The Baltic Exchanges main sea freight index fell for a ninth straight session on Tuesday as rates slipped across all vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for ca

The PMA has revised MN 03/2020 issuing version 3 making a clear stand, a date of cessation to the grant of extension to the SEAs initially done to take into account of the COVID-19 restrictions imposed worldwide making crew changes in parti

Only China bucks this trend with record-high crude oil imports, benefiting from the low oil price. Given the global recession and lower transport demand, however, the tanker industry is set for some challenging months. Demand drivers and fr

Brookes Bell, the leading international multi-disciplinary marine, scientific and technical consultancy, has been contracted by Norwegian Cruise Line to deliver its innovative software solution SRtP Onboard across its Breakaway Plus class o

Huge stimulus packages have so far been enough to prop up some parts of the economy. However, these are not magic pills, and, with the virus still spreading, a global recovery is some way off. Overview Many nations across the world recorded

After more than a year of bidding, Australian mining giant BHP has finally clinched the worlds largest LNG bulk carrier chartering project, with two Chinese shipyards expected to secure orders for five LNG Newcastlemax bulk carriers worth a

On September 7, CNOOC announced that Li Yong was appointed director, general manager of CNOOC, and removed from his position as deputy general manager of SINOPEC. Mr. Li previously served as vice president and party member of SINOPEC. After

Chinas bulk commodity market saw slower growth in August compared with July, industrial data showed. The China Bulk Merchandise Index, a gauge of domestic bulk commodity market growth, stood above the boom-or-bust line of 100 at 102.5 in Au

The Baltic Exchanges main sea freight index fell to its lowest in more than a month on Monday, as rates slipped across vessel segments. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for

Chinas soybeans import were the highest on record for the month of August, according to customs data, as the countrys pig herd continues to recover from the African swine fever epidemic, market sources said. China purchased 9.6 million mt o

Chinas iron ore imports in August fell 10.9% from a month earlier, easing from a record high in July on fewer shipments from big miners and port congestion, official customs data showed on Monday. The worlds top iron ore consumer brought in

China exported 36.6 million tonnes of steel products over this years January-August period, according to the latest statistics of Chinas General Administration of Customs (GACC) published on September 7. The decline in the eight-month total

Chinas crude oil imports in August rose 12.6% from a year earlier, down from record-high levels but still buoyed by hefty purchases made earlier this year when prices collapsed and as cargoes delayed by congestion clear customs at Chinese p

UAE based Engineering firm Aries Marine has announced their achievement of a major milestone with the completion of 1000 retrofit engineering projects. Aries Marines specialised division providing environmental and sustainable solutions to

In the afternoon of September 3, Shanghai Zhenhua Port Machinery Company held a signing ceremony for the construction project of 140-meter piling ship with CCCC First Harbor Engineering Company. The ship is a 138-meter-high piling ship with