The Maritime and Port Authority of Singapore (MPA) will extend support measures under the MaritimeSG Together Package for another six months, from 1 January to 30 June 2022. First introduced in May 2020, this latest extension of the Maritim

Rates for shipping containers from east Asia and China to the Americas remain elevated, although largely stable, but some market participants are seeing increases as they schedule January shipments. The main drivers of the elevated rates co

A court in Mauritius sentenced both the captain and first officer of the Japanese bulkerWakashioto 20 months in prison after they pleaded guilty on the charges of endangering safe navigation. While the magistrate hearing the case refused to

China State Shipbuilding Corp relocated its headquarters from Beijing to Shanghai on Friday, marking a new chapter in the companys history. The worlds largest shipbuilder is seeking to better serve the nations major strategies, official sou

The demand Increased at the end of the year, and the freight rates of most routes have increased Ningbo Containerized Freight Index: In the week ending Dec-24, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NB

14 types, 71 ships, 15.8 billion! Huangpu Wenchong completed its annual business target of 316% !Huangpu Wenchong, a subsidiary of China State Shipbuilding Corporation, has reached a new high in its annual business operation! At the signing

Cargo and container throughput at Chinas ports registered stable growth in the first 11 months of the year, data from the Ministry of Transport showed. From January to November, cargo throughput at Chinas ports totaled 14.21 billion tonnes,

The Asian low sulfur fuel oil market will enter 2022 on a firm footing that was likely to continue for much of the year due to the emergence of China as a major ship refueling destination. The optimistic outlook comes despite concerns surro

It is the time of the year when analysts and others take their crystal balls out of the closet for the annual dusting off. A new year with unwritten pages beckons, with yet unknown challenges and opportunities. The year soon to be consigned

China Development Bank Leasing and Cyprus shipowner Schoeller Holdings reached a financial chartering agreement to acquire 21 ships and lease them back for a total price of US$142 million. The 21 SPVs as charterers belong to Cyprus shipowne

Every day, tens of thousands of containers arrive at seaports from countries all around the world. Containers and other cargo are carried aboard liner ships container and roll-on-roll-off (roro) vessels which offer regularly scheduled servi

Feeder services between production hubs in South China and export gateways, set to be suspended from mid-December to mid-February, are indications of an early start to the Lunar New Year shutdown in China, sources say. Premature feeder canc

Chinas exports of clean marine bunker, or very low-sulphur fuel oil (VLSFO), rose 17.8% in November than a month ago, as refineries acquired a new batch of export allowances, according to Reuters. Observed on Monday, the General Administrat

The Oil Companies International Marine Forum (OCIMF) is overhauling its Ship Inspection Report Programme (SIRE) by introducing tablet-based inspections, a more comprehensive inspection process, and enhanced policies and procedures from Q2 2

Demand for LNG-fuelled newbuilds is growing across the shipping industry. Pump specialist Svanehj has quadrupled its sales of fuel pump solutions in 2021 and is heading for an all-time high order intake. 2021 has been a record year for new