The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, jumped on Wednesday, on stronger demand for capesize vessels driven by a seasonal uptick in Brazilian iron ore exports. The Baltic inde

Chinas crude oil futures settled higher on Wednesday. The most active contract for November 2019 delivery increased 2.77 percent to 449.3 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its first

Nippon Yusen Kaisha (NYK Group) is proud to announce the delivery of Takaroa Sun, a methanol carrier equipped with two-stroke dual-fuel engine technology that enables the vessel to be powered by methanol. Built in South Korea at Hyundai MIP

South Koreas Samsung Heavy Industries has signed shipbuilding deals for Evergreens latest ultra-large containerships, valued at a total of USD 920 million. The order was placed for the construction of six of the worlds largest container shi

1.The Maritime and Port Authority of Singapore (MPA) has won the 2019 Innovation Excellence Award, affirming its innovation capabilities to drive transformation in the maritime sector. 2.Taiwanese ocean shipping company Yang Ming Marine Tra

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has announced the launch of CVK service (China-Vietnam-Cambodia Service) with effect from October 21st, 2019. We are launching the service in light of the strong cargo

On the 1st January 2020, the United Nations International Maritime Organisation (IMO), the regulatory authority for international shipping, will enforce a sulphur cap on the fuel of marine vehicles. The regulation IMO 2020 will force ocean

In the week ending Oct-4, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 572.0 points, slightly Download PDF1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source:Ningbo Shipping Exch

Hill Dickinson Hong Kong is the first law firm in Hong Kong to successfully obtain an order from a mainland Chinese court for interim measures in aid of an arbitration administered by the Hong Kong International Arbitration Centre (the HKIA

The 2019 China Marine Economy Expo will be held in Shenzhen, south Chinas Guangdong Province, from Oct. 14 to 17 and bring together industry heavyweights. Domestic marine economy leaders such as the China National Offshore Oil Corporation a

The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, recorded its best day in a month on Tuesday, bolstered by higher demand for all vessel segments. The Baltic index, which reflects rates

Chinas iron ore futures finished higher on Tuesday. The most active contract for January 2020 delivery finished the day session up 0.76 percent to 657 yuan per ton. China has opened the domestically-traded iron ore futures to foreign invest

Palau International Ship Registry (PISR) has completed a survey (IMO 2020 Sulphur Regulation | Your Opinion Matters) and the results show more than 44% of ship owners, operators and managers saying they will definitely comply with the forth

The Maritime and Port Authority of Singapore (MPA) has won the 2019 Innovation Excellence Award, affirming its innovation capabilities to drive transformation in the maritime sector. It is also testament to the robust partnerships MPA has f

1.Oman Shipping Co, the shipping arm of Omani logistics firm Asyad Group, expects to generate at least 20 percent of its revenues from China in the next few years and possibly build some more of its ships at Chinese shipyards. 2.Wan Hai Lin