Although many of Chinas major bulk imports, such as iron ore and crude oil, have seen strong growth so far this year despite the COVID-19 pandemic, imports of coal have followed the opposite trajectory. Staggering high growth in January thr

Signing a joint venture letter of intent today, Wilhelmsens Marine Products division and thyssenkrupp aim to re-examine and optimize the production and delivery process of 3D printed spare parts for the unique demands of the maritime market

Yangzijiang Shipbuilding, a private shipyard giant, is preparing to become a VLCC owner. Yangzijiang is negotiating with Jinhai Intelligent Manufacturing, another shipyard in China, to buy a VLCC that has not yet been completed. The VLCC wa

On September 25, 2020,Zhonggu Logistics was successfully listed on the main board of Shanghai Stock Exchange. ZhongGu Logistics is mainly engaged in container logistics industry of domestic trade.Through the integration of railway and highw

The Baltic Exchanges main sea freight index jumped to over two-month high on Thursday as rates across vessel segments strengthened, particularly capesizes. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and

CTI-Maritec has received approval from classification society DNV GL as a test facility capable of undertaking ballast water system commissioning tests in line with new ballast water rules set to enter-into-force in October 2021. The Approv

Santoku Senpaku, a Japanese shipowner, has again ordered two Handymax bulk carriers from Dalian COSCO KHI Ship Engineering (DACKS). Allied Shipbroking reported that the owner had ordered two 61,000 dwt bulk carriers from DACKS, with deliver

Construction is well progressed on a pair of 40-meter catamaran passenger ferries at AFAI Southern Shipyard, in the Peoples Republic of China, designer Incat Crowther said on Wednesday. To be operated by the Zhuhai Fast Ferry Company, the v

Rio Tintos subsidiary Rio Tinto Mining Commercial (Shanghai) Co., Ltd. and Dalian Port Co. Ltd. signed a Memorandum of Understanding (MOU) Tuesday on cooperation in port handling, storage, blending, and transshipment of iron ore. They will

On April 15, members of the Organization of the Petroleum Exporting Countries (OPEC) and 10 non-OPEC partner countries, collectively known as OPEC+, agreed to reduce crude oil production in response to rapidly increasing global oil inventor

The Baltic Exchanges main sea freight index saw its biggest daily percentage rise in over one month on Wednesday as capesize vessel rates jumped. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects

DNV GL Maritime has released the fourth edition of its Maritime Forecast to 2050. The purpose of Maritime Forecast to 2050 is to enhance the ability of shipping stakeholders, especially shipowners, to navigate the technological, regulatory

The revision of BIMCOs most widely used voyage charter party GENCON is entering its completion phase, as the drafting team will meet during the autumn to process invaluable feedback received by the industry over the summer. During the summe

To support Singapores harbourcraft industrys transition towards a low-carbon future, the Maritime and Port Authority of Singapore (MPA) and the Singapore Maritime Institute (SMI) have launched a joint call for proposals on the electrificati

On September 23, COSCO SHIPPING Energy Transportations 319,000 DWT ship YUANHUA YANG completed ship registration, marking that the largest DWT ship in China has officially registered as Yangpu Port, China. Three months after the implementat