Korean Register (KR) Senior Surveyor, HASeungman, has been awarded the prestigious Denny Medal from the Institute of Marine Engineering, Science Technology (IMarEST). The renowned Denny Medal is awarded to the best paper published in the Jo

April has delivered a shock to the system for long-term ocean freight rates from the US to the Far East, with significant falls on both East Coast and West Coast routes. The surprise development, revealed by Oslo-based Xenetas weekly market

Maritime satellite communications are evolving to serve the ever-increasing data demands of a digitally maturing shipping industry The twin trends towards decarbonisation and digitalisation in shipping are driving an exponential increase in

Tackling the barriers to transition may be the single most important issue facing the shipping industry on its path to decarbonisation. To succeed, new commercial solutions and shared responsibilities between charterers and shipowners will

The 34th Interim Meeting of ASA SPC was held online on 18 April 2022 due to precautionary measures against COVID-19. The meeting was chaired by Mr Keiji Tomoda, Vice President of the Japanese Shipowners Association and participated in by 24

Shanghais foreign trade expanded by 14.6 percent year-on-year, to 1.01 trillion yuan ($158 billion) in the first quarter of 2022, with exports of automobiles, mobile phones, lithium-ion batteries doubling in growth, despite the challenge po

A two-day course for Chinese college students ended on Dong Fang Hong-3 (DFH-3), a domestically built silent research vessel, on Monday. Students from six universities experienced a variety of lessons, including a marine safety emergency dr

The Baltic Exchanges dry bulk sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday led by gains across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shi

Iridium Communications Inc . (Nasdaq: IRDM) is pleased to announce that it was the winner of three awards in March 2022, highlighting the companys commitment to innovation and sustainability. The awards were presented at the Mobile Satellit

On April 18, General Administration of Customs released the latest monthly statistical report of my countrys import and export commodities in March. Statistics show that in March this year, China exported 262 ships, a year-on-year decrease

This short note deals with some of the key issues that may affect the obligations and rights of charterers and owners resulting from Russia being added to the JWC Listed Areas, with a focus on BIMCO clauses. In all circumstances, parties sh

Local govts, exporters beef up efforts to tackle disruptions, ensure production Despite notable drops in the cost of shipping containers from China to Europe and the United States since late 2021, many Chinese exporters have delayed their d

According to a recent analysis by Container xChange, one of the many challenges for the supply chain now is the overflowing container depots in the US and the pileup of empties that will push the container prices further downwards in the mi

BIO-UV Group has partnered with Fluid Global Solutions (FGS) to strengthen the ballast water treatment system manufacturers presence in the Italian ship repair and newbuilding market. La Spezia-based FGS, a leading provider of pumps and spa

USA-based ship tank coating manufacturer Advanced Polymer Coatings (APC) is gearing up production after signing a new deal with Chinese shipowner Shandong Shipping, to supply a fleet of 50,000 DWT medium range tankers. Avon-Ohio headquarter