INTERCARGO continues to fully support the ambition to achieve net zero emission shipping by 2050. It is important to stress, however, that this goal can only be achieved by providing the shipping industry with alternative zero carbon fuels.

OHIO, USA based manufacturer Advanced Polymer Coatings (APC) is expanding its work in China after landing a new deal to supply its MarineLINE tank coating system on two new ships being built for Proman Stena Bulk. APC will begin supplying G

ABS today announced the launch of ABS Wavesight, a new maritime software as a service (SaaS) company dedicated to helping shipowners and operators streamline compliance while maintaining competitive, more efficient, and sustainable operatio

With the decline of bulk carrier freight rates, Wisdom Marinesperformance fell to a nine month low in November. On December 5, Wisdom Marine released its financial report. In November, its consolidated revenue was NT $1.716 billion (about 3

On December 4, COSCO Shipping Heavy Industry and COSCO Shipping Energy Transportation signed a joint development and cooperation agreement on Avramax tanker. The two sides will jointly develop a ship type that meets the operation characteri

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