U-Ming Marine has once again been honored with the 2022 Best Companies to Work for in Asia Award, which is organized by HR Asia, a well-known human resources magazine in the region. Selection was made by scholars and experts in related fiel

Maritime technology company NAVTOR has launched what it believes to be a transformational tool for navigators, with the introduction of an advanced auto-routeing module to its NavStation digital chart table. This allows bridge officers, for

The latest Sperry Marine Digital service, powered by NAVTOR, will reduce fuel costs, support regulatory compliance and reduce administrative workload for crew and shore teams Sperry Marine, the Navigation Experts, has partnered with NAVTOR

Copenhagen, Denmark Following the announcement of six strategic green methanol partnerships across the globe earlier this year, A.P. Moller - Maersk (Maersk) adds a seventh methanol partnership with Chinese bioenergy enterprise Debo on the

Successful sea trials of harbor tugboat Maju 510 in Singapore verify autonomous collision avoidance capabilities of ABB Ability Marine Pilot technology In an industry-first, the vessel developed by Keppel Offshore Marine receives autonomous

Hamburg, Germany, 22 August 2022: Average container prices have declined by more than half from the last year in August as China picks up containerised trade volumes more recently, according to an analysis published today by Container xChan

22 August 2022. London, UK. After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the Indian Ocean High Risk Area (HRA). Notification of the removal of the HRA from 0001 UTC on 1 J

BADEN, SWITZERLAND, AUGUST 22, 2022. Accelleron, the new face of ABB Turbocharging, and Japan Engine Corporation (J-ENG), the global engine licenser, have signed a technical agreement that authorizes the use of Accelleron turbochargers on t

Global, sector-focused law firm HFW has boosted its leading Middle East practice with the hire of top-ranked shipping and offshore marine partners Robert Lawrence and Ian Chung. Robert and Ian collectively have more than 30 years experience

Lithuanian ship designer Western Baltic Engineering (WBE) is unveiling new designs for what it believes is the first ever electric pusher vessel for use on Europes inland waterways called the ELECTRIC EEL. Klaipedaheadquartered WBE said the

The freight rates of the routes all fell, and the decline of the composite index expanded Ningbo Containerized Freight Index: In the week ending Aug-12, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quo

Capesize The Capesize market continued to soften this week leaving little ambiguity about the state of the market as the 5TC posted at a low of $6,267 on Friday. While the Pacific rates have already been bottoming out in recent times, the A

Hutchison Ports confirmed earlier reports that it has reached new agreements with the Egyptian government for an expansion of its container terminal operations in the country. News of this agreement comes just days after Maersk also entered

VLCCs back in the game? This week, benchmark VLCC earnings (non-scrubber, non eco) surged to over $40,000/day after spending nearly 20 months with TCEs either negative or below fixed operating costs. TCEs have found supportfrom a combinatio

Feng Ping, deputy general manager of Chery Automobile, said that COSCO Shipping Specialized Carriers had launched the solution in a short period of time, which solved our urgent problem. Cherys car accounted for about 40% in COSCO SHIPPING