The freight rate of most routes was stable, but the freight rate of Thailand and Vietnam has fallen sharply Ningbo Containerized Freight Index: In the week ending Feb-11, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping E

China will adopt multiple measures to reinforce foreign trade supply chains to cope with raw material price hikes and supply constraints, the Ministry of Commerce (MOC) said on Thursday. The MOC will guide enterprises to make use of the pre

American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) to a coordinated design for a wind turbine installation vessel (WTIV) in conjunction with the innovative BargeRack feeder barge system by Friede and Goldman (FG). The

Libyan Limbo In recent years, despite holding the largest oil reserves in Africa and the 9thlargest reserves in the world estimated at 48.40 billion barrels, Libya has gone from a top OPEC producer to struggling to maintain a consistent lev

On February 17, the green methanol fuel-powered VLCC ship design, jointly developed byCSSC Dalian Shipbuilding Industry and COSCOSHIPPING Energy Transportation, won the AiP certificateissued by DNV and CCS respectively. This project is anot

Introduction Industries across the world are contributing to the vast effort to combat global climate change, and Shipping is no different. To achieve a significant reduction in emissions, the International Maritime Organisation (IMO) has c

Ukrainian and Russian waters in the Black Sea and the Sea of Azov have been added as a precautionary measure to the Listed Areas by the Joint War Committee. A copy of JWLA-028 issued on 15 February 2022 can be accessed here . A Ukraine Corr

RINA has announced the Approval in Principle (AiP) of Swedish designer FKAB Marine Designs hydrogen powered MR Tanker, the first AiP of a design using currently viable technology and fuels that achieves IMO 2050 targets. Conceived by the cl

True to its principle of Resolve to Perform, maritime propulsion specialist Steerprop enhances its customer support by strengthening its presence in the North American market. By establishing a subsidiary in Houston, Texas, Steerprop ensure

During the past 7 years, the Capesize, Panamax and Supramax indexes all settled higher in Q3 than Q2. And in each year the highest quarterly average was in either Q3 or Q4. As rateshave surprised to the upsidethroughoutthe past 12 months, t

Evac, the worlds leading provider of integrated waste and water management systems for the marine and building industries, has announced its strategic mission: A future with no waste. The level of ambition is crystallized in the companys ne

On February 15, the first 110,000 DWT Aframax dual-fuel product tanker built byNewTimesShipbuildingfor SingaporeEasternPacificShippingwasofficially delivered. The ship not only has independent intellectual property rights, but also is the f

New team endurance event will fund the charitys five year global port strategy The Mission to Seafarers has launched a new adventure race challenge event in Japan, taking place in early 2023. All sponsors and participants of this exciting r

Pilot transfer arrangements This Marine Notice reminds shipowners, operators, masters, crews, recognised organisations, marine pilots and pilotage providers of the obligation to provide safe pilot transfer arrangements. Background AMSA note

Pacific International Lines (PIL) introduced a new weekly express service connecting China and Australia. The new service, known as Sino Australia Express (SAE), will commence on 10 March 2022 from Qingdao. SAE aims to augment PILs existing