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

On July 8, the third 180,000DWT bulk carrier CS WU HAN built by Qingdao Beihai Shipbuilding Heavy Industry for CSSC Brokerage Services was christened and delivered. CS WU HAN is a 180,000DWT bulk carrier newly developed by BSIC, with a tota

President Joe Biden will order U.S. transportation agencies in coming days to address competition in rail and sea shipping in an effort to lower the costs of shipping goods for companies, a source familiar with the plan told Reuters on Thur

The Baltic Exchanges main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as capesize vessel rates firmed. The overall index, which factors in rates for capesize, panamax and supramax shipping

New technologies for greener shipping has been chosen as the World Maritime theme for 2022, reflecting the need to support a green transition of the maritime sector into a sustainable future, while leaving no one behind. The IMO Council, me

Officers fromReCAAP Contracting Partiesparticipated in a virtual lecture to deepen their understanding on legal aspects of piracy and armed robbery against ships. 60 officers from 19 ReCAAP Member States participatedvirtually in the first C

On the evening of July 7, COSCO SHIPPING Holdings disclosed its performance forecast. In the first half of the year, the profit was 37.09 billion yuan, a year-on-year increase of 3162%. The net profit in the same period last year was 1.137

Kawasaki Heavy Industries will transfer more shipbuilding business to China, while Japanese shipyards will focus more on new business directions. The company is preparing to transfer most of its LPG carrier construction business to a joint

Samuel W. Croll, CEO of CR Ocean Engineering LLC (CROE), has announced two changes to his senior management team effective July 1, 2021. Dominique Philibert has become President and COO, and Nick Confuorto, CROEs former President and COO, h

The International Chamber of Shipping (ICS) has welcomed the settlement reached between the Suez Canal Authority (SCA) and Shoei Kisen Kaisha Ltd., owner of the Ever Given the ship which became stranded in the Suez Canal in March 2021 which

On July 1, Guangzhou Shipyard International PANGAEA 95,000DWT ice-enhanced bulk carrier No. 2 departed from the factory for its maiden voyage. The project was delivered on June 29. The ship is the second ship of the 2+2 Ice-1A-class 95,000D