A total of75 incidentsof piracy and armed robbery against ships (comprising 73 actual incidents and two attempted incidents) were reported in Asia duringJanuary-September 2020compared to54 incidents(comprising 49 actual incidents and five a

At 9:40 on the morning of October 16, a vehicle carrying three Vietnamese crew members departed from SIPGs Luojing branch terminal. The three foreign crew members were from Panamanian Adelaide cargo ship, which was docks on the 15 day morni

Lingshui 17-2 gas field project, the worlds largest truss semi-submersible platform independently designed and built by CNOOC, was completed in Qingdao. As the first module used in 1500m deep water high pressure gas field in China, the comp

Offshore investments are expected to rebound from 2021 and oil and gas operators will be looking for yards to build new facilities, with 40% of these contracts expected to be floating production storage and offloading (FPSO) units in the ne

The increase in long-term freight rates is in line with BIMCOs expectations given the current strength of the spot market. As many more containers are shipped on long-term contracts compared with short-term ones, the long-term contracts are

The 14th Governing Council Meeting of the ReCAAP ISC (the Centre) was held on 13 and 15 October 2020 by virtual modality, due to the ongoing COVID-19 pandemic. The Meeting was attended by the Governors/Representatives of the 20 ReCAAP Contr

On the morning of 14 October, the naming ceremony of 83500DWT chemical tanker built by Yangzijiang Shipbuilding for the owner of KLAVENESS in Norway was successfully held. BANGUS, the fifth in a series of eight vessels built by Yangzijiang

ZhongGu Logistics has completed the transfer of 49% equity in Dongguan Port International Container Terminals, which is held by Singapores DGCT. After the completion, Dongguan Port Group and ZhongGu Logistics will hold 51% and 49% of the Co

Chinese and international steel market participants do not expect Australian iron ore to be subject to import restrictions such as those impacting Chinese imports of Australian metallurgical and thermal coal. SP Global Platts spoke to 10 co

Shipping industry giants commit to transparent reporting of shipping emissions in line with United Nations decarbonization targets. The Sea Cargo Charter is born. What is Sea Cargo Charter and why should you pay attention to it? The Sea Car

China Classification Society (CCS) grew its serviced fleet to 34,974 vessels in 2019, marking another strong annual performance for the Beijing-based group. In its newly released Annual Report, the society said the total gross tonnage of ve

Strategic Marine (S) Pte Ltd, a leading Singapore based shipbuilder and part of Strategic Marine Holdings Pte Ltd, has clinched a newbuild contract for two 27m Crew Transfer Vessels (CTVs), complete with comprehensivefinancingsolution for W

The IMO considers exhaust gas scrubbers to be an acceptable means of reducing vessels sulphur emissions and ensuring compliance with MARPOL Annex VI. A separate guideline, Resolution MEPC.259(68) , specifies the requirements for the verific

In the first three quarters of Chinas ship repair industry, the number of completed ships increased by 7% year-on-year, and the total amount of ship repair increased by 47% year-on-year. The performance of the ship repair industry in the ne

On October 12, Guangzhou Shipyard International signed and delivered MR chemical/product tanker MARITIME TRANQUILITY for Singapore IMC and CSSC Leasing. Huang Xinfa, director of IMC, Yang Jianing, senior manager of CSSC Leasing, Zheng Minsh