On 01 Aug 2023, Ocean Yield AS announced that it has agreed to purchase four LR1 product tankers, to be constructed at Guangzhou Shipyard International (GSI) in China. The vessels will be built with a design enabling them to be converted to

Leading maritime systems and services provider Elcome International has acquired a controlling stake in Fabio Fiorucci s.r.l., the Italy-based navigation solutions provider, as part of a wider strategic plan to expand its portfolio across s

Increased instances of issues with the carriage of scrap metal cargo highlights the need for vigilance at loading. This increase has been noted particularly in scrap cargoes loaded in the ports of East Coast USA and notably in the port of G

OceanScore has brought onboard a group of high-profile investors to fund development of new data-driven tools intended to assist shipping players in navigating regulatory complexity towards compliance. The Hamburg-based technology developer

On August 1, 2023, CSSC Huangpu Wenchong Shipbuildingand China ShipbuildingTrading signed an order for eight 85,000dwt bulk carriers with SEA TRADERS, a subsidiary ofthe GreekShipping Tycoon George J. Procopiou. [Photo: CSTC] [Photo: CSTC]

02 August 2023, 8:00 AM CST (China Standard Time).Container xChange is closely monitoring the severe flooding caused by torrential rains and the remnants of Typhoon Doksuri in China. As the situation unfolds, we are tracking the potential i

NORDEN has acquired a minority stake in MASH Makes , a Danish-Indian biofuel scale-up, which researches, develops and produces renewable fuels from biomass waste. The investment is a strategic partnership, where NORDEN secures access to ren

[Photo/Agencies] COSCO Shipping Bulk Co Ltd, a subsidiary of State-owned China COSCO Shipping Corp, issued the first electronic bill of lading (eBL) for bulk cargo through a collaborative effort with its clients on Monday, using blockchain

Carrier Transicold has launched the BluEdge Partner Program a new global reseller partner channel providing unparalleled distribution of its refrigerated container telematics products and services. Carrier Transicold is part of Carrier Glob

August 1, 2023 - We are delighted to announce Deltamarins selection for several Pure Car and Truck Carrier (PCTC) ship design contracts, underscoring the industrys confidence in Deltamarins ability to provide innovative and forward-looking

The market has entered the traditional peak season, and the freight rates in Europe and America have risen sharply Ningbo Containerized Freight Index: In the week ending Jul-28, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shi

DUBAI, July 31, 2023 - (ACN Newswire) - PT Pertamina International Shipping (PIS), through its branch office in Dubai, PIS Middle East (PIS ME), has achieved another success by simultaneously signing four business cooperation agreements wit

Global long-term shipping rates sank to a two-year low in July, with the latest data from Xenetas Shipping Index (XSI) showing a fall of 9.5% since June, adding to a deep collapse that started last year. Long-term valid contract rates have

On July 27, Chellaram Shippingrenewed the contract for the construction of a CROWN63 PLUS (CROWN633.0version)withSUMEC. [Photo: SUMEC] This cooperation has deepened the mutual trust between the two parties. The construction of the new CROWN

Ocean Network Express Pte. Ltd. (ONE) announced FLX, a new service connecting the West Coast of South America to the East Coast of North America (Florida). The service is set to launch in September 2023. With an emphasis on innovative and e