Leading classification society DNV has awarded an Approval in Principle (AiP) to Singapore-based Keppel Offshore Marine (Keppel OM) for its proprietary AssetCare system, a suite of digital services to support an assets lifecycle needs. The

On May 21, CDB Leasing announced that eight wholly-owned SPV companies (as the new buyer) entered into a shipbuilding contract assignment agreement with the original buyer, Hong Kong Hengyi Logistics Co., Ltd., the seller Guangzhou Shipyard

On May 20, China Shipbuilding Trading, Qingdao Beihai Shipbuilding Heavy Industry, and Chinese Maritime Transport, held the cloud signing ceremony of two 210,000 dwt bulk carrier projects in Hong Kong, Taipei and Qingdao via video. The cons

Transportation demand remained strong, and the composite index continued to rise Ningbo Containerized Freight Index: In the week ending May-21, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2884.

Following a general review, the report generator is now reinstated, allowing generation on both KPI and Ranking overview. Please note that the below hyperlinks only work for BIMCO Shipping KPI users being logged on to the www.shipping-kpi.o

PowerCell Sweden AB is now presenting PowerCellution Marine System 200, an industrialized high-power fuel cell module with low weight and a compact format, especially developed for the electrification of marine applications. Marie System 20

Members and Assureds will be aware, from the Clubs Circular in May 2020, of a case where illegal narcotics were found on board a vessel in Mexico and the vessel and crew were detained (click here to access the Circular). However, the number

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nat

The Maritime Safety Committee 103 meeting (MSC 103) of the International Maritime Organization (IMO) was held 5 to 14 May 2021. Several important decisions were made that will affect shipowners directly. These include upcoming changes to fi

Counting the cost of emissions In September last year the European Parliament voted for the inclusion of greenhouse gas (GHG) emissions from ships over 5,000 gross tonnes in the emissions trading system (EU ETS) by 1 January 2022. In the mo

Delmar Systems, Inc. (Delmar) is pleased to announce the acquisition of Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors. The combined company, with its global footprint and enhanced asset portfolio, will continue as Delmar Systems

CSSC Leasing announces that on 20 May 2021, Fortune Haumea and Fortune Poseidon, its wholly-owned subsidiaries, entered into a Memorandum of Agreement with the purchaser, Red Box Energy Logistics, for the sale of two polar class heavy deck

Genco Shipping Trading, the US dry bulk carrier owner, has signed a contract to order two very large bulk carriers being built by Dalian COSCO Khi Ship Engineering. The new ship is scheduled for delivery in January 2022. Since December 2020

Fitch Ratings expects the consolidation of Chinas steel industry to accelerate and for facility upgrades to enhance energy efficiency in the next five years. Industry utilisation rates reached 80% in 2019 and 79% in 2020, up from 70% in 201

Pump manufacturer Hamworthy Pumps is chosen as a subcontractor for Babcock International Group in a major global service agreement with the Royal Navy. The new service agreement with Babcock International Group makes HamworthyPumps the key