The risks posed by contaminated bunkers are one of the biggest challenges facing the marine fuels industry, according to North PI director of freight, demurrage and defense (FDD) Mark Church Speaking at the recent Tackling Global Challenges

This year 52 containerships, equating to 94,000 teu, have been sold for demolition. Last year the numbers were 141 containerships for 398,500 teu in the same period. The opening of the expanded Panama Canal in 2016 led to a difficult time f

Predicting the future is a difficult task under any circumstance, but it has become even harder this year given a range of political disturbances. However, we cannot help but notice a few recent developments that make us think that Q1 next

The Singapore Maritime Gallery will host its inaugural exhibition Sampan Girl Smiles, a showcase jointly curated by the Royal Museums Greenwich (RMG) and the Institute of Ancient Chinese Ships (Ninghai Maritime Museum). Sampan Girl Smiles e

The worlds largest LNG bunker supply vessel, the 7,500 cu.m Kairos, has started operations in Northwest Europe on charter from Babcock Schulte Energy to Blue LNG, a joint venture of Hamburg based LNG supplier Nauticor, with a 90% share, and

German ferry operator TT-Line has signed a construction contract with the Chinese shipyard Jiangsu Jinling for the construction of an LNG-powered RoPax ferry. The company said the planned delivery for the newbuild is 2022 with an option to

Wuhan Shipping Exchange has launched three Yangtze River shipping indexes, namely WSCFI (Wuhan Shipping Container Freight Index), CCSFI (China Coal Shipping Freight Index) and CARPI (Changjiang Automobile-roro Prosperity Index), to promote

CNOOC Gas Power, a unit of China National Offshore Oil Corp, said on December 12 its daily supply of natural gas had surpassed 200 million cubic meters for the first time as temperatures plummeted in northern China. CNOOC sent 205 million c

1.East Chinas Fujian province plans to further facilitate cross-border trade by boosting port clearance efficiency and lowering costs.It aims to slash average clearance time in half by the end of 2021,and implement the charges catalogue sys

Chinas most advanced manned submersible Shenhai Yongshi or Deep Sea Warrior reached a milestone on Wednesday as it completed its 100th dive in the southwestern part of the Indian Ocean. In its most recent mission, Shenhai Yongshi dived for

A ceremony celebrating the completion of the Yamal Liquefied Natural Gas (LNG) project, a major energy cooperation project between China and Russia, was held Tuesday in Russias Sabetta sea port, marking a new phase of the two countries ener

Here at VesselsValue, were getting pretty excited about Christmas, and not just because our Christmas party is today. Saying that, were less excited about the inevitable New Years hangover waiting for us around the corner To keep us (and yo

Chinas iron ore futures finished higher on Wednesday. The most active contract for May 2019 delivery ended the day session up 0.42 percent to 474 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors s

Apart from the Belt and Road Initiative, there are many major development projects in the Mainland China, one of which being the International Land-Sea New Trade Channel which was officially renamed recently. The Channel aims at enhancing c

Looking out the windows of his office near the Port of Valencia, Spain, Sun Kai can clearly see the huge arms of bridge cranes stretching out into the sky. Every day, while looking at those cranes, I see my companys business expand in concr