End of October 2022 total fleet values in the Top 10 Ship Owning Nations Regions include the vessel types covered by VesselsValue: Bulker, Tanker, Container, Reefer, Small Dry, LNG, LPG, Vehicle Carriers, RoRo, Cruise, OSV, OCV, MODU and CT

Hong Kong Maritime Week ended on Nov 26 with the big message from the shipping industry that more policy attention is needed for the city to expand its reach as a global shipping center, as well as to meet international shipping decarboniza

The Baltic Exchanges dry bulk sea freight index snapped its three-session losing streak on Tuesday, supported by higher rates for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax and supramax shi

Since Starlink announced its connectivity services for the maritime industry, customers have shown big interest in Low Earth Orbit (LEO) satellite communications at sea, because of the systems ability to provide high-speed Internet at very

On November 25, Lloyds Register of Shipping issued the AiP Certificate for the design of methanol-fueled 2900TEU container ship of CIMC ORIC. This design will be promoted in the global feeder ship market and is expected to become the main s

The G7s cap on the price of Russian oil started on Monday, with Moscow saying that the move will not affect its special military operation in Ukraine, and insisting it would rather cut production of the fossil fuel than sell it at a price d

Recently, EverbrightFinancialLeasing delivered three VLGCs to customers in the form of financial leasing, with the leasing amount exceeding US $180 million, and the fourth ship is scheduled to be delivered at the beginning of 2023. This pro

On 18 November, Indias government removed export tariffs on iron ore and some intermediary steel products. However, this was not enough to keep domestic ship demolition prices from dropping to USD 525 per Light Displacement Tonnage (LDT) at

The efficiency and advanced design of the technology group Wrtsils Cargo Handling and LPG Fuel Supply systems have again been validated with a major order. These solutions have been selected for two LPG/Midsize gas carrier vessels being bui

This circular supersedes Port Marine Circular No. 17 of 2019. Thecurrentportduesrebateschemeforvesselshandlingtranshipmentvehicles in Singapore will expire on 31 December2022. Port dues for vessels handling transhipment vehicles in Singapor

Singapores National Hydrogen Strategy was launched at the Singapore International Energy Week 2022. A key thrust of the strategy is for Singapore to experiment with the use of advanced hydrogen technologies that are on the cusp of commercia

As the container logistics industry prepares for the year 2023, evident changes are being seen in its container sourcing strategy, diversifying the risk and having lesser dependence on linear supply chains being one of the top priorities. T

SINGAPORE, Dec 6, 2022 - (ACN Newswire) - Fast Offshore Supply Pte Ltd , Asias largest offshore crew boat operator, has signed an MOU to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. a

China Merchants Jinling Shipyard (Nanjing) has completed the basic design and development of the second phase of the new-generation LNG powered 8,000 CEU PCTC, and obtained the AIP certificate issued by DNV. The LNG powered 8,000 CEU PCTC i

On December 1, Capital Ship Management, a subsidiary of Greek shipowner Evangelos Marinakis, ordered two 115,800 dwt LR2 product tankers in New Times Shipbuilding. According to Clarksons data, the new ship is planned to be delivered and ope