The number of stern tube-related damage claims has increased considerably over the last few years and such damages are now one of the more frequent claim types handled by Gard under the hull and machinery policies. A recent Gard analysis sh

China topped the globalshipbuilding rankings in the third quarter of 2023, according to new data released on Thursday, with industry leaders hailing the technological innovations being made by both state-owned and private enterprises for dr

Freight rates for container exports from the Chinese port of Ningbo-Zhoushan stopped fallingin Week 40 due to a significant reduction in shipping capacity during the National Day Golden Week beginning on 1October. According to the Ningbo Sh

Copenhagen, Denmark A.P. Moller - Maersk, the global leader of integrated container logistics, is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed by SpaceX. Maersks more than 330 own ope

MAN Energy Solutions has announced a partnership with industry leaders and research institutes that will develop engine concepts for hydrogen-fuelled, medium-speed engines in the maritime sector. Dubbed HydroPoLEn, the project is supported

The Israel-Palestine conflict, marked by recent violence between Israel and Hamas, has sent ripples through the shipping and maritime industry, leading international companies to issue cautionary advisories and adapt their operations in the

During the first three quarters of 2023, China has continued expanding its crude inventories by an estimated 0.7 million barrels per day (mbpd). These increased inventories could allow China to maintain strong exports of refined products ev

Paris 10 October 2023.GTT announces thatit has received an order from its partner the shipyard HD Hyundai Heavy Industries to design the cryogenic fuel tanks of five very large container vessels fuelled with Liquefied Natural Gas (LNG) on b

October 11, 2023.Orient Overseas Container Line Ltd. (OOCL) held the naming ceremony of a 24,188 TEU newbuilding at Dalian COSCO KHI Ship Engineering Co., Ltd. (DACKS) shipyard. This mega containership is named OOCL Gdynia. Following its na

The situation in Israel remains volatile and we recommend assessing all port calls in the country on a case-by-case basis. Appropriate protective measures should be incorporated into ship security plans. Following Hamas large scale military

A Lloyds Register (LR) report on the state of technology, integration and compliance, alongside the business case for retrofitting vessels, has found that repair yard capability and capacity concerns could thwart the uptake of alternative f

At an automobile terminal of the Guangzhou Port in Nansha, Guangdong province, a vessel loaded with 2,291 units of automobiles was fully prepared to embark on the upgraded China-Thailand-Persian Gulf route on Thursday. To serve Chinese auto

Chinas first hydrogen-powered ship completed its maiden voyage on the Yangtze River in Yichang, Central Chinas Hubei Province on Wednesday, a breakthrough in the application of hydrogen fuel cell technology in inland waterway vessels. Named

Drone attacks on the Danube estuary ports in late August broadened Russian attempts to prevent Ukraine from exporting grain, but other rising risks to regional maritime safety are also calling for special attention from PI, writes Nick Tayl

During this years annual conference held in Edinburgh, the International Union of Marine Insurance (IUMI) took the opportunity to explore and debate the question of diversity, equity, inclusion and belonging (DEIB) with the ambition of taki