Amidst the COVID-19 pandemic, maritime companies in Singapore have come together to provide job opportunities for Singapore Citizens and Permanent Residents entering the workforce. The Maritime and Port Authority of Singapore (MPA) is worki

Incidents at Batangas Anchorage, Philippines Within an interval of seven days, two incidents of armed robbery against ships occurred while they were berthed/anchored in Batangas, Philippines. In both incidents, the perpetrators demonstrated

On August 23, 2020, Guoyuan 82, the first ship of 86,000 dwt karmsamax series bulk carrier under Fujian Guohang Ocean Shipping (Group), was delivered at Qingdao. The maiden voyage ceremony was held smoothly. This series ship has a total len

Dalian Shipbuilding Industry Steel Structure Manufacturing has been actively promoting the research and development of gas supply system for ships. This certification is mainly for small and medium-sized vessels and low-pressure LNG single-

The Baltic Exchanges main sea freight index inched up on Monday, as a jump in capesize rates offset lower prices for panamax vessels. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for ca

BULLS SHARE BUY-BACK PROGRAM WITH A MAXIMUM VALUE OF RP 270 BILLION PT Buana Lintas Lautan Tbk (BULL), the largest Indonesian oil and gas tanker company with a global footprint, today announced its first share buyback program. The managemen

China Harbour Engineering Company will be responsible for the construction of a new planned shipyard in Nigeria to provide services for the maintenance and repair of an increasing number of cargo, oil and LNG ships. This project is funded b

SITC International Holdings reported interim results for the period to the end of June, during which it still reported revenue of $743m, down just 0.42% on an annual basis. The companys shareholders profit during the period was US $119 mill

In July 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 144.41points, up 8.46% from the previous month and up 3.75% year-on-year; the export trade ind

Some members of the OPEC+ group of oil-producing nations would need to slash output by an extra 2.31 million barrels per day (bpd) for a month to make up for their oversupply between May and July, an internal OPEC+ report seen by Reuters sh

Eight people have been confirmed dead and six others remain missing after an oil tanker collided with a cargo ship near the Yangtze River estuary, the maritime authorities in Shanghai said Saturday. The accident occured at 3:39 a.m. Thursda

Political Posturing For the oil and tanker markets, the Trump Presidency marked a notable shift in global politics, energy markets and international trade. Early on, the Trump Administration withdrew from the Paris climate agreement and soo

On July 31, ABB signed a purchase agreement with Shanghai Ming Wah Shipping, a subsidiary of China Merchants Group, to provide a fleet oriented ABB Ability Tekomar XPERT ship engine performance digital solution for Shanghai Ming Wahs 12 bul

Shanghai Marine Diesel Engine Research Institute won the bid for Hainan MSA H2388 cruise rescue ships on-board tail gas telemetry system project, achieving a breakthrough in the market for monitoring gaseous pollutants in ships. The ship bo

1.Three people have been rescued after two ships collided at the mouth of the Yangtze River at 3:39 am Thursday. 2.Hong Kong Container Terminal Operators Association are taking further actions to address the conditions of rest areas for con