At the first annual meeting of the Sea Cargo Charter Association on 11 March 2021, 13 members were elected to the Steering Committee to coordinate the Association on behalf of its members. The Sea Cargo Charter provides a global framework f

Telenor Maritime believes its new platform can help facilitate the digitalisation of the shipping industry, with secure, reliable and cost-effective sharing of data right across the globe. CEO Lars Erik Lune sees a new wave of connectivity

Guangzhou Shipyard International,a subsidiary of CSSC,and the Guangdong Institute of Intelligent Unmanned System signed on Saturday a contract to build Chinas largest comprehensive maritime scientific research ship in Guangzhou, South China

Transportation demand gradually recovered, and freight rates fluctuated slightly Ningbo Containerized Freight Index: In the week ending Mar-19, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2014.

The Brazilian weather has had a significant impact on dry commodity exports so far this year. Seasonally dry weather in key iron ore mining exporting regions supported export levels in January and early February. However, rainfall since ear

After ZPMCs president resigned, Zhu Lianyu, ZPMCs chairman, also resigned. Both positions were held by Liu Chengyun,Assistant General Manager of CCCC and secretary of the party committee ofZPMC. On March 19, Shanghai Zhenhua Heavy Industrie

Strategic Marine (S) Pte Ltd has secured a contract to build two 42m Fast Crew Boats (FCB) for Centus Marine Sdn Bhd. This is the fifth and sixth vessel built by Strategic Marine for Centus Marine and follows the delivery of a 40m FCB in Fe

Capturing CO2 In some ways, EU carbon prices could be viewed as a barometer of mounting environmental pressure not just within Europe but on a global scale. Recently, EU emissions trading scheme (ETS) credits have surged to record levels, t

Forward Freight Agreements will play a key role in an increasingly volatile LNG market, says leading shipbrokers Simpson Spence Young [SSY]. Intercontinental Exchange [ICE] - an operator of global exchanges and clearing houses, has launched

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 worldwide container shortage pinching global trade will be relieved in the second half of this year as trade picks up, according to CIMB Thai Banks research office. The shortage crisis blew up in mid-2020 when containers shipped to Nort

As the lions share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be compliant with the International Maritime Organizations (IMO) 2020 global sulphur cap that came into

The West Texas Intermediate for April delivery shed 4.6 U.S. dollars, or 7.12 percent to settle at 60 dollars a barrel on the New York Mercantile Exchange. The U.S. crude futures suffered their largest one-day percentage loss since Sept. 8,

Singapore, as one of the 20 Contracting Parties to the Regional Cooperation Agreement on Combating Piracy and Armed Robbery (ReCAAP), and host to the ReCAAP Information Sharing Centre (ISC), is pleased to have participated in the 15th Anniv

Indian Register of Shipping (IRClass), an international ship classification society, has won a contract to provide classification services for a fleet of Fast Patrol Boats Landing Craft Assault (LCAs) currently under construction for the In