In response to President Bidens planned attack on ocean carriers during Tuesdays State of the Union Address, the World Shipping Council released the following statement: It is unfortunate that the President is demonizing ocean carriers, the

The escalating Ukraine-Russia crisis has hindered and disrupted commercial shipment of bulk goods involving energy and grain transportation with the Ukraine army shutting downports and shipping routes, prompting five-fold pricing hikes of o

Data-driven operational efficiencies on existing ships will be necessary to achieve emissions cuts required to reach IMO targets. But a proliferation of new digital solutions in recent years has resulted in an overwhelming software market t

The removal ofallnational coronavirus restrictions in Norway, added to easier international travel, is set to deliver a long-awaited gathering point for top industry leaders at Nor-Shippings Ocean Leadership Conference on 4 April. The event

IRClass Academy, the training arm of Indian Register of Shipping , has signed a Memorandum of Understanding [MOU] with Singapore-based marine and offshore asset integrity management consultant and designer CSIM Systems Pte Ltd (CSIM). The t

Indian Register of Shipping has successfully completed Condition Assessment Programme (CAP) certification of 4 vessels of MOL Tankship Management Pte. Ltd., Singapore. CAP certificates were issued to 2 Very Large Crude Carriers (VLCCs) 2 Li

Global piracy and armed robbery numbers decreased in 2021, according to the International Maritime Bureaus Piracy Reporting Centre (IMB PRC). Its latest annual report shows a 32% drop in overall attacks in 2021 compared to 2020. The drop is

There were few new shipment sources after the festival, and some routes had excess space Ningbo Containerized Freight Index: In the week ending Feb-18, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quot

StormGeo , a leading provider in weather intelligence and decision support solutions for the shipping industry, today announced the launch of a new Carbon Intensity Indicator (CII) Dashboard that provides ship operators with the ultimate di

Swiss based marine engine technology developer, WinGD has expanded its global training network through a partnership with DCS POWER PTE LTD in Singapore to deliver state-of-the-art training for optimizing engine performance and preparing cr

Leading Swedish tanker operator Terntank accepts delivery of TERN FORS on Friday, 25thof February, 2022. TERN FORS is the second tanker of a series of two that combine LNG/LNG engine-powered engines, are 100% biofuel compatible, emit no gre

Banks not Tanks Yesterdays sudden invasion of Ukraine will have major ramifications, not just for the energy markets, but also for the security of Europe. Broad sanctions have been enacted by the major economies of the world. The European U

The Korea Register (KR) has signed an MOU agreement with STX Energy Solutions (STX ES) and Daewoo Shipbuilding Marine Engineering (DSME) to work together on The technology standardization and commercialization of solid oxide fuel cells. The

At least three major buyers of Russian oil have been unable to open letters of credit from Western banks to cover purchases on Thursday, four trading sources said citing market uncertainty after Russia invaded Ukraine. Banks are not willing

On February 23, Dalian Shipbuilding Industry Corporation Limited(DSIC), subsidiary of China State Shipbuilding Corporation, signed a strategic cooperation agreement with Luoyang Ship Material Research Institute. Yang Zhizhong and Zheng Wei,