The Baltic Exchanges main sea freight index was steady on Monday as lower rates for the panamax vessel segment offset gains in the capesize index, which touched a near two-week high. The overall index, which factors in rates for capesize, p

Samuel W. Croll, CEO of CR Ocean Engineering LLC (CROE) , has announced the retirement of Nick Confuorto, President and COO since 2013. Confuorto will continue to collaborate with the firm in an advisory capacity. Confuorto catapulted CROE

After four years, Alpha Bulkers Shipmanagement, the Greek shipowner, returned to the new shipbuilding market and ordered two 210000DWT newcastlemax bulk carriers in Waigaoqiao. The Ships are scheduled to be delivered in 2022. They are regis

CIMC Raffles and Swedish shipping giant Wallenius Lines signed the construction contract of 2+2+2 next-generation 6,500-car dual-fuel vehicle carriers. The conceptual design of this series of transport ships comes from the industrys well-kn

The Global Maritime Forum will convene 200 senior leaders for its Annual Summit 2021 in London in late October. Participants will work together on collaborative solutions for systemic challenges such as the decarbonization of shipping, and

The fundamental purpose of Chinas Intelligent Ships is not to pursue unmanned, but to improve the safety, reliability, economy and environmental protection of ship navigation operations. On July 10, Wu Yousheng, academician of Chinese Acade

The freight rates of some routes retraced, and the composite index maintained an upward trend Ningbo Containerized Freight Index: In the week ending Jul-9, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE)

China has been striving to promote the development of the maritime sector, aiming to build a modern international logistics chain that is safe and stable, industry insiders said at China Maritime Forumat on Sunday. Government officials, bus

In response to media queries, the Maritime and Port Authority of Singapore (MPA) confirmed that the Liberia-registered container ship,MSC MESSINA(MM), has arrived in Singapore. A fire had occurred in the engine room of MM on 25 June 2021 in

Singapore has maintained its lead in the Xinhua-Baltic International Shipping Centre Development (ISCD) Index as the worlds top maritime centre for the eighth year running. The index is an independent ranking of the performance of 43 cities

Halfway There The 1 st half of last year may have seen extreme fluctuations as a result of Covid-19 and the oil price war, with the past six months being rather unassuming in comparison. Nonetheless, 1H2021 witnessed rates and earnings on s

The Xinhua-Baltic International Shipping Centre Development Index, published by Chinese news agency, Xinhua, and global maritime data provider, the Baltic Exchange, has ranked Singapore as the top global shipping centre for the eighth year

Detailed analysis of the impact of rapidly evolving sustainability regulations on tanker vessels and the effectiveness of compliance strategies has been published by ABS. Sustainability Trends: Tankers is the first in a series of publicatio

The Italian shipowner and China Merchants Jinling Dingheng Shipyard (Yangzhou) signed a contract for 3+3 semi-cooled semi-pressurized LPG carriers. The ship is a 5000 m3 semi-cooled and semi-pressurized LPG carrier with a length of 105 mete

This signing is the first time that CHELLSHIP has ordered a new ship in a shipyard under China State Shipbuilding Corporation. CHELLSHIP is a subsidiary of CHELLARAM Group, which was established in 1916 and has developed into a large intern