Fire fighters extinguish fire which broke out on a crude oil tanker at Waruna Shipyard at the Port of Belawan in Indonesias province of North Sumatra, May 11, 2020. A fire broke out on a crude oil tanker docked at Waruna Shipyard at the Por

The markets, particularly for shipping, oil and stocks, have been highly volatile over the last few months and the news cycle endless. In these times of uncertainty, real time and objective data is critical to understand and take advantage

Paris MOU has issued its latest guidance related to COVID-19 for Port State Control Authorities. 1 MAB has considered and agreed that, noting the global impact of COVID-19, there is need to apply flexibility under these special circumstance

The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash. From a shipowners or charterers perspective, the l

Chinese stainless steel futures surged on Monday, hitting their highest level in over nine months as domestic demand continued to pick up after coronavirus-related shutdowns. The most-traded stainless steel futures contract on the Shanghai

On the morning of May 8, the 130M piling ship San Hang Zhuang 20 built by China Merchants Heavy Industry (Shenzhen) for CCCC Third Harbor Engineering was delivered in Shenzhen, marking the birth of the worlds largest piling ship. The San Ha

On May 8, the 308,000-ton very large crude carrier built by Dalian Shipbuilding Industry for China Shipbuilding Trading was successfully named and delivered. The representatives of DSIC, China Shipbuilding Trading and the leasing company af

1.A Chinese tug has been fitted with a space to quarantine crew members as the global maritime industry continues to implement precautionary health and safety measures to prevent COVID-19. 2.A homegrown electric cargo ship with a load capac

A Chinese tug has been fitted with a space to quarantine crew members as the global maritime industry continues to implement precautionary health and safety measures to prevent the spread of COVID-19. The vessel, Jin Gang Lun 32, owned and

A passenger port in Zhuhai, China has created a new solution using aquatic robots for long distance line deployment. Earlier this month, Zhuhai Jiuzhou Port carried out a series of typhoon-proof reinforcement work for their floating barges.

U.S. soybean exports have been historically sluggish in recent months, but although industry expectations are already low, full-year shipments are in danger of falling even further without more bookings from China. Based on data published o

Chinas index of export container transport dipped in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 834.9, down 1.9 percent from a week earlier, according to the exc

Chinas leading energy and chemical company, has put Chinas largest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tanker (VLCC) from the Middle East. The tanker was welcomed at the n

The Carnival Cruise Line recently announced it will resume operating eight cruise lines from Miami, Port Canaveral and Galveston in the US on August 1. But its cruise operations in other areas in North America and Australia will remain susp

A homegrown electric cargo ship with a load capacity of 1,000 tons successfully tested the water at the Yangtze River section in Changzhou, East Chinas Jiangsu province on Friday. The vessel, powered by a lithium battery and supercapacitor,