With LPG earnings currently at all-time highs, we take a brief look at what is behind this bull run and the impact that this may be having on vessel values. VLGC one year time charter rates are at around 2,600,000 USD/Month, the highest lev

Cyan Renewables today, together with its consortium of six other partners, announced the launch of a green energy consortium to jointly design and develop electric harbour craft operations in Singapore. Led by Cyan Renewables, the consortiu

[Photo provided to chinadaily.com.cn] COSCO SHIPPING Crystal Logistics UK, a subsidiary of COSCO SHIPPING UK, inaugurated a new warehouse at London Gateway Freeport on Tuesday. The milestone signified a major leap forward in COSCO SHIPPINGs

13th September, 2023: RightShip, the leading provider of maritime data and transparency, announces the launch of its enhanced GHG 2.0 Rating the latest version of its industry leading maritime decarbonisation product. The new version featur

SHANGHAI, Sept. 13 (Xinhua) -- China has become the worlds largest ship-owning country in terms of gross tonnage, the Ministry of Transport said on Tuesday. Fleets owned by Chinese shipowners now total 249.2 million gross tonnes, the minist

Improper operation of a ballast water treatment system (BWTS) can result in additional costs, delays and compliance issues for shipowners. Crew training is an essential element in a BWTS installation to provide technical insight, operationa

Procureship, provider of one of the worlds leading e-procurement platforms for marine buyers and suppliers, has joined up with ABS Wavesight, the ABS-affiliated maritime software-as-a-service (SaaS) company, to offer its digital procurement

Simpson Spence Young (SSY), the worlds largest independent shipbroker, has today announced the launch of a new, all-encompassing facilitation service which will ensure its customers regulatory and operational compliance ahead of the maritim

During the first eight months of 2023, US dirty tanker export demand increased 33% year-on-year while the global dirty tanker exports increased only 5%. Measured in deadweight tonne miles, US exports now account for 14% of global dirty tank

London-headquartered global energy supplier for small-scale LNG and gas carrier owner Avenir LNG Limited (Avenir) has awarded the management of three LNG bunker vessels to Wilhelmsen Ship Management (Wilhelmsen). The vessels awarded are Ave

With the ring of the London Stock Exchange bell, London International Shipping Week 2023 (LISW23) is now officially open. Up to 30,000 maritime leaders from across the world are joining decision makers and industry stakeholders in London to

[Photo by Jiang Xueqing/China Daily] An official from the Chinese Ministry of Transport on Tuesday highlighted various world-leading indicators for the nations shipping industry, ahead of a major forum on global cooperation in the shipping

The maritime industry must improve its forecasting to prepare for a range of possible futures, according to its leading classification society. Lloyds Register and Lloyds Register Foundation have called on shipowners and other supply chain

Paraguayan shipowner and operator Girona S.A. Rio Sur Transporte y Logisticahas contracted Dutch inland shipping construction yard Concordia Damen to build a CDS4115 Shallow Draft 5.400 HP River Pusher to expand its fleet. The family-owned

Lausanne, Switzerland 11thofSeptember2023Major maritime industry players have come together in a collaborative effort to implement Daphne Technologys groundbreaking SlipPureTMmethane abatement solution onto the Angelicoussis Groups LNG carr