In October this year, South Korean shipping companies received a total of 26 new ship orders of 1.12 million CGT , which accounted for 52% of the global new ship market, surpassing Chinese shipping companies to rank first in the world. Acco

On November 9, CDB Leasing issued an announcement and reached an agreement with Zhongxin Shipping (Tianjin) on the purchase and charter of 16 bulk carriers. According to the announcement, the 16 wholly-owned SPV companies of CDB Leasing and

Shipping must raise its environmental targets, the International Maritime Organizations secretary-general said during the United Nations Climate Change Conference in an apparent nod to growing pressure from shipping companies and politician

Zero-emission fuels and vessels must start being deployed at scale over the next decade to achieve full decarbonisation of the shipping sector by 2050. Scaling the first pilots and demonstrations into industry-wide solutions will be challen

To better serve customers in the Eastern Hemisphere, Clariant is expanding its presence and commitment to the region, including Africa, Southeast Asia, the Commonwealth of Independent States, Europe, the North Sea, and the Middle East. This

On 6th Nov, MOBY FANTASY -- the first vessel of Moby Series, completed its undocking and was launched in GSI shipyard. It is a record-breaking roro passenger: 237m, Gross tonnage 67000, 550cabins, 2500 passengers, 3800lane meters for vehicl

On November 2, at the tanker shipping and trade dinner held in Athens, Greece, the selection results of the annual world-renowned tanker industry award Tanker of the Year 2021 were announced. The tanker Prospero built by Chinas Wuhu Shipyar

As matter of principle, the Asian Shipowners Association (ASA) strongly opposes any proposal for the unilateral or regional regulation of international shipping that may undermine the authority of International Maritime Organisation (IMO),

Viasat Inc. , a global communications company, and Inmarsat , a leading provider of global mobile satellite communications services,today announced they have entered into a definitive agreement under which Viasat will acquireInmarsat in a t

The Baltic Exchanges dry bulk sea freight index was little changed on Monday as an uptick in the larger capsize segment countered a dip in the panamax and supramax vessels. The overall index, which factors in rates for capesize, panamax and

On October 26, COSCO SHIPPING CEN-EXPRESS Service started its maiden voyage in Qingdao Port, Shandong Province. Since 2020, the international container shipping business has been confronting a growingly intense situation, as customers are g

Nor-Shipping organisers have revealed that industry excitement is growing ahead of the January 2022 event, and, especially, the opportunity to socialise as a single, international business community again. In particular, the After Work at A

The 3rdShanghai International LNGShipping Forum was heldon November 6. The forum focused on LNG shipping and green finance, trade, technology and other topics. Liu Peng, deputy director of the water transport bureau of the Ministry of Trans

Introduction Vessel and port congestion levels in 2021 so far have been unprecedented, significantly impacting capacity in the Container and Bulker sectors and disrupting global supply chains. Global shipping congestion in 2021 has been pro

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 Oct-22, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchang