Introduction Tankers dominated the demolition market this year, accounting for approximately 43% of all cargo vessels scrapped. In comparison, the number of Bulkers scrapped was low, with 48 vessels accounting for 38% of the scrapped fleet,

Yang Ming Marine Transport Corporation (Yang Ming) announced its financial report for the first half of 2023. Accordingly, the consolidated revenues in Q2 stood at NT$ 35.05 billion (US$ 1.15 billion). The Companys after-tax net loss and th

CMA CGMs long-time partner towards decarbonation of the shipping industry,Kuehne+Nagel, has chosen CMA CGM to provide shipping solutions to address the sustainable challenges in logistics. Kuehne+Nagel chose ACT with CMA CGM+ biofuel, that

Total power coal shipment through railways in the Yangtze River Delta region exceeded 10 million tonnes to 10.04 million tonnes in the 71 days since the start of June, an increase of 18.2% year on year, according to China Railway Shanghai G

On 15 August 2023,Wallenius Wilhelmsen announces that the company has signed a letter of intent for four firm, and eight optional, next generation vessels! Wallenius Wilhelmsen can finally share that the company has signed a letter of inten

International cargo and passengershipping from east Chinas Shandong Province to South Korea resumed on Friday following nearly 1,300 days of hiatus due to the pandemic. The New Grand Peace cargo-passenger vessel sailing under the flag of Pa

Singapore, 15 August 2023, 12PM, SGT The Global Centre for Maritime Decarbonisation (GCMD) successfully bunkered the third supply chain of a biofuel blend as part of its pilot to develop a quality, quantity and GHG abatement assurance frame

NANJING, Aug. 13 (Xinhua) -- East Chinas economic powerhouse Jiangsu Province recorded a total import and export volume of 2.93 trillion yuan (about 409.29 billion U.S. dollars) from January to July, the customs of Nanjing, capital city of

The Panama Flag Ship Registry administered by the Panama Maritime Authority (AMP), added more than 5.9m GRT only in the first half of 2023, according to the institutions database. According to the international platform IHS Markit, at the e

Hamburg, 14 August 2023: Container xChange, an online container logistics platform, published its August Container Market Forecaster today. Despite the ongoing market fluctuations, the Container Price Sentiment Index (xCPSI) has exhibited r

One of the widespread practices in the beauty industry is that expired finished goods (FG), such as skincare and makeup products, would be identified as general waste and sent to the incinerator under Singapores waste management context. Al

[Photo by Jiang Xueqing/China Daily] China has overtaken Greece to become the worlds largest ship-owning country in terms of gross tonnage, according to information released over the weekend by the Shanghai-based China Shipowners Associatio

If You Build It, They Will Come In recent years we have seen a remarkable increase in VLCC flows out of the US Gulf (USG) as overall US crude production increased thanks to the shale revolution. Traditionally, most US crude cargoes are load

On August 10, 2023, CSSC Huangpu Wenchong Shipbuildingcollaborated with China ShipbuildingTradingand South Korean HMMheld a signing ceremony for the new shipbuilding orderof four 38,000dwt multi-purpose heavy lift vessels. HMMis headquarter

[Photo/Xinhua] NANNING Recently, a container ship loaded with shrimp slices, melons and aquatic products departed from the seaport of Muara in Brunei to Qinzhou Port in South Chinas Guangxi Zhuang autonomous region, with the cargo to be del