Some of the estimated 1,000 seafarers trapped in Ukraine have escaped, the International Labour Organization (ILO) and industry officials told Reuters, while voicing concern for those remaining trapped onboard ships or unaccounted for. Seve

The transport demand slowly recovered, and freight rates on some routes rose Ningbo Containerized Freight Index: In the week ending Apr-15, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 3433.3 po

On April 15, Shenzhen Maritime Safety Administration issued the Certificate of Competency for Seafarersof the Peoples Republic of China to a Croatian seafarer, Silvijo Udovicic. He will be employed onfirstChina-flagluxurycruiseship Zhaoshan

ADNOC and Shanghai Bluesoul Environmental Technology Co., Ltd. (Bluesoul) signed a series of orders for ship energy system upgrades. This is another internationally well-known shipowner after Mediterranean Shipping Company (MSC) this year t

HONG KONG, April 16 (Xinhua) -- At least one person was killed and six others injured after a blast occurred on an oil tanker about 300 km to the east of Hong Kong, local media reported on Saturday. Source: Xinhua The opinions expressed her

Green hydrogen and green hydrogen-derived ammonia are the only scalable fuels that can achieve the emission reduction targets set forth in the Paris Agreement, a new report has found. Illustration. Courtesy of IMO on Flickr The report, enti

Drewrys composite World Container Index decreased by 1.2% to $7,945.31 per 40ft container this week. Our detailed assessment for Thursday, 14 April 2022 The composite index decreased by 1.2% this week, but, remains 62% higher than a year ag

Despite sustained double-digit growth in foreign trade, Chinese regulators and businesses are taking note of unexpected pressure in both internal and external environment, seeking a more proactive response to stabilize trade growth. Officia

The managing director of Hong Kongs Landbridge Ship Management, Sanjeev Verma, has praised Singapores introduction of vaccinated travel framework for sea on 1 April. Some of the Chinese seafarers recently lined up to sign off from the port

CSSC Shipping announced that for the three months ended March 31, 2022, the companys revenue was HK$768 million, a year-on-year increase of 62%; the net profit during the period was HK$470 million, a year-on-year increase of 69%. The increa

A strong minor bulk freight market in the first quarter of 2022 saw Hong Kongs Pacific Basin Shippinggenerate average Handysize and Supramax daily time-charter equivalent earnings of US$23,810 and US$32,510 net per day in the first quarter,

The Baltic Exchanges dry bulk sea freight index rose for a third straight session on Thursday and was set for a weekly gain, thanks to a jump in rates across vessel segments. The overall index, which factors in rates for capesize, panamax a

Design Re-uses LNG Carrier Tanks to Simplify FLNG Construction An innovative concept for a floating LNG (FLNG) vessel utilizing storage tanks from older LNG carriers has been granted approval in principle (AIP) by ABS. The design, jointly d

Approval in Principle for Chinas first ammonia-powered Newcastlemax bulk carrier, to be built by DSIC. LR, a leading global provider of classification, compliance and advisory services to the marine and offshore industries, has awarded Appr

Hong Kong headquartered Fleet Management has taken delivery of the 33,000 dwtMT Gold Trader-currently the worlds largest dual-fuel parcel chemical tanker on behalf of its clients, Nishin Shipping. The latest addition to the fleet reflects t