The State Council, Chinas cabinet, has released an action plan to peak carbon dioxide emissions before 2030. The plan puts forward Chinas main objectives for the 14th Five-Year Plan period (2021-2025) and the 15th Five-Year Plan period (202

The Baltic Exchanges dry bulk sea freight index dropped for a sixth straight session to its lowest in seven weeks on Thursday, pressured by weaker demand across all vessel segments. The overall index, which factors in rates for capesize, pa

Paul Anastas, a Yale professor and pioneer in developing non-hazardous chemicals, wins the 2021 Volvo Environment Prize, one of the worlds most respected scientific environmental awards. The research of Paul Anastas is revolutionizing the c

Brazilian and Australian iron ore shipments have eased over the past few weeks. Brazilian exports last week were at the slowest pace since May, a sign that the best is likely behind us for this year. Consequently, iron ore utilization of Ca

On October 27, CIMC officially released the performance report for the third quarter of 2021. The report shows that from January to September 2021, CIMC achieved an operating revenue of 118.242 billion yuan, a year-on-year increase of 85.94

On October 26, 2021, China Crews Remuneration index released by Shanghai Shipping Exchange closed at 1458.19 points, an increase of 119.95 points over the previous period. The current senior seafarers remuneration index closed at 1382.60 po

The International Maritime Organization (IMO) and Singapore have selected the Port of Lobito (Angola) for a pilot project to establish an efficient digitalized system for electronic exchange of information in ports for ship clearance. The S

Nor-Shipping has confirmed that the Third International Ship Autonomy and Sustainability Summit will take place as part of Nor-Shipping 2022 on 12 January. The day-long summit, which focuses on the very latest technological, business and re

On October 26, ZhongGu Logistics released its third-quarter performance report. In the third quarter, ZhongGu Logistics achieved operating income of approximately 3.1 billion yuan, a year-on-year increase of 13.65%; Realized a net profit at

Torqeedo today announced the promotion of Tommi Salonen to vice president sales, Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC). Salonenis now responsible for expanding sales and driving growth while developing Torqeedos reta

Singtel to provide robust VSAT solutions for 33 vessels Pacific International Lines (PIL) is installing satellite communication, or VSAT, on its entire fleet of around 100 vessels. Singtel, Asias leading communications technology group, is

Senior leaders foresee environmental issues to have the most impact in the coming decade for the global maritime industry, particularly as related to decarbonization and new regulations. This is a key finding of the Global Maritime Issues M

London, Wednesday 27 October 2021 Today, the Getting to Zero Coalition launched its Strategy for the Transition to Zero-Emission Shipping, a comprehensive study of the actions that governments, industry, and international bodies must take t

Singapore-based multi-purpose vessel operator AAL has expanded its fleet by purchasing two 33,000dwt second-hand multi-purpose vessels and announced plans to add at least four new 32,000dwt new multi-purpose vessels (MPP). According to Vess

Yang Ming has agreed to one of its container ships to Maersk at a price of nearly US$63 million for a period of one year. Yang Ming said that Maersk has conducted negotiations on the transaction, but did not release other information about