TheToday Show by Nor-Shipping, the new maritime and ocean industries online talk show, has revealed its first guests, with DNB CEO Kjerstin Braathen and DNV counterpart Remi Eriksen heading to the studio for a high level Power Players discu

Long-term contracted ocean freight rates are continuing their dizzying ascent, with a 4.1% climb in April leaving container shipping costs up 21.1% year-on-year, with a rise of 23.5% since December 2020. According to the latest market intel

On April 28, the unveiling ceremony of the Engineering Management Center, the Future Development Research Center, the Equipment Support Center and the Planning and Development Research Center of CSSC was held in Beijing. Lei Fanpei pointed

China has announced the removal of VAT rebates on exports of 146 steel products from May 1, a move the market had been widely anticipating since February. The rebate of 13% of the VAT charged on exports of hot rolled coil, wire rod and reba

In the past year the spikes in the Capesize index have generally been accompanied by some form of ballaster tightness and this rally is no different, however so far it appears the rally is out of proportion to this ballaster deficit. We can

The announcement comes at a time when pirates continue to wreak havoc in the busy waters of Gulf of Guinea at distances more than 200 nautical miles from Nigeria. The situation has led several EU countries including France, Spain, Italy, Be

On April 26, Hoegh Autoliners, a Norwegian shipping company, announced the launch of its Aurora series car carrier in an effort to decarbonize the shipping industry. The design of this series of ships will be developed in collaboration with

A significant expansion of the setup in China is showing results. In just a few months, Svanehj has landed two major PC pump orders in China. Most recently a contract with GSI Shipyard on a total of 96 deepwell pumps for four new MR Tankers

Driven by high freight rates and high demand, Evergreen Marine, which will welcome 30 new ships this year, is expected to become a big winner. Evergreen will take delivery of 30 container ships this year, adding 257,800 TEU to its fleet, da

On April 27, Hudong Zhonghua, a subsidiary of CSSC, named and delivered the fourth 23000TEU dual-fuel powered container ship CMA CGM Concorde to CMA CGM. This is the seventh ship of the same type delivered by Hudong Zhonghua and Jiangnan Sh

The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Tuesday as capesize rates touched their highest level in over a year. The Baltic dry index, which tracks rates for capesize,

The Egyptian Suez Canal Authority (SCA) denied, Monday circulated reports on arresting any of EVER GIVEN crew members SCA head admiral Osama Rabie said in a statement that the authority does not object the leaving or replacing of any of the

During a 10-day operation called Jangkar Haram, Malaysia clamped on illegal anchoring in its waters. The ships involved have either been warned and ordered to leave or detained and fined. BIMCO recommends Masters to take extra precaution an

On April 26, Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation, signed for the delivery of Evergreens second 2,500 TEU feeder container ship EVER OCEAN. It is also the fifth ship delivered by the company this year. Thi

On April 26, ZhongGu Logistics announced that it plans to sell four container ships to large international container liner companies at a total price of $128 million to $135 million. The four container ships to be sold by the company, Zhong