In its latest Claims Review, International Transport Intermediaries Club (ITIC) shed light on a case where a failure in information transfer sparked a dispute over the payment of an Additional War Risk Premium (AWRP). The situation unfolded

Global automation technology leader Emerson has made a strategic investment in Frugal Technologies, which will use Emersons global organization to accelerate sales of its fuel-saving AI technology for ships. With a control system based on a

To state the obvious: Ships, being large and slow, are extremely energy efficient at carrying cargo when compared to trucks, trains and aircrafts. Therefore, comparing different modes of transportation, shipping is the most environmentally

Sand is an essential raw material for many industries and is used for concrete and asphalt production. Therefore, companies like Van Ouwerkerk BV have specialized in mining sand throughout extraction sites in the North Sea. The Dutch compan

[Photo: Xinhua/Ji Chunpeng] The latest data from the General Administration of Customs shows that China exported 423 ships in October, a year-on-year increase of 72%; From January to October, a total of 3940 ships were exported, a year-on-y

[Photo: Xinhua/Ding Ting] BEIJING, Nov. 18 (Xinhua) -- China has maintained its top position in the global shipbuilding market in the first 10 months of 2023, with strong growth in both output and new orders, industry data showed. The count

20 November 2023.Swiss marine power company WinGD will supply X‑DF‑M methanol-fuelled engines for a series of six container vessels to be built at Yangzijiang Shipbuilding in China. The 9,000 TEU vessels will each be powered by an X82DF‑

MAN Energy Solutions has announced that it is developing an oxidation catalyst for four-stroke engines that will significantly reduce methane slip. Called IMOKAT II and developed at MAN Energy Solutions headquarters in Augsburg, Germany, th

Trafigura SPG International Trading (Shandong) Co Ltd, a joint venture between Shandong Port Group (SPG) and Trafigura Group, was unveiled in Qingdao on Nov 15. The strategic partnership between SPG, a world-class seaport, and Trafigura Gro

Transportation demand is overall weak and freight rates on most routes have fallen Ningbo Containerized Freight Index:In the week ending Nov-17, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 680.

Salaries are rising by at least 10% as the crew employment market tips in the favour of seafarers, reveals Danica Crewing Specialists as it announces the findings of its 2023 Seafarers Survey. Across senior officer ranks salaries have incre

20 November 2023, London: The International Chamber of Shipping (ICS), which represents over 80% of the worlds merchant fleet, and the International Bunker Industry Association (IBIA), which represents the global bunker industry, have submi

Recently, China Merchants JinlingShipyard (Weihai)signed a construction contract withCMA CGM for the construction of two 1,000-passenger LNG-powered cruise-class high-end ro-ro passenger ships. [Photo: Jinling Shipyard (Weihai)] CMACGM isa

[Photo: Xinhua] The Tianjin International Shipping Industry Expo 2023 was held from Thursday to Saturday in north Chinas Tianjin Municipality to promote the development of the global shipping industry and marine economy. Tianjin Port is the

The Maritime Safety Administration of the Peoples Republic of China hasrecentlyformulated and issued theProvisions on the Supervision and Administration of Vessels under Special Follow-up (hereinafter referred to as theProvisions). TheProvi