The future of sustainable maritime activity will be under the spotlight at Nor-Shipping 2022, taking place 10-13 January. With increasing industry and regulatory focus on decarbonisation, emerging energy solutions and accessing the oceans r

Ningbo Containerized Freight Index Weekly Commentary (10.2-10.8） Ningbo Containerized Freight Index: In the week ending Oct-8, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 4092.0 points, sligh

The Baltic Exchanges dry bulk sea freight index slipped on Monday as a decline in capesize rates offset gains in smaller vessel segments, although the main index held close to a 13-year high. The overall index, which factors in rates for ca

MarineMax Received a Sitecore Experience Award Honorable Mention for their Online Experience ~ MarineMax announced receiving a Sitecore Experience Award (SEA) honorable mention in the Phy-gital category for its work with Sagepath, a digital

U-Ming, SWS and Jotun have signed commercial agreement for the groundbreaking Jotun Hull Skating Solutions (HSS) for U-Mings 190,000 dwt dual fuel bulk carrier newbuilding project at Shanghai Waigaoqiao Shipyard (SWS) in Shanghai, China. Th

On October 9, Dalian Shipbuilding Industry,China Shipbuilding Trading and China Merchants Energy Shipping signed a contract to build a 115,000DWT crude carrier. The 115,000DWT crude carrier signed this time is a new Aframax tanker independe

ARIES GROUP expanded their survey and Inspections portfolio to Underwater by launching an exclusive facility in UAE for Diving services and ROV Surveys. Mr. Sultan Saif Sultan Al Samahi, Member of Board of Directors Fujairah Chamber of Comm

Some routes cut prices to stock up, and the composite index began to fall Ningbo Containerized Freight Index: In the week ending Oct-1, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 4112.4 points

In a quarter, COSCO SHIPPING Holdings made more than 30 billion yuan, and it once again demonstrated its super earning ability. Throughout the first three quarters, COSCO SHIPPING Holdings expects a profit of approximately 67.6 billion yuan

Commodity prices are surging around the globe, so it should come as no surprise: Marine fuel is getting a lot more expensive. Thats bad news for ship operators on the cost side, and, in the container business, yet another headache for cargo

Since 2021, the overall international shipbuilding market has been significantly boosted, and the global demand for new ships has rebounded significantly. According to Clarkson data, in the first three quarters, more than 350 shipowners aro

A new service has been introduced to enable the shipping industry to benchmark carbon emissions from their vessels against a set of indicative figures calculated by the Baltic Exchange. With growing international scrutiny and a proliferatio

Self Imposed Discipline US crude production has averaged this summer some 600,000 bpd above the level seen in summer 2020. However, on an annual average basis, US crude output in 2021 is still likely to average at slightly lower levels comp

Fuel savings and compliance with IMO efficiency regulations via intelligent power management for cooling pumps and fans from DESMI OptiSave Ship owners and designers need to comply with the maritime industrys ever stricter regulations for r

The Maritime and Port Authority of Singapore (MPA) will roll out the SRS Notation initiative to recognise ship owners and operators who voluntarily incorporate solutions to drive digital transformation, strengthen cyber security, enhance we