China will support the orderly opening of cargo airports, and explore and implement trials for transshipment of international containers and consolidation services at key seaports during its 14th Five-Year Plan period (2021-25), said a seni

First time this emissions-reducing technology is deployed in Singaporefor bunker tankers Vitols Singaporean bunker operations company,V-Bunkers,hasplaced an order to buildtwoelectric-hybridbunker tankers.V-Bunkers intends to deploy these bu

To complement our existing service toIndias West Coast, Pacific International Lines (PIL) announced the launch of a new weekly direct service connecting South China and North Vietnam to Indias West Coast. Effective from 22 October 2021, thi

Governments are in duty for a climate-friendly transformation of the maritime industry SMM Maritime Industry Report (MIR) shows industry on track for sustainability For shipowners, shipyards and suppliers, climate protection is a top priori

Maersk (Maersk) announces the acquisition of HUUB, a Portuguese cloud-based logistics start-up, specialised in technology solutions for B2C warehousing for the fashion industry. This is Maersks third acquisition this year within E-commerce

When placing orders for new ships, some liner companies choose methanol and LNG as power, and some choose dual fuel ready, but which one is the best option? There is no standard answer yet. No matter what, we have to drive to the destinatio

ABS is adding on-demand, high-resolution historical and forecast weather data on its ABS My Digital Fleet risk management platform together with Meteomatics, one of the worlds leading weather service providers. This latest addition to the A

ABS, HudongZhonghua Shipbuilding (HZS) and Wrtsil are to develop a flexible, future ready and modular concept for a future multi-fuel electric Liquefied Natural Gas Carrier (LNGC) vessel. Using advanced multi-physics modeling and simulation

Norwegian shipping tycoon John Fredriksens US-listed bulk carrier SFL Corporation sold seven bulk carriers to an Asian buyer for US$100 million. It is reported that the buyer is China Development Bank Leasing. On September 14, CDB Leasing a

The Baltic Exchanges main dry bulk sea freight index rose for a fifth straight session on Wednesday to its highest level in more than two weeks, on gains in panamax and supramax rates. The overall index, which factors in rates for capesize,

Cargo insurance has entered a new era that will deliver opportunities to those underwriters who embrace technology and harness its power. This message was delivered by the International Union of Marine Insurance (IUMI) at its data and digit

With over 3,500 oil tankers around the world, oil tankers are an integral part of the global transportation of oil from their extraction site to refineries or distribution centers. However, scheduling these tankers has historically been a m

Capesize time charter and voyage freight rates hit a record increase on Sept. 13 as tonnage supply disruptions caused by Typhoon Chanthu escalated, exacerbated by the COVID-19 related protocols already adhered to at various ports. The SP Gl

The Baltic Exchanges main dry bulk sea freight index rose for a fourth straight session on Tuesday, propelled by higher rates across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize ve

Indian Register of Shipping (IRClass) has delivered a set of detailed Emergency Response Plans (ERP) and Oil Spill Contingency Plans (OSCP) for Hamad and Al Ruwais ports. The two ports fall under the authority of Mwani Qatar. The plans meet