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During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in January was low, no new ships were ordered in February. Weak freight rates, high newbuilding

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Chinese container shipping company，the subsidiary company of Zhejiang Seaport GroupNingbo Ocean Shipping Co., Ltd. (NBOSCO): The successful international debut of its first converted domestic-to-international container vessel,Xin Ming Zho

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Baltic Exchange, the worlds only independent source of maritime market information for the trading and settlement of physical and derivative contracts, and Veson Nautical, a global leader in maritime data and freight management solutions, h

First-of-Its-Kind The New Development Bank BRICS Deal Boosts Chinas LNG Fleet Construction February 24, 2025 | Shanghai​，Chinas ​Bank of Communications Financial Leasing Co., Ltd. (Bocomm Leasing)​ and the ​New Development Bank (N

Download reports at: NCFI Weekly Index Data 2025 2.15-2.21 Ningbo Containerized Freight Index Weekly Commentary 2025 2.15-2.21 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact

Download reports at: NCFI Weekly Index Data 2025 2.8-2.14 Ningbo Containerized Freight Index Weekly Commentary 2025 2.8-2.14 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact Us

Since 2019, the global container market has grown 8%, ending at 183.2m TEU in 2024 according to Container Trade Statistics. However, growth has been very uneven and regional imbalances between exports and imports have increased by 33%, says

Seacon Shipping Group Holdings Limited (HKEX: 2409) has just announced two significant transactions（about the same vessel） that reflect its strategic approach to fleet optimization and capital management. Seacon has entered into an agre

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Baltic Exchange has launched a new series of chemical and agricultural oil assessments in order to meet the evolving needs of the maritime freight market and bring its renowned expertise and benchmarking data to the chemical and agri-oil sh

In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered dropped by 74%, says Niels Rasmussen, Chie

Download reports at NCFI Weekly Index Data 2025 1.11-1.17 Ningbo Containerized Freight Index Weekly Commentary 2025 1.11-1.17 The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact U