Procureship, the Athens-based provider of one of the worlds leading e-procurement platforms for marine buyers and suppliers, has made the strategic decision to open a new office in Singapore in a bid to expand operations to more ship owners

Chinas first-ever Containerized Freight Index (Europe Service) Futures have been operating steadily since the listing one month ago, according to the latest data from the Shanghai Futures Exchange. The country listed its first-ever Containe

20.09.2023.The Electronic Trade Documents Act comes into force in the United Kingdom, giving legal recognition in English law to electronic trade documents, including electronic bills of lading. The Electronic Trade Documents Act was preced

Cosco container ship at the port of Piraeus in Greece Chinese companies hold investments in some 31 container seaport terminals in Europe and the Mediterranean as of end-August, reflecting the increased activity by Chinas state players in E

The International Union of Marine Insurance reviewed 2022s underwriting performance at its annual conference in Edinburgh this week. Global ocean hull premiums rose in 2022 by 5.7% to reach US$8.4bn. This was largely due to a combination of

(Dubai, 21 September 2023) Marcura, a leading maritime solutions provider, is pleased to unveil significant advancements in its leadership team to reinforce its strategic expansion plans. The company has introduced two key senior executive

London and Singapore, 21 September 2023. The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market according to Maritime Strategies International. COVID-related

On September 20, Shanghai International Port (Group), ChinaCOSCO SHIPPING Corporation,State Power InvestmentCorporation and China Certification InspectionGroupjointly signed the Memorandum of Cooperation on the Construction of Green Methano

During the first eight months of 2023, contracting of product tanker newbuilds hit a 10-year high, reaching 140 ships and 10.72 million deadweight tonnes (DWT). The last time more than 10 million DWT were contracted from January through Aug

[Photo by Fu Yifang/China Daily] Cross-border freight trains have enabled Tianjin to continue in its role as a transfer hub of a sea-rail corridor linking Eurasian countries with the world. Cross-border freight trains from the coastal city

20 September 2023. Swiss marine power company WinGD has signed a memorandum of understanding with KSS Line to explore X‑DF‑A engines for future newbuild projects. The companies will focus on 52cm- and 62cm-bore versions of the dual-fuel

[YAO FENG/FOR CHINA DAILY] Chinas shipbuilding industry recorded sound development in the first eight months, with robust growth in output, new orders and holding orders, helping the sector emerge as a formidable force propelling the countr

Shipping continues to innovate in terms of vessel capacities, greener technologies and more modern operating practices. At the same time, the way that goods are being carried, particularly unitized cargoes, are also changing. Innovation and

LNG dual fuel powered very large crude carrier (VLCC) Antonis I. Angelicoussis is now certified by the Green Award Foundation. The Greek-flagged ship is the first LNG dual fuel VLCC to join the Green Award programme. The certification inclu

This analytical piece provides an in-depth examination of current trends in blank sailings across major shipping routes, encompassing the Transpacific, Transatlantic, and Asia-North Europe Mediterranean trades. Shipping firms cancel or excl