Shipping group Maersk on Friday posted better than expected fourth-quarter revenue and earnings, fuelled by record freight rates for container shipping. A fall in ocean-going container volumes by 4% in the last three months of the year was

Rates for shipping containers from east Asia and China to both US coasts are on the rise again as US consumers demand for goods shows no signs of easing. The trade group National Retail Federation (NRF) said last week in its monthly Global

PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the worlds biggest ship refuelling hub in 2021 while the overall number of licensed suppliers fell by four to 41, official data showed on M

Optimarin has bolstered its global sales force with new appointments in Turkey, Hong Kong and Singapore to serve customers better in response to increasing demand for its industry-leading ballast water treatment system (BWTS). New sales man

Strategic Marine (S) Pte Ltd (Strategic Marine) recently handed over Centus Ten to Malaysian Offshore operator Centus Marine Sdn Bhd (Centus). This marks the third fast crew boat handed over by Strategic Marine to Centus in the last 12 mont

The Signing Ceremony of Cooperation Agreement between CMJI(Weihai) and RINA was held atCMJI Weihai on 13thJanuary 2022.Ms.Kelly Huang,Commercial Director of RINA Greater Chinaand Mr.ZHENG Hehui, General Manager of CMJI(Weihai) have signed t

The freight rates of most routes fell, and the composite index stopped rising and fell Ningbo Containerized Freight Index: In the week ending Jan-7, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes

All-inclusive container shipping rates from North and Southeast Asia to North America were widely viewed as having reached a medium-term ceiling after returning to record high levels, but support is expected to be maintained at least for an

Tanker Super Cycle? For tankers, it feels like every other shipping sector has experienced some form of super cycle over the past 12-18 months. Whilst tanker owners witnessed record low earnings, rates in the container and LNG sectors soare

The weather in Brazil is currently having a negative impact on the dry bulk market as rains slow down mining operations whilst elsewhere drought is damaging crop yields. A spell of very wet weather has drenched parts of central Brazil, incl

Simpson Spence Young (SSY), the largest independent shipbroker in the world has today announced the acquisition of Anchor Shipbroking Inc. Based in Piraeus, Greece, Anchor Shipbroking are specialists in Sale Purchase, offering a full range

The 2022 edition of the Leading Maritime Cities (LMC) report was launched today at an event hosted by the Singapore Maritime Foundation (SMF), providing fresh insights into which global hubs offer the best infrastructure, technology, financ

Hanseaticsoft and Solitwork today announced a strategic partnership. The mission is to jointly improve shipping companies ability toprovide ship owners and managers with enhanced and automated reporting options, further improving business d

Commissioned by our entrusting party, Guangzhou Shipping Exchange Co.,Ltd. (GSE) and Guangzhou Hang Qing Bao Auction Co., Ltd. determines to organize an online bidding for a general cargo ship named EVER RICH. The announcement is stated as

Shipping organisations should be able to gather the data they need for operational optimisation regardless of its source says Nicolas Furg, Marlink Decarbonisation and Digitalisation: the shipping industrys twin challenges have a symbiotic