Guangzhou City in south China began operating its first regular directshipping route to Brazil on Monday. The inaugural cargoshipleft the Nansha Port with 592 containers of goods, and will reach the Port of Vitoria in Brazil in two weeks. S

04.09.2023.Gard announced strong half-year results, particularly in the PI market. The groups half-year results for the period 1 January 2023 to 30 June 2023, on an Estimated Total Call (ETC) basis, were as follows: A result of USD 59 milli

Lbeck, September 04, 2023 In Germany, two pilot projects are under way for the dismantling of obsolete ships with the environmentally friendly waterjet abrasive suspension system. ANT AGs high-performance, energy-efficient technology achiev

On August 29, CSSC Chengxi Shipyard, jointly signed the construction contract for four 50,000 dwt product tankers with China Shipbuilding Trading and ZhiZhan Pte Ltd., a wholly-owned shipping company under Singapore shipowner Singfar Holding

Capesize The Capesize market observed a shortened trading week due to the public holiday in the UK on Monday and another in Singapore on Friday. Trading in the Pacific region displayed consistent volumes throughout the week. The presence of

The latest official data showed that China exported 27.78 million vehicles in the first seven months of this year, a year-on-year increase of 74 percent. This sustained the trend of the countrys robust expansion in auto export. In recent ye

Singapore, 2 September 2023 Global leaders and policymakers will convene in Singapore next week at Gastech 2023. Discussions come at a critical moment for the industry following price disruptions due to concerns of refinery strikes in Austr

Ice Age: The Meltdown Voyages through the Northern Sea Route (NSR) are no longer a surprise. Russia has been trying to develop this route for many years now, making it one of its strategic priorities in the 2000s. Reports of tanker shipment

The conflict between the Ukraine and Russia has caused a change in trade flow patterns for various commodities but none more so than the Tanker sector. Data from Oceanbolt, a Veson Nautical solution, indicates an increase of Russian oil exp

On August 31, CSSC Dalian Shipbuilding Industry and China Shipbuilding Trading successfully undertook the new construction project of three175,000m3 LNGcarriers from COSCOSHIPPINGEnergyTransportation andSINOPEC Kantons Holdings Limited (Kan

There are growing concerns within the shipping community, including marine underwriters, about fires breaking out on car carriers and roros with the assertion that many of these fires are attributable to electric vehicles. In response, the

Garden officially takes over his new role at the Norwegian maritime accommodation and interiors specialist as of today. We are delighted that Daniel has joined our very capable team. He has the experience and energy we need to enter an exci

Economy: For the first time in the modern era, China owns the worlds largest merchant fleet in gross tonnage (gt) terms. Chinas GDP forecasts growth is below the official 5% target, and there is fear of Chinas potential deflation to slow it

COSCO Shipping Lines showed an unusually strong result in 2Q 2023, becoming the only carrier to significantly improve its finances compared to 1Q 2023, after an apparently highly successful cost-cutting move, according to Alphaliner. COSCO

The largest bi-fuel ocean-going car carrier in China was launched on Tuesday for the transportation of Chinese vehicles on the special routes to Europe, Australia and New Zealand. The carrier is customized by JiangnanShipyard (Group) Co., L