The Baltic Exchanges main sea freight index rose on Tuesday to its highest level since early-October, driven by stronger rates for capesize and panamax vessels. The Baltic dry index, which tracks rates for capesize, panamax and supramax ves

The Getting to Zero Coalitions updated Mapping of Zero Emission Pilots and Demonstration Projects uncovers emerging trends, sees a strong climb in the number of identified projects as well as increased activities in Asia. The uptake of zero

Transport demand needs to be restored, and the composite index continued to fall Ningbo Containerized Freight Index: In the week ending Mar-12, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2035.

At 12:58 on March 14th, Jiangnan Shipyard, a subsidiary of China State ShipbuildingCorporation, completed the system gas test and system inert of the worlds firstLPG dual-fuel VLGC built for Southwest Maritime. Thesea trial was highly evalu

Norwegian-based Awind said it has ordered a pair of hybrid-electric commissioning, service and operations vessels (CSOV) from China Merchants Industry in Hong Kong, with options for up to four additional vessels. Awind, a subsidiary of Awil

Denmark joins three of the four largest shipping nations, Greece, Japan and Singapore to back proposal to meet UN call for urgency and ambition. Denmark home to, the worlds largest container shipping company, Maersk. Country seen as one of

C-Job Naval Architects, the global independent ship design and engineering company, announced today it is launching an in-house developed TSHD series.The trailing suction hopper dredger series promises to fill the gap between standard desig

The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 1149.27 points on Friday, down 0.44 percent compared with the previous working day. The statistical samples of TBI cover

On March 12, CIMC Raffles, Huadian Heavy Industries and Shanghai Boqiang held the signing ceremony of offshore wind power cooperation agreement in Beijing. Huadian Heavy Industries, CIMC Raffles, Boqiang and other companies have made full u

Chinas index of export container transport registered a dip in the past week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 1,912.13, down 3 percent from a week earl

India is in a unique position. The country will witness the largest increase in energy demand in the world over the next 20 years, with the potential for oil consumption to rise from 4 million b/d currently to 8.7 million b/d by 2040 accord

China to pursue high-standard opening-up, improved performance in foreign trade and investment amid ongoing pandemic Countless containers await loading at the cargo terminal of Shekou Port in Shenzhen, Guangdong province, amid sustained glo

Despite low freight rates, very few crude oil tankers have been sent for demolition so far this year. The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequently, the industry buzz has been all about

Shell hits milestone in fleet decarbonisation with half of long-term chartered crude tankers to run on LNG in 2023 Shell signed agreements to charter ten new crude tankers powered by dual-fuel liquefied natural gas (LNG) engines. Four of th

The Baltic Exchanges main sea freight index drifted lower on Thursday, having gained in the last seven sessions to hit a high since October, as rates eased for the capesize and panamax vessel segments. The Baltic dry index, which tracks rat