Gibson Tanker Market Report Taking Stock Back in March we looked at commercial stock developments for both crude and products in the key trading hubs. Whilst the invasion had just begun and therefore not yet had any impact on inventory leve

CNOOC issued an announcement on the pre-increase of interim results in 2022. The net profit attributable to shareholders of the parent company of CNOOC in the mid-2022 is expected to be RMB 70.5 billion to RMB 72.5 billion, an increase of R

Spot rate developments show fluctuating fortunes for ocean and air freight out of Far East While spot rates are sailing in the right direction for ocean freight from the Far East to the South America East coast, short-term air freight rates

On July 13, JOSCO ALMA left the 801 berth of Nanjing Port Longtan Container, marking the official opening of Nanjing-Taicang-Haiphong-Ho Chi Minh Southeast Asia container trade route. At the ceremony, Jiangsu Ocean Shipping and Nanjing Port

Strict South African laws prevent disembarkation of stowaways in South African ports. Many stowaways in South African ports originate in Tanzania and are repeat offenders. Their objective for stowing away repeatedly appears to be the travel

EMSAs remotely piloted aircraft is in operation in the vicinity of the Strait of Gibraltar providing the Spanish Ministry of Transport, Mobility and Urban Agenda with the capacity to monitor sulphur and nitrogen emissions of passing ships.

Finland-based power electronics specialist is set to join forces with leading maritime energy storage system (ESS) manufacturer Corvus Energy to continue the development of its smart Battery Short-Circuit Limiter (BSCL) protection device fo

Pacific International Lines (PIL) announced the launch of two new initiatives today, which would further enhance its operational efficiencies and strengthen the capabilities of its sea crew in navigation safety. 1)PIL Centre for Maritime Ef

14th July 2022 Hanseaticsoft, a leading provider of maritime software and part of Lloyds Registers Maritime Performance Services, is expanding its presence in Greece, signing Iason Hellenic Shipping Co. Ltd., a leading international transpo

Swiss marine power company WinGD has signed a proof-of-concept agreement with emissions data specialist Chord X to develop digital solutions focused on sustainability in shipping. Among several areas of development, the partnership aims to

On July 12, the Maritime Silk Road . Ocean Expo Ningbo Online was held. Maritime Silk Road . Ocean Expo Ningbo will focus on the needs of the upgrading and development of ralated industries in Ningbo and the Yangtze River Delta Marine Econo

On July 12, the Fortune Plus APP released the 2022 Fortune China 500 ranking, taking into account the performance and achievements of the worlds largest Listed Chinese companies over the past year. Thanks to rising international freight rat

The demand for some routes was insufficient, and the composite index continued to decline Ningbo Containerized Freight Index: In the week ending Jul-1, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quot

ABS has signed a joint development project (JDP) with SpaceX to review the remotely controlled functions of autonomous rocket recovery droneships used for booster rocket recovery at sea. The rocket recovery droneships are modified to includ

Rosita Lau, a leading Hong Kong maritime lawyer at international law firm Ince, is a recipient of multiple awards both for her legal expertise and her role in the development of the maritime industry. Ms Lau was awarded the SARs Medal of Ho