On September 19, a Panamaxbulk carrier BLUE WAYSgroundedin the waters of Weihai. Twentyfive crewswere in distress. The Beihai Rescue Bureau of the Ministry of Transportof Chinadispatched rescue ships and helicopters to rescue all crewsin di

Capesize The Capesize market made a revival this week, taking fortunes out of the red by rising the tide on values to be closer to the low-teens level on the 5TC. Far from being into smooth-sailing territory yet, the market doesnt seem quit

Speaking at IUMI (International Union of Marine Insurance) conference from Chicago, Rama Chandran, chairperson of the Ocean Hull Committee expressed concern over the long-term sustainability of the hull and machinery insurance sector. He sa

Opening this years IUMI (International Union of Marine Insurance) annual conference in Chicago, President Richard Turner introduced Adapting to a World in Transition as this years conference theme, highlighting the impact of climate, asset,

Leading naval architecture and marine engineering consultancy Foreship has appointed Brendan Harris as Director, Project Management Services, Foreship LLC, in a clear signal of its strategy to grow the companys US-based business activities.

Inflation Reduction Act - Wind of Change? After many months of intense political negotiations, President Biden signed the Inflation Reduction Act (IRA) into law on 16th of August 2022. This bill is seen as the most significant climate bill

15thSeptember 2022, Dubai, UAE: A host of top quality speakers have been lined up for the seventh annual The Maritime Standard Tanker Conference, which this year takes place on 16th November at the Atlantis, The Palm, Dubai. Confirmed speak

Recently, CSPI, a subsidiary of CSSC Power (Group) carried out the test of pure biofuel(BD100 biodiesel) on the 520mm marine low-speed engine(RTX8), which is also China first time to use 100% pure biofuel in the low-speed engine. The biofue

The International Forum on Resilient and Stable Industrial and Supply Chains will take place in Hangzhou, capital of Zhejiang province in East China, from Sept 18 to 20, an official said Thursday. Proposed at the 16th G20 Leaders Summit in

NAVTOR has secured an agreement with Shoei Kisen Kaisha,Ltd.,one of Japans largest shipowners and managers, to deliver the NavFleet application across their fleet of managed vessels. The digital platform will allow the firm to securely shar

Piraeus, Greece, September 15, 2022.Lloyds Register (LR) and Liberian International Ship and Corporate Registry (LISCR) have awarded Design Approval to Hyundai Mipo Dockyard (HMD) for the development of the worlds first 30,000cbm liquefied

The Baltic Exchange and ZCE will cooperate on developing futures settling against the Baltic Panamax Index in China Photo: Shutterstock The Baltic Exchange, through its market data subsidiary, Baltic Exchange InformationServices Ltd (BEISL)

Recently, HangzhouCustomsDistrict P.R.Chinafirst time used the Remote Expert System of COSCO Shipping Heavy Industryto carry out non-contact remote inspection on the luggagecarried by the 9 crews of TIAN SHUN HE, realized the 5G+AR remote i

China has issued a fourth batch of export quotas for very low sulphur fuel oil (VLSFO) of 2.75 million tonnes, taking the total allotments so far this year to 15 million tonnes, three trading sources with knowledge of the matter said on Wed

The Nippon Paint Marine NEOGUARD anti-corrosive coating applied to the cargo holds of the 40,000dwt bulkerStarneshas been a key factor in ship manager HJH Shipmanagement GmbH being able to extend cargo hold maintenance. Starnes, delivered f