Transportation demand has not recovered, and the composite index continued to fall Ningbo Containerized Freight Index: In the week ending Aug-5, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2912

The Baltic Exchanges main sea freight index fell to a fresh six-month low on Friday and posted its fourth consecutive weekly decline as rates slid across vessel segments. The overall index, which factors in rates for capesize, panamax and s

Turbulent Takeoff This summer travel season has been marked by widespread flight cancellations, airport chaos and lost luggage. Amidst this disruption, the European jet fuel market is going through an interesting period given higher demand

The World Health Organisation (WHO) has determined that the outbreak of Monkeypox in more than 75 countries constitutes a Public Health Emergency of International Concern. The Emergency Committee Report and temporary recommendations are ava

Dalian and Singapore iron ore futures advanced on Thursday, as restocking and speculative buying underpinned spot prices in top steel producer China, but doubts remain on the sustainability of a recovery in demand for the steelmaking ingred

Bergen, Norway, 11August2022 -German shipowner OKEE Maritime, which manages a fleet of ten container vessels in regional feeder services worldwide, adopts StormGeos digitalization tools to improve environmental performance, including StormG

Singapore-based dry bulk owner Berge Bulk announces that it had signed agreements with Anemoi Marine Technologies Ltd a global leader in wind-assisted propulsion for commercial vessels to supply and fit two vessels in their dry bulk fleet w

LONDON, 10th August 2022: Drydocks World-Dubai announced today the signing of a strategic agreement with maritime technology company, Silverstream Technologies, to promote the use of market-leading air lubrication technology, for the vessel

On 9 August, the Indonesian Energy and Mineral Resources Minister announced that 71 coal miners failed to meet their domestic market obligations, and that 48 of them are now banned from exporting coal. The ban comes into force just as the E

On August 10, China Merchants Energy Shipping announced that it plans to increase the capital of CLNG by 61.7 million US dollars for the joint venture invested and established by CLNG to build seven new 174,000 m3 membrane-type LNG carriers

On the early morning of August 10, the heavy-haul fishing boat Huchongyu110XX was accidentally grounded on its way back to Hengshayugang Port, which is a listing ship. Chongming MSA rushed to rescue the fishing boat and 9 people were rescue

Research manager Mia Elg of Deltamarin (Photo: Deltamarin) Shipowners and operators should be well into planning ahead for the EEXI and CII regulations coming in from 2023, and what improvements they should make so their ships comply. The b

Lars-Henrik Folke Ossum, Chief Digital Officer, Astrup Fearnley, takes the stage at the Nor-Shipping 2022 Hackathon Astrup Fearnley, Veracity by DNV and Microsoft Norway joined forces at this years Nor-Shipping to demonstrate how digital in

Short- and long-term rates converge on Far East to US routes, offering opportunity for carriers and shippers alike Declining spot rates on the Far East to US West Coast and East Coast ocean freight trades have converged with historically st

A new report from the International Council on Clean Transportation tracked air and water pollution from Singapores bunker sector and urged a shift to renewable fuels. Using data from 2019, the study developed a methodology to identify wher