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

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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

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According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to the 3.4m DWT delivered in 2024. At the same time, deliveries w

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At the end of 2024, the container ship order book was 8.3m TEU, a new record compared with the previous high of 7.8m TEU in early 2023 , says Niels Rasmussen, Chief Shipping Analyst at BIMCO. As 4.4m TEU were contracted during 2024, the sec