Though international shipping freight rates have been declining recently, the already high rates may stay as Chinese production activities as well as foreign demand for Chinese goods pick up ahead of Christmas and the New Year, Chinese trad

The Baltic Exchanges dry bulk sea freight index dipped to its lowest in a week on Monday, pressured by declines in the larger capesize and panamax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax

The IPEC 2021 Commodity Investment and Trade Promotion Month in Zhoushan, Zhejiang province, served as a platform for exchange and cooperation in the global oil industry, senior officials said. It has become an important carrier for global

SeafrigoGroup, world specialist in temperature-controlled food logistics. SeafrigoGroup pursues its development and inaugurates a new 60,000m (650,000sq.ft.) ambient temperature logistics platform in Le Havre, in the port area and in the im

The market is heating up for ballast water treatment (BWT) systems amid a retrofit rush that has resulted in a recent surge of orders for leading supplier Optimarin and it says fast-track delivery is vital to meet soaring demand. Shipowners

With Nor-Shipping 2022 on the horizon, Norwegian Maritime Exporters (NME) is looking forward to a return to full-scale exhibitions, face-to-face meetings and a unique Winter Wonderland for international visitors. ErlendPrytz is a man who li

The profit of Yang Ming Marine has soared, and the net profit after tax in the first three quarters exceeded NT$100 billion. Yang Mings latest financial report data shows that the companys single-quarter net profit after tax in the third qu

The giant cargo ship Ever Given that blocked the Suez Canal for nearly a week in March has been repaired in east Chinas coastal city of Qingdao, local authorities said Saturday. The ship loaded 5,147 twenty-foot equivalent units (TEUs) at a

Workforce Singapore (WSG) and the Maritime and Port Authority of Singapore (MPA) have rolled out an enhanced Career Conversion Programme (CCP) for Sea Transport Professionals and Associates. Benefitting up to 300 individuals over two years,

Ocean shipping is a crucial part of the worlds interconnected transportation system, and handles more than 95 percent of Chinas global trade. Shipping costs have skyrocketed over the past year, so it was a surprise to everyone when they sta

The relationship between supply and demand had eased, and the freight rates of most routes has fallen Ningbo Containerized Freight Index: In the week ending Nov-5, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange

You want us to do what, Joe? Its not very often that a leader of a large oil producing nation calls on other oil producing countries to actually pump more oil. But this is what Joe Biden asked for at the G20 a couple of weeks ago. This isnt

Overview This BIMCO COVID 19 weekly report for the week ending 12 November covers Argentina, Canada, Indonesia, Italy, Myanmar, Singapore, USA and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises m

Danish-based marine electronics company, Daniamant, presents its electronic inclinometer,the DanEl-300, which is helping the industry to meet upcoming regulations set by the International Maritime Organisation (IMO). The IMO is making it a

On November 10, the christening and delivery ceremony of the seventh and eighth ship SOLAR RUO YUN and SOLAR KAREN of 8 50,000dwt IMO Ⅱ chemical tanker project of Shandong Shipping was held in Jingjiang, Jiangsu Province. This marks the p