Pile-driving bargeYihang JinzhuangPhoto: Zhao Hanqing/Global Times The domestically designed and built, worlds largest 140-meter-class pile-driving bargeYihang Jinzhuang, equipped with the Beidou Satellite Navigation System, was delivered i

Container freight rates including premium service fees continued to escalate this week on trans-Pacific trade lanes from North Asia to North America on the back of widespread restocking by retailers ahead of Lunar New Year beginning Feb. 1,

Sticking to the Plan The first key item on the agenda for oil markets was the January 4thOPEC+ meeting in which the alliance decided to maintain its planned production increase of 400,000 bpd of crude oil for February. This comes at an impo

If you have a ship that doesnt carry much ballast water, small footprint is essential to fit the engine room. DESMI Ocean Guard now presents a line of new and smaller ballast water management systems (BWMS) that completes a full range of BW

On January 6, Hudong Zhonghua ShipbuildingandCSSC (Hong Kong) Shipping Company Limited renewed the signing ofa174,000m3 LNG ship, startinga new chapterin the cooperationandwin-win situation between the two parties on the LNG ship project. I

ABS has further developed its industry-leading approach to aging offshore assets with publication of the Guide for Life Extension of Floating Production Installations. The guidance supports operators looking to extend the operational life o

Container ships are berthed along with the port at Singapores Pasir Panjang Container Terminal on Aug 11, 2021. [Photo/Xinhua] As worlds largest free trade deal now in force, analysts confident on gains. The Regional Comprehensive Economic

Navigation on parts of the Yangtze River by international-trading vessels has come to an abrupt halt following the Covid-19 quarantining of local pilots. Last week, maritime media reported that two pilots working on the Yangtze River had te

In the winter of 2020-2021, five vessels lost nearly 3,000 containers into the stormy Pacific. In just two months, those post-Panamax vessels accounted for more than twice number of lost containers in the previous year. Across widespread me

On January 4, a 86,000 m3 ultra-large dual fuel VLGC GAS CAPRICORN built by Jiangnan Shipyard for Southwest Maritime Limited was successfully christened and delivered. The ship was financed byCSSC (Hong Kong) Shipping Company LimitedforSout

AET, a leading owner and operator of maritime transportation assets and specialised services, took delivery ofEagle Campos, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose built for long-term charter to

Please note, November 2021 total fleet values in the Top 10 Ship Owning Nations Regions include the vessel types covered by VesselsValue: Bulker, Tanker, Container, Reefer, Small Dry, LNG, LPG, Vehicle Carriers, RoRo, Cruise, OSV, OCV, MODU

What are the technologies to watch in 2022? Alexander Buchmann, Managing Director, Hanseaticsoft shares his insights With confidence in shipping industry at a record high as the year ended, maritime software company Hanseaticsoft predicts a

On the first day of 2022, Waigaoqiao Shipbuilding delivered a 210,000DWT Newcastlemax bulk carrier ALPHA TROPHY, kicking off the prosperous production of the year. ALPHA TROPHY has a total length of 299.88 meters, a width of 50.00 meters, a

NAVTOR and Ingenium Marinehave signed a term sheet under which NAVTOR will acquireIngenium Marine. The transaction is subject to execution of definitive agreements.Once completed, Ingenium will become a fully integrated NAVTOR company and c