Recent Developments Following two slow COVID years, Russias invasion of Ukraine, and the market upheaval that has followed, freight rates have risen up to rarely-seen levels. In the three months since 24 February 2022, the Baltic Exchange C

Beijing issued additional oil product export quotas of 4.5 million mt to four state-owned oil giants to ease the inventory pressure amid relatively slow recovery in domestic demand, sources with knowledge of the matter told SP Global Commod

POSIDONIA CONFERENCE PROGRAMME SETS SMART SHIPPING AGENDA More than 30 martech startups from around the world are displaying their solutions and platforms at this years Posidonia Exhibition currently being held at Athens Metropolitan Expo C

Womens International Shipping Trading Association (WISTA) was established in 1974 and is a global, professional network for maritime professionals with 3,500 members in more than 50 countries. WISTA Norway was founded in 1988 and is one of

The digital journey shipping companies are making to recover from the pandemic years By Alexander Buchmann, Managing Director, Hanseaticsoft, part of Lloyds Registers Maritime Performance Services division Shipping companies are focusing on

Sometimes fault is not always one-sided as a recent dispute involving a naval architect and a class society demonstrated. The claim was handled by ITIC (International Transport Intermediaries Club) and originated from a shipyard. The yard w

The Maritime Labour Convention (MLC) 2006 came into force in August 2013 with an aim to ensure that seafarers are guaranteed equal and acceptable conditions no matter which flag they sail under. Under one of the MLC provisions, delegates fr

Approval is given to merging North and Standard Club after separate member meetings resoundingly back plans to create a market-leading global marine insurer and one of the largest providers of mutual cover in the maritime industries. Both c

Strategic Marine (S) Pte Ltd has announced its latest offshore fast crew boat, a 38m extra fast crew transfer catamaran vessel (FCTV). The new vessel has been designed in collaboration with One2Three naval architects in Sydney Australia, in

Chinas shipping industry is bracing for an uptick in demand and freight costs as manufacturing activity in Shanghai roars back to life following the citys return to normal starting last Wednesday, the South China Morning Post reported on Fr

GREEK PM KEYNOTES OPENING CEREMONY WITH EU TRANSPORT COMMISSIONER AND USG PRESIDENT ALSO ADDRESING AUDIENCE Greek Prime Minister Mr Kyriakos Mitsotakis presided this evening over the official opening of Posidonia 2022, as the worlds most pr

DNVs recently published D-INF (data collection infrastructure and vessel connectivity) class notation proves its worth as a powerful quality assurance tool in three first approval projects for digital infrastructure solutions developed by C

Korean Register (KR) has signed a memorandum of understanding (MOU) with DSME, agreeing to work together on increased digitalization and the development smart and autonomous ship technology. The MOU was signed on 18 May and was attended by

Optimarins ability to leverage a flexible delivery model for key components for its ballast water treatment system (BWTS) has been vital to overcome supply chain challenges to keep rolling out its in-demand product to clients amid rising or

The Upcoming78thSession Marine Environment Protection Committee (MEPC)meeting at the International Maritime Organization (IMO) is scheduled to be held on this monthfrom 06 10 June which will be an important meeting on agreeing on mid-term m