Interest in ammonia-powered fuel cells for the maritime sector is growing, but stakeholders have been hesitant to commit to investments in large-scale systems. Now the ShipFC project, granted funding from EUs Research and Innovation program

On December 16, the 325,000 DWT VLOC NANSHA HONOR built by Tianjin Xingang Shipbuilding Industry for China Ore Shipping was successfully signed and delivered. The 325,000 DWT ore carrier is the largest tonnage ship ever built by the company

Landmark ruling from the International Labour Organisation (ILO) finds that governments have breached seafarers rights and failed to comply with several provisions of the Maritime Labour Convention during the COVID-19 pandemic, including Ar

General cargo ship XIN HONG issued distress signal at around 1630 LT (UTV +7) Dec 17 in South China sea off Phu Quy island, southern Vietnam, northeast of Vung Tau. The ship with 7,800 tons of clay on board and 15 crew, including 11 Chinese

Rates for containers heading towards Europe from the Far East have continued to surge in recent days, as a spike in demand for containerized good continues within the region. The SP Global Platts-assessed PCR11 (North Asia-to-UK) trade rout

The optional additional clauses developed for ASBAGASVOY, which was published together with explanatory notes in September, are not part of the charter party but are being published to provide users with a selection of additional clauses th

Tanker and dry bulk market participants are now able to assess the CO2 impact when chartering ships optimally positioned for their cargo, thanks to a new update on the Signal Ocean platform. The service is used by shipowners, traders and oi

A.P. Moller - Maersk today announced the signing of a logistics agreement with Novo Nordisk from 2021. The three-year agreement on cold chain logistics covers transportation including ocean services and inland logistics. We are proud to be

Complex contractual relationships, the enormous dimensions of ships and routes, and exceptional logistical challenges are all aspects of the modern shipping industry, and digital technologies are opening up many new opportunities to drive a

Hempel confirms leadership position within fuel efficiency in the shipping industry. By completing 2,000 vessel applications of Hempaguard X7, Hempel has reduced shipowners fuel consumption by 7.6 million tons, lowering fuel costs by at lea

China Financial ShipownerSPDB Financial Leasing began to enter the bulk carrier market. Following the 461,000-dwt bulk carriers in October this year, SPDBhas placed an order for 6 82,000-dwt bulk carriers. The two batches of 10 new bulk car

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The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of Pres

The Capesize freight rate as a percentage of the seaborne iron ore price has touched a record low, with a supply crunch for the mineral along with excess tonnage availability altering the correlation. The share of the key Brazil to China Ca

The International Maritime Organization has been encouraged by a small increase in the number of nations said to recognize seafarers as key workers. However, the cited figure represents merely a quarter of the 174 member states and three as