provide specialist shipping services to the energy, resource and infrastructure sector. Swire Projects will be

Chinas crude oil imports rose 2.1% in September from a month ago as some delayed cargoes finally cleared customs after a months-long port congestion eased, while onshore storage capacity was expanded. China,the worlds top crude oil importer

Chinas iron ore imports in September rose thanks to a combination of a supply lift from major miners and easing port congestion, with the coming months pointing to further solid supplies from key players Brazil and Australia. Iron ore shipm

China Tianjin Shipping Index (TSI), an indicator of northern Chinas ocean freight rates for both international and domestic shipping markets, stood at 798.02 points on Monday, up 1.21 percent compared with the previous working day. The stat