The second round of price increases on the European and American lines, and the composite index rose sharply Ningbo Containerized Freight Index: In the week ending May-14, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping

Cyber Threat Friday 7th saw the unexpected closure of the 8,851km Colonial Pipeline linking US Gulf Coast (USG) PADD3 refineries with PADD 1 facilities along the Atlantic coast following a cyber-attack. With an average capacity of 2.5mbpd i

Danfoss Editron and the Ship and Ocean Industries RD Center (SOIC) have partnered to launch the Green Energy Application Development Center (GEADC) in Taiwan. The new center will enable both companies to enhance their expertise in developin

Situation of Piracy and Sea Robbery in Asia in April 2021 ReCAAP ISC released today its April Report and presentation slides on the situation of piracy and sea robbery in Asia. In April 2021,seven incidents of armed robbery against shipswer

ABS has published industry-leading guidance evaluating a range of shipboard propulsion and power generation technologies with the potential to contribute to shippings sustainability goals. The ABS Advisory on Decarbonization Applications fo

On May 12, COSCO SHIPPING Specialized Carriers and Stora Enso, a Finnish customer, held an online cloud signing ceremony. At the ceremony, the two sides signed a three-year COA contract for pulp bulk transportation and a framework agreement

Saint-Sulpice, Switzerland May 14 Daphne Technology, a climate tech start-up which has designed and patented proven solutions to reduce air and sea pollution for ships, has partnered with Crowdcube, the worlds largest equity crowdfunding pl

On May 12, New Times Shipbuilding held the ship signing and delivery ceremony. The 68# 156,500 dwt oil tanker was delivered to the Greek shipowner NGM for operation. The total length of the tanker is 274.3 meters, the width of the tanker is

On May 13, 2021, Nanjing Shenghang Shipping was officially listed on the main board of Shenzhen Stock Exchange. Shenghang Shipping is one of the leading liquid chemicals shipping enterprises in China, mainly engaged in the domestic coastal,

The Baltic exchanges main sea freight index fell to a near two-week low on Thursday pressured by a decline in capesize and panamax vessel rates. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dr

As the US, Netherlands and other nations begin to roll out vaccines to all seafarers, the International Chamber of Shipping (ICS) has today published a Vaccination Roadmap framework to help establish vaccination hubs dedicated to seafarers

A broad spectrum of key ocean stakeholders will descend on Oslo, both digitally and physically, on 1 June to discuss how accelerating the move to sustainable ocean business can help the world deliver on the Paris Agreement. The United Natio

Intermodal Asia Exhibition Seminars, SWEEC, Shanghai 20 22 July 2021 Intermodal Asia is organised in partnership with Chinas leading container association, CCIA (China Container Industry Association). The event also benefits from the full s

Aframax tanker earnings have been under significant pressure in Asia as Chinas private-sector refiners put the brakes on Far East Russian ESPO Blend crude procurement amid maintenance and high inventories, but a surprise surge in demand for

On May 12, Jiangnan Shipbuilding Group, a subsidiary of CSSC, held the completion ceremony of worlds first Type B tank of VLEC, marking a key technological breakthrough in Jiangnan Shipbuildings 99,000m3 VLEC. Its self-developed BrilliancE