Except for February 2023, the uninterrupted year-on-year decline of container throughput at the Port of Hong Kong continued in September with a 14% fall off in boxes handled. The total throughput for September at all facilities was 1.197 te

New research has found that the maritime industry remains an easy target for cybercriminals, and that the cost of attacks and demand for ransom payments across the sector have skyrocketed over the past 12 months. The report, which was produ

High energy prices and aggressive interest rate hikes will lead to slow economic growth in western economies which could potentially spread to Asia. High inflation and monetary measures to combat the higher prices will likely impact consume

Majuro, Republic of the Marshall Islands, 17 October 2023.The Registrar of Corporations welcomes the decision by the European Unions (EUs) Economic and Financial Affairs Council (ECOFIN) to remove the Republic of the Marshall Islands (RMI)

ASA hassubmitted to the European Commission in October 2022, in collaboration with ICS and WSC, their solid position that the CBER is an important regulatory tool that yields significant benefits to a variety of stakeholders, with no downsi

16 October 2023.Swiss marine power company WinGD will deliver ammonia-fuelled X‑DF‑A engines for a series of two 46,000m3 LPG/ammonia carriers to be built for EXMAR LPG BV, a joint venture of EXMAR and Seapeak, at Hyundai Mipo Dockyard.

Madrid/Copenhagen- Inditex, parent company of fashion brands such as Zara and Massimo Dutti, has partnered with the freight group Maersk to reduce its global greenhouse gas (GHG) footprint from seaborne logistics by incorporating alternativ

[Photo: Xinhua/Zhang Ailin] BEIJING, Oct. 13 (Xinhua) -- Chinas total imports and exports of goods continued to improve in September, with the trade volume reaching a new monthly high for this year, official data showed Friday. The foreign

Capesizes Closing at $27,591 the Capesize TC average maintained similar levels week-on-week, however large gains were seen on Monday when the spot rate climbed close to $29,000, but neither Atlantic nor Pacific basin was lending much of the

As the International Association of Dry Cargo Shipowners (INTERCARGO) publishes its Annual Review taking in the highs and lows of the past 12 months, it is celebrating its membership reaching the highest point in its 43-year history. The As

On October 11, China State Shipbuilding Corporation Qingdao Beihai Shipbuildingand China ShipbuildingTradingsuccessfully signed a construction contract for a 319,000dwt VLCC with the internationally renowned oil tanker ownerEURONAV. [Photo:

Carriers reduce shipping capacity, freight rates rise sharply on some routes Ningbo Containerized Freight Index: In the week ending Oct-13, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 622.2 poi

From January to August 2023, Chinas shipbuilding industry continued to top global rankings in three crucial categories -- shipbuilding output, new orders, and holding orders, which all reported double-digit growth. The countrys shipbuilding

Large scale changes identified in report include key ports becoming unusable due to climate change, a surge in the percentage of women in the workforce, and African nations becoming the worlds main suppliers of seafarers. The maritime indus

[Photo: DING TING/XINHUA] The deployment of Haixun 08, the largest and most advanced surveying ship in Chinas maritime safety system, will extensively improve the countrys oceanographic research and its support capability for maritime indus