ASVTIME, the new time charter party for accommodation support vessels, was recently adopted by BIMCOs Documentary Committee and is now available for use in SmartCon. Specifically developed for offshore oil and gas and renewables, ASVTIME co

A new set of independent indices for the Liquified Natural Gas (LNG) seaborne trade went live this week (2 March), based on the carriers burning LNG, rather than marine fuel oil or marine gas oil, as their primary fuel. Published twice week

DNV has supported Hapag-Lloyd in obtaining financing for six of its highly efficient containership newbuildings according to the Green Loan Principles of the Loan Market Association (LMA). DNV has verified that the transactions fulfil the r

Following the order for 12 feeder container ships at the beginning of the year, WanHaiLines will order 6 new Panamax container ships,taking its new shipbuilding spending to more than $1.1bn this year. Wan Haiis negotiating with South Koreas

China National Offshore Oil Corporation (CNOOC) on Sunday said it regrets the decision made by the New York Stock Exchange (NYSE) to delist its American depositary shares (ADSs). The NYSEs decision and actions may affect the trading prices

Inchcape is adding a super-useful Port Cost Estimator (PCE) to its World of Ports 2.0 platform that will make both voyage cost calculations and TCE estimates much easier and more accurate. Anyone involved in voyage planning will love this c

The time is now for permanent magnet (PM) shaft generators. After years of groundwork transitioning the technology from wind turbines to marine engine shafts, WE Tech and Yaskawa Environmental Energy / The Switch have demonstrated a powerfu

The 75th session of International Maritime Organizations (IMO) Marine Environment Protection Committee (MEPC 75) has in November 2020 adopted amendments to MARPOL Annex VI, introducing a method for fuel oil sampling from ships fuel oil tank

One way we can make the current low emission technologies competitive with traditional fuels is through some form of market-based measure. We need a mechanism that equalizes the cost between using low carbon fuels and traditional fossil fue

Commissioned by ourentrusting party, Guangzhou Shipping Exchange Co., Ltd. (GSE) determines to organize an online bidding for a bulk carrier named TIGER LIAONING. The announcement is stated as follows. I. Description Reserve Price: USD17,50

Shanghai Waigaoqiao Shipbuilding, a subsidiary of CSSC, has signed a contract with SBM Offshore to build Fast4Ward Universal FPSO hull 4 (MPF4), the first of its kind in the world. This type of ship can meet the marine environmental conditi

Indian Register of Shipping (IRClass), an international ship classification society, underlineshighsafety standards as key todoubling Indias ship recycling capacity by 2024, an ambitious target set byIndiangovernment in the recent Union Bud

Containerships Borealis, the newest LNG-powered vessel of CMA CGMs unit, arrives at the Shortsea Terminal of Rotterdam, Heijplaat, on 1 March. The ship took off on its maiden journey on 1 February 2021 from Yantian, China. The Handy contain

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 2,059.52, down 0.6 percent from a week ea

Quanzhou Transportation Development Group (QTDG) plans to revitalize Quanzhou Shipyard, with a total planned investment of 2 billion yuan. QTDG plans to restructure 7 docks under construction or already built, 2 docks with a class of 300,00