Chinas appetite for soybean never disappoints bulkers as the nation imported 100.326 million tonnes last year, a 13.3 percent growth YoY over 2019. In the first 5 months 2021, the economy did 38.23 million tonnes, 13% more than same period

(Jan-May) With no surprise, iron ore trade expanded among the surging prices. In the first 5 months, Asian major importers bought 559.6 million tonnes of iron ore which represented a growth rate of 7% YoY, and 10% over same period of 2019.

In the first 5 months, the Asian major coal buyers, China, Japan, Korea, India and Vietnam only unloaded 327.7 million tonnes of coal, which is 10% down compared with same period of last year, 6% down from 2019. Of which, China and Vietnams

The BPI comfortably sits above $30,000/day, the highest seasonal level since 2010. When rates began taking off in January, we argued that while temporary disruptions contributed to the rally, it was mainly driven by improving fundamentals.

Optimarin is taking maintenance of ballast water treatment systems (BWTS) to the next level with the launch of a new-generation service frame agreement integrating the benefits of its new OptiLinkTMdigital solution to minimise operational c

Huanghai Shipbuilding signed a shipbuilding contract for four 1800TEU container ships with Briese Schiffahrts GmbH Co. KG in Germany. The vessel has a total length of 172 meters, a width of 28.4 meters, a depth of 14.5 meters, a design draf

On June 21, the 16300 dwt dual-fuel chemical 8# ship FURE VITEN built by China Merchants Jinling Shipyard (Yangzhou) was officially delivered to the owner, marking Jinling (Yangzhou)s 10,000-ton 2# terminal officially opened the way to deli

On June 21, BOKM SHANGHAI, the first of the 325,000DWT VLOC series built by Yangzi Xinfu Shipbuilding for BoComm Leasing and KMARIN, was christened and delivered and left the factory for its maiden voyage. BOKM SHANGHAI: 339.9 meters in len

On June 18, CSSC Chengxi (Yangzhou), a subsidiary of China State Shipbuilding Corporation, delivered the first 85,000 dwt bulk carrier CL GENEVA to CDB Leasing. The ship is the first cooperation between CDB Leasing and CSSC Chengxi. It is d

Until or unless the world is fully vaccinated, we should expect container freight disruptions that have so badly affected the petrochemicals industry to continue. We are a long, long way from full vaccination as just 0.8% of people in low-i

Chinas coastal bulk freight market saw a decrease in general demand in the week ending Friday, according to the Shanghai Shipping Exchange (SSE). The composite index for coastal bulk freight fell 0.8 percent week on week to 1,231.61, the SS

Chinas May soybean imports from Brazil jumped 82% from the previous month, bolstered by the arrival of cargoes due to land earlier but delayed by rains, customs data showed on Sunday. China, the worlds top importer of soybeans, brought in 9

Following the first order in 2019, Hudong Zhonghua won another order for the worlds largest 24,000TEU container ship from Evergreen, further consolidating its leading position in the field of ultra-large container ship construction. On June

DNV, the worlds leading classification society, has completed a concept verification review of Odfjell Oceanwinds WindGrid (WindGrid) system for Mobile Offshore Wind Units (MOWUs). DNVs review confirms the technical feasibility of the WindG

Inchcapes global Liner sector head, Hamish White, has overseen some major wins in the last 12 months despite the pandemic, and nails it when he says building trust through transparency is a key factor for liner principals in the third-party