The Baltic Exchanges main sea freight index fell from a four-week high on Tuesday pressured by lower capesize and panamax vessel rates. The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for

At 8:00am on August 10, 2020, STI AMBER, an oil and chemical tanker, cruised smoothly out of the Huarun Dadong Dockyard in Shanghai, China, marking the 100th successful installation of a Pacific Green Technologies (PGTK) marine gas scrubber

As temporary measure - and to guard against the spread of COVID-19 - the Oil Companies International Marine Forum (OCIMF) is now providing a remote inspection option as an additional tool within its Ship Inspection Report (SIRE) programme.

Software solutions provider Softship has launched an innovative, web-based Pricing Calculator that allows supply chain managers and operators to identify and select optimum end-to-end multi-modal solutions for their customers and achieve fu

Intelligent Cargo Systems and German shipping company Hapag-Lloyd have today announced they are entering into a technology partnership. Intelligent Cargo Systems fleet performance platform CargoMate provides carriers with real-time port cal

Wanhais performance in Q2 was brilliant Taiwans Wan Hai Lines doubled its profit in the second quarter, helped by capacity management measures and low oil prices. Wan Hai Lines recently announced its second quarter financial results, the co

1.Chinas first homemade hybrid twin-hull luxury cruise ship was delivered in eastern Jiangsu Province. The ship was built by China Merchants Heavy Industry Co., Ltd. 2.Chinas OuYang Offshore has awarded AqualisBraemar the construction super

Chinas first homemade hybrid twin-hull luxury cruise ship was delivered in eastern Jiangsu Province. The ship was built by China Merchants Heavy Industry Co., Ltd. The company adopted the new generation of direct current (DC) electrical pro

China Tianjin Shipping Index (TSI), an indicator of northern Chinas ocean freight rates for both international and domestic shipping markets, stood at 690.33 points on Monday, up 4.29 percent compared with the previous working day. The stat

Chinas index of export container transport edged up in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 880.53, up 1.8 percent from a week earlier, according to the ex

The Baltic Exchanges main sea freight index on Monday touched its highest in four weeks as rising supramax rates countered a decline in demand for capesize and panamax vessels. The Baltic dry index, which tracks rates for ships ferrying dry

Indias state-owned oil giant is said to have stopped chartering Chinese tankers to transport crude oil and petroleum products as relations between the two countries continue to deteriorate. Chinese-flagged ships have been banned from taking

On August 13, the cloud delivery ceremony of N596 jack-up drilling platform managed by SINOOCEAN and built by COSCO SHIPPING Heavy Industry (Dalian) was successfully held in Beijing. The delivery of N596 platform marks the successful comple

1.Singapore Exchange mainboard-listed COSCO SHIPPING International (Singapore) announced its first half 2020 financial results for the financial period ended 30 June 2020. 2.Croatias first FSRU will depart the Hudong-Zhonghua yard in China

The first of two CSL-Hartmann joint venture ships built at Chengxi Shipyard in China was delivered on August 10. Having already completed all dockside and sea trials, the 40,000 DWT self-unloading bulk carrier Starnes set sail for Hamburg v