Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry bulk fleet has an average age of 11.9 years whereas tankers on average are 12.8 years old, says Ni

BIMCO has just issued a new Carbon Intensity Indicator (CII) clause for voyage charterparties. Here are the main issues owners and charterers should be aware of. The Carbon Intensity Indicator (CII) regulations have been in force since 1 Ja

[Photo: Xinhua/Zhao Zishuo] SHANGHAI, Oct. 21 (Xinhua) -- Chinas coastal bulk freight index remained flat in the week ending Oct. 20, according to the Shanghai Shipping Exchange (SSE). The composite index for coastal bulk freight stayed fla

Hong Kong chief executive John Lee delivered the longest policy address on record at the Legislative Council building yesterday (25 October). Even so, given his administrations intent to address the broadest range of Hong Kongs economic and

As demand for LNG-fueled vessels remains high, the marine pump specialist Svanehj can now offer a high-pressure pump solution for two-stroke engines a compact unit with three combined cold ends designed for optimal flow and longer service i

London, UK The Institute of Chartered Shipbrokers, a leading professional body in the commercial shipping industry, held its Annual General Meeting (AGM) in London on 25 Octoberwhere it revealed yet another year of outstanding performance a

On 24 October, KR (Korean Register) and HD Hyundai Global Service signed a Memorandum of Understanding (MoU) to cooperate on their verification of maritime carbon reduction solutions, at Kormarine 2023 held in Busan, South Korea. As decarbo

The relationship between supply and demand has improved and the composite index continues to rise Ningbo Containerized Freight Index: In the week ending Oct-20, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (N

Members and Assureds whose vessels are bound for ports of Rizhao/Lanshan and Dalian in China should note recent changes in the distribution of major fish farms affecting the approach to these areas. Rizhao/Lanshan Port The Shandong Maritime

Vitol is strengthening its position in Asias expanding biofuel market, with the delivery of specialised bunker barges to Singapore in 2024. From early next year, Vitol through its wholly-owned subsidiaries V-Bunkers and Vitol Bunkers will b

The Liberian Registry is proud to announce the official opening of the Registrys Miami, Florida office. Please refer to800 Waterford Way, Suite 350, Miami, Florida 33126, USA. This office will serve as the primary center for Registration, M

23rd October 2023. Maritime clean technology company Silverstream Technologies has signed an Agreement in Principle (AIP) with China Classification Society (CCS), a leading member of the International Association of Classification Societies

Ocean Network Express (ONE)is accelerating its digitalisation efforts with the latest successful trial with Shell, with support from the Maritime and Port Authority of Singapore (MPA), for the adoption of the electronic Bunker Delivery Note

The Energy Market Authority (EMA) and Maritime and Port Authority of Singapore (MPA) have shortlisted six consortiums whose proposals will be further developed in a closed Request for Proposal (RFP) to provide a low- or zero-carbon ammonia

BIMCOs Documentary Committee has approved a revised version of the Continent Grain Charter Party, SYNACOMEX, to reflect changes in the geopolitical landscape following events including the COVID-19 pandemic and the war in Ukraine. The revis