The Baltic Exchanges main sea freight index fell for an eighth straight session on Thursday, as increased vessel supply and easing demand for shipping iron ore dragged down capesize rates, while soft South American orders hurt panamaxes. Th

Mega shipyard mergers in South Korea and China are forging a new reality in the industrial sector that underpins the global shipping industry. South Koreas merger of Hyundai Heavy Industries Co. and Daewoo Shipbuilding Marine Engineering Co

Global container port demand will expand by almost 200 million teu in the next five years, according to a new report by Drewry. However, the shipping consultancy also notes that although absolute growth will be substantial, growth rates thr

Background The first incident involved a night-time production operator on a fixed facility who was found to be missing from the platform during morning rounds. The personnel onboard noticed a section of grating displaced in the upright pos

Hong Kong-based Orient Overseas Container Line issued a note to its customers on 31 July informing them that it will strengthen the companys Dangerous Cargo acceptance and container inspection policy. Henceforth OOCL will impose additional

China National Petroleum Corp has pledged to come up with more than 100 million metric tons of equivalent equity production of oil and gas from abroad by 2020, especially in markets in Central Asia, Russia, the Middle East and Africa. The o

There have been recent reports of a fatality at a shipbreaking yard in Bangladesh. A worker sadly lost his life having accidentally fallen while scrapping a container ship. Evergreen wishes to express sympathy for this loss of life and for

1.Classification society, Bureau Veritias (BV) has been approved by the China Maritime Safety Administration to operate in international ship registration inspection and classification services in Chinese free trade zones. 2.An average 5% i

The Singapore Shipping Association (SSA)the industry voice of Singapores maritime communitytoday organized its inaugural Tech and Demo Day, during which it announced the formation of a new Digital Transformation Committee. The association s

Global, sector-focused law firm HFW has hired Christopher Jones, a renowned former shipbroker with almost 50 years experience in the shipping industry. Chris will join the firm on 1 August as a Consultant in our Singapore offices Shipping p

Most voyage charterparties make the commencement of laytime conditional on the tender of a valid notice of readiness. If the notice is invalid, then in the absence of a waiver by charterers laytime will not commence at all, even if the char

Tokyo Gas Engineering Solutions (TGES) has been awarded a deal by Taiwans CPC Corporation (CPC) to conduct the front end engineering design (FEED) for an expansion project of its LNG receiving terminal at Yung An. TGES, a part of the Tokyo

Duringthe process of using ECDIS installed onboard, there are lots of questions and doubts raised by the mariner, this may cause confuse when PSC inspection and vetting are being carried out on the ship. Especially, when ECDIS software upgra

Chinas crude oil futures settled higher on Wednesday. The most active contract for September 2019 delivery increased 1.27 percent to 446.4 yuan per barrel, data from the Shanghai International Energy Exchange showed. China launched its firs

Sustainable shipping for a sustainable planet has been selected as the World Maritime theme for 2020. This will provide an opportunity to raise awareness of the United Nations Sustainable Development Goals (SDGs), and showcase the work that