Southampton-UK based hovercraft manufacturer Griffon Hoverwork has delivered two of its new 995ED craft to clients in Hong Kong and Estonia (see film). The deals have seen two eight-metre-long 995EDs made for the Hong Kong Marine Police and

The Isle of Man Ship Registry has formally launched the first ever seafarer welfare app designed by a flag state. Isle of Man Ship Registry director Cameron Mitchell said the app, named Crew Matters, has been developed in partnership with L

As of December 31, 2020, China State Shipbuilding Corporation and its subsidiaries have received a total of RMB 25,0252,300 government subsidies related to their earnings, the details are as follows: The above government subsidy of RMB 25,02

Our vision is to help create a sustainable future for shipping founded on safety and environmental consciousness. Our new Carbon Intensity Monitoring (CIM) service is an integral part of that journey and promises to make a huge difference i

The Baltic Exchanges main sea freight index climbed about 10% to its highest level in three months on Monday as soaring coal demand from China continued to power capesize rates higher. The Baltic dry index, which tracks rates for capesize,

After a highly volatile 2020, leading shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2021 Outlook Report. The report looks at various drivers of the shipping markets, i

The Singapore Maritime Port Authority announcing new enhanced crew change procedure to be effective as of today. Further to our BIMCO news on Friday, 8 January 2021, Singapore Shipping Association urges the industry to comply with COVID-19

Nor-Shipping, Your Arena for Ocean Solutions, has taken the decision to postpone its planned exhibition and activity programme for June 2021, pushing the event back to 10-13 January 2022. Faced with the possibility of a scaled down, sociall

A correspondent in China, Oasis PI, reports developing ice conditions in the Bohai and Huanghai sea areas that are forecast to extend further in the coming week, 9 15 January 2021. Vessels planning to call at the ports of Yingkou, Jinzhou,

On January 7th, New Dayang Shipbuilding delivered the fifth 63,000 dwt bulk carrier to CDB Leasing, which achieved a good start in the New Year and laid a solid foundation for the companys new journey of 14th Five-Year plan. Since 2020, on

Inchcape has been ahead of the curve on key responses to the Covid-19 pandemic and to embrace change for a better future both for cruise lines and destinations, says Inchcape Shipping Services Global Sector Head for the Cruise Industry, Gra

On January 8, the third 23000TEU dual-fuel container ship CMA CGM RIVOLI built by Hudong Zhonghua, a subsidiary of CSSC, was successfully christened. CMA CGM RIVOLI is the fifth of the nine 23,000TEU container ships ordered by CMA CGM in CS

Hong Kong-listed lessor CSSC (Hong Kong) Shipping has signed up to a sale and leaseback deal with counterpart China Minsheng Trust Co for four kamsarmax vessels valued at US$26.7m each. The newbuildings were ordered from CSSC Chenxi Shipyar

Transport demand surged at the end of the year, and the composite index reached a new high level Ningbo Containerized Freight Index: In the week ending Jan-1, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBS

See attached the latest monthly review of the global container market by the Baltic Exchange, published in collaboration with Freightos, Sea Intelligence Consulting and Freight Investor Services. Feel free to use quotes from the report, but