China Tianjin Container Freight Index (TCI), an indicator of northern Chinas international container freight rates, stood at 1,353.29 points on Tuesday, up 2.27 percent compared with the previous working day. The statistical samples of TCI

Iron ore futures rose after a choppy session on Tuesday, supported by lingering supply concerns and strong manufacturing output data from China. The steelmaking ingredients most-active May contract on Chinas Dalian Commodity Exchange ended

DNV GL has awarded an Approval in Principle (AIP) to Daehan Shipbuilding (DHSC) for a new design of small-size LPG carriers in the range of 5,000-7,000 DWT. The AIP handover ceremony took place recently at the DHSC headquarters in Mokpo. Da

This brings total exports of these goods so far in 2020 to USD59.7b, a 26.4% increase compared with the first ten months of 2019, and a 6.1% increase compared with the same period in 2017 which was the last year before the trade war began,

International ship finance confirms its leadership role in global climate finance. Announced in June 2019, the Poseidon Principles became the first sector-specific climate alignment agreement for financial institutions. Today, Signatories d

Seafarers are invisible victims of COVID-19. Thanks to local restrictions and logistical challenges, hundreds of thousands have been stranded at sea marooned on vessels for, in some cases, months beyond agreed contracts. Here Inchcape Shipp

By placing it at the top of their list of priorities, shipowners can ensure that safety becomes not just a way of working, but a way of life, says John Roger Nesje, CEO of Norwegian wireless technology pioneer Scanreach. Shipping must commi

On December 11, Dalian Maritime University and Huaweisigned a strategic cooperation agreement. Under the background of artificial intelligence, big data and IOT, intelligent ships have become the industry focus and development trend. In Jun

The global shipping industry and welfare organisations have come together to support seafarers though the #SeafarersDeliveringChristmas campaign 2020 . The campaign brings the shipping community together to support seafarers as they celebra

Wrtsil will supply its Fixed Pitch Propeller (FPP) and EnergoProFin solutions for two container vessels owned by Yang Ming Lines, the Taiwan-based shipping company, to help the container ship operator maximize efficiency in slow steaming mo

China has formalised import restrictions targeting Australias $14bn coal exports, Chinese state media has reported. The National Development and Reform Commission met 10 major power companies on the weekend and granted approval for them to

On December 10, the second 84,000-cubic meterVLGC, KEEGAN No.2, built by Jiangnan ShipyardforOriental Energy, was officially completed and delivered. So far, Jiangnan Shipyard has successfully completed the annual planned delivery of 8 VLGC

Two container ships collided at the Yangtze River estuary at around 11 pm Sunday, resulting in one ship sinking. Of its Chinese crew members, three have died while five are still missing, according to the Donghai Rescue Bureau of China on M

Iron ore futures on Chinas Dalian Commodity Exchange surged by almost 10% on Friday to an all-time high, crossing the 1,000 yuan ($152.95) per ton mark for the first time in history. A confluence of dwindling iron ore supply, surging steel

In the week ending Dec-11, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) Download PDF1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source:Ningbo Shipping Exchange The opinions expressed h