The first 23 000 TEU vessel in the world to be powered by liquefied natural gas. A pioneering technology aimed at preserving air quality and accelerating maritime transports energy transition. CMA CGM Groups new flagship is the first of a s

On September 17, KURESHIPYARD of JMU held a naming ceremony for three 3055TEU container ships, WAN HAI 321, WAN HAI 322 and WAN HAI 323, which were built for Wanhai Shipping. Wanhai Shipping has ordered 8 3055TEU container ships in Japan, w

Transportation Demand Hot,Composite Index Fell Slightly Ningbo Containerized Freight Index： In the week ending Sep-18, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 1193.1 points, slightly fall

Chinas shipbuilder CIMC Raffles has launched the Antarctic Provider, a vessel being built for Norways krill harvesting company Aker BioMarine. The launching ceremony for the krill transport vessel built by CIMC Raffles Offshore Ltd. was hel

Relations between the United States and China may be at an all-time low, but the trading of energy commodities between the two powers remains activeat least for crude oil. China needs continued access to the United States as an export marke

The Baltic Exchanges main sea freight index rose on Monday, hitting its highest in nearly two weeks, driven by higher rates for capesize vessels. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects

The inclusion of shipping in the EU Emissions Trading System (ETS), which European lawmakers have recently supported, has ignored calls from INTERCARGO and the industry as a whole, for collaboration and adapted solutions to achieve the much

Leading global coatings manufacturer Hempel launches today an underwater Hull Inspection service using Remote Operated Vehicles (ROVs), to provide complete hull coating inspections while a vessel is at port or anchorage. The service is bein

Speaking at todays IUMI (International Union of Marine Insurance) annual conference, Sean Dalton, Chair of IUMIs Cargo Committee reported the majority of marine cargo markets geographically can best be described as hard or improving amid si

China Shipbuilding Industry Company, a listed unit of China State Shipbuilding Corporation, has received nearly 53 million yuan in government subsidies, bringing the total to 104 million yuan so far. On September 18, China Shipbuilding Indu

Chinas shipbuilders received new vessel orders totalling about 15 million dead weight tons (dwt) over January-August, or down 4.5% on year, according to the latest data from the China Association of the National Shipbuilding Industry (CANSI

Fractured relations between the US and Hong Kong have rattled some shipping cages, but in terms of trade disruptions the US Hong Kong Normalization plan looks to have more bark than bite. President Donald Trumps Executive Order on Hong Kong

VLCC Another lacklustre week has seen a slight downturn in rates for most of the routes. The Middle East market has seen rates drop two to three points as 270,000mt AG/China is now W35, while 280,000mt to USG via the cape/cape routing is as

The Korean Register (KR, Chairman CEO, LEE Hyung-chul) has presented Hyundai Heavy Industries (HHI) with the worlds first Cyber Security (CS Ready) class notation for a very large liquefied petroleum gas (LPG) carrier. The presentation took

As with most crude tanker markets, the Aframax and Suezmax sectors have remained under pressure since June. Part of this downside is not too dissimilar to the typical seasonal weakness seen during the summer months, although in most cases t