The EVER ALOT, the largest container ship in the world, with just over 24,000 teu capacity, has been delivered to ABS class. The vessel is the latest in a series of five being built by Hudong-Zhonghua Shipbuilding in China to ABS class. The

Chinas foreign trade will likely record double-digit growth in the second half of the year, thanks to the nations strong economic resilience and faster recovery pace, according to a former vice-minister of commerce. The annual growth rates

Bureau Veritas (BV), a world leader in testing, inspection and certification, Wah Kwong, one of Hong Kongs largest shipowners, and Shanghai Qiyao Environmental Technology Co. Ltd. (QIYAO ENVIRON TEC), a subsidiary of Shanghai Marine Diesel

Inchcape Shipping Services Holdings Limited (Inchcape) registered in England has signed an agreement to acquire Kennedy Hunter NV in Belgium from Conti-Lines Group (formerly Conti7). The 100% acquisition of Kennedy Hunter NV delivers Inchca

PetroChina International delivered its first gasoil cargo to Pakistan recently, signaling the companys breakthrough in the South Asia product market, the company said on its WeChat account on late July 28. Instead of China-origin, the gasoi

Twenty-five bodies have been found while one person remains missing from the engineering ship Fujing 001, which sank off the coast of Yangjiang, Guangdong province, ahead of Typhoon Chabas arrival on July 2. Four crew members who had been r

Parting of tensioned mooring lines has been associated with some of the worst human injuries, and loss of life registered in Gards claims portfolio. Use of worn mooring lines, overtightening of the brakes, or sudden movements of the ship ar

Asset Play Over the past few years tanker owners have watched containership values surge to unbelievable levels, whilst their own values have struggled against a backdrop of weaker transportation fuel demand following the pandemic. However,

Global coatings pioneer Nippon Paint Marine has added a new anti-corrosive universal primer to its E-Marine range of paints. E-Marine 2000 is the Japan-headquartered companys first general-purpose epoxy primer manufactured in China for the

From July 2022 Vitol Bunkers has extended its bunkering services to Jebel Ali (the largest container port in the Middle East) and to Port Rashid Cruise Terminal, Dubai. This represents another step by Vitol to address the supply requirement

At 3 PM on July 27, the State Council Information Office P.R.C held a press conference. At the meeting, Zhang Jianhua, director of the National Energy Administration, introduced that on the domestic front, the overall security and stability

July 28, 2022 Oslo, Norway Despite another slew of rises in long-term contracted ocean freight rates across key global trade corridors, month-on-month growth is slowing - and spot rates continue to weaken suggesting prices may have peaked.

X9575, a freight train, having departed from Chongqing in Southwest China, arrived at the Qinzhou Port East Station in South Chinas Guangxi Zhuang autonomous region on Monday. Loaded with goods such as auto parts, chemicals and Chinese pick

On 22 July, Russia and Ukraine signed an agreement with Turkey and the United Nations to allow grain exports from three ports in western Ukraine: Yuzhne, Chornomorsk, and Odesa. Combined, the three ports accounted for 65% of the countrys to

The Baltic Exchanges main sea freight index fell for the third straight session on Wednesday, hitting a two-week low as rates across vessel segments declined. The overall index, which factors in rates for capesize, panamax and supramax ship