Orient Overseas (International) Limited (HKEX.0316) (OOIL or the group), the parent company of Orient Overseas Container Line (OOCL) and OOCL Logistics, was selected by Dow Jones Sustainability Indices (DJSI) to become a constituent of Dow

From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship Energy Efficiency Management Plan (SEEMP). Ships must also report the consumption data from th

One-way pick-up charges for containers are falling further in China. In September 2021, these charges were at their peak at somewhere around $2730, while in December 2022, these are somewhere around $804. This is a 70% decrease. This declin

A new luxury cruise ship design developed independently by China State Shipbuilding Corporation (CSSC) has been given Approval in Principle (AiP) by China Classification Society (CCS). The 80,000GTcruise is being heralded as an important mi

The Isle of Man Ship Registry (IOMSR) is expanding its reach into ASEAN region after joining the Singapore headquartered Asian Shipowners Association (ASA). The IOMSR deputy director Toby Brooks said the flag state represents a third of ton

Kawasaki Kisen Kaisha, Ltd. (K LINE) and Northern Lights JV DA have signed Bare Boat Charter and Time Charter contracts for two 7,500 m3 liquefied CO2 ships. The ships will be delivered in 2024 and will contribute to the worlds first full-s

According to Shanghai Municipal Development and ReformCommission, the Shanghai Luojing Port Container Terminal reconstruction Phase I project has been approved and will be started in the near future. At the end of September, SIPG announced

CDES: A New Paradigm for Navigating an Increasingly Complex World Collaboration and digitalization are widely discussed topics in transport and logistics because they are critical drivers of economic and societal value creation. We advocate

Swiss marine power company WinGD has received orders from two LNG carrier operators for its WinGD Integrated Digital Expert (WiDE) engine monitoring, diagnostics and remote support service. Knutsen OAS Shipping has ordered WiDE for seven ve

Pat McCloud, Chevrons General Manager for Global Marine Lubricants, puts its 40 BN Category II lube oil into a broader context Chevrons new Category II lube oil, Taro Ultra Advanced 40, can contribute to meeting European and global carbon e

Photo shows from left to right: Gu Liqun, Director of Port Office of Ningbo Municipal Peoples Government, and Hu Minren, Deputy District Mayor of the Yinzhou District Peoples Government. We are delighted to announce the opening of the IMarE

The International Maritime Organization, UNs global regulatory body for shipping, will soon introduce its first set of emission regulations despite controversies surrounding its Carbon Intensity Indicator which comes into force in 2023. Fro

Fleet Management (FLEET) congratulates its crew onboard managed tanker SILVER MUNA who rescued two men and pet dog from their powerless sailboat, more than 200 miles off the coast of Delaware. The Americans Kevin Hyde, 65, and Joe Ditomasso

What the hell just Happened? 12 months ago, we titled our closing report of 2021 A year to Forget. 2022 has been anything but and summarizing what just happened on one page is no easy feat. Early in January, we then titled a report called T

The car carrier sector is experiencing exceptionally firm market conditions, with operator profits strong and charter rates having surged to the highest levels on record. Support has been provided by the post-Covid car trade rebound gatheri