Progress on developing draft lifecycle GHG and carbon intensity guidelines for marine fuels and assessment of impacts of GHG measures has been made by an IMO working group. The session, held remotely, was attended by more than 430 participa

The worlds largest containership by TEU-carrying capacity has floated out with Nippon Paint Marine antifouling and anti-corrosion systems protecting the vessels 400m long hull. When delivered, the 24,000TEU class Ever Alot will be the first

The American people are looking for solutions to supply chain congestion resulting from the impacts of COVID-19. Unfortunately, the Ocean Shipping Reform Act of 2022, S.3580, which was marked up today by the Senate Commerce Committee, addre

On March 18,COSCO SHIPPING InvestmentDalian, a subsidiary of COSCO SHIPPING Group, and Shanghai Linker Groupjointly acquired the equity of Hainan ZhaogangMarine, and the three parties signed an equity transfer agreement. This signing offici

Chinas index of export container transport edged down in the past week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) went down 1.9 percent to 3,301.1, said the exchange. The

More than 90% of the goods traded internationally are shipped by sea, according to the Organisation for Economic Co-operation and Development, with maritime trade volumes set to triple by 2050. About 60% of those goods everything from appli

Chinas coastal bulk freight market increased in general demand in the week ending Friday, according to the Shanghai Shipping Exchange (SSE). The composite index for coastal bulk freight increased 3 percent week-on-week to 1,254.16, said the

Chinas ports recorded growth of cargo throughput in the first two months of the year amid the countrys steady economic recovery, data from the Ministry of Transport showed. Cargo throughput at ports came in at 2.36 billion tonnes in the two

The Seafarers International Relief Fund (SIRF) has launched a new appeal to the maritime industry to support seafarers and their families impacted by the crisis in Ukraine. TK Foundation have already generously donated $50,000 donation to t

New research has found that where cyberattacks in the maritime industry lead to a ransom payment, shipowners pay more than $3 million on average to the perpetrators. The report, which was produced by maritime cyber security company CyberOwl

CEOs, industry heads and key ocean stakeholders are preparing to supercharge change at Nor-Shipping 2022 in the Blue Talks series of panel discussions. The 12 talks take place in the Blue Economy Hall at Nor-Shippings Lillestrm exhibition f

Data-sharing could unlock billions of dollars in commercial benefits for shipping as well as accelerate decarbonisation. But legacy systems and a restrictive mindset are hindering the industrys digital transformation and stalling the vital

The global shipping industry has already taken a big hit from COVID-19, highly volatile fuel prices, and the ongoing geopolitical crises. Consumers the world over will be bearing the brunt of it. About 140 ships with over 1,000 crew are stu

The supply and demand relationship did not perform well, the composite index continued to fall Ningbo Containerized Freight Index: In the week ending Mar-18, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE

Tight Tanks Each week, Gibson monitors developments in refined product and crude oil inventories. Even before the invasion of Ukraine and subsequent sanctions on Russia, stocks were low in every major trading hub, leaving the world exposed