Two nervous days have passed since the International Transport Workers Federation offered its blessing to thousands of seafarers, working beyond their original contracts, to cease work, with the cry enough is enough! Thus far there has been

The Baltic Exchanges main sea freight index marked its largest single-day percentage rise on Thursday, as capesize vessel segment rates jumped 50% on strong iron ore demand. The Baltic dry index, which tracks rates for ships ferrying dry bu

Due to spread of COVID-19 across the world, disembarkation of injured/ill crew and crew changeover on international ships have become a big challenge faced by the shipping industry. Huatai marine has been providing strong support and timely

Dalian and Singapore iron ore futures slipped on Thursday after Brazils Vale SA was allowed to resume operations at a coronavirus-shuttered mining complex, but hopes of resilient demand in China capped losses. Iron ore on Chinas Dalian Comm

On June 16, the founding ceremony of Hainan Harbor Shipping Logistics Group was held in Yangpu Port, Hainan province. The establishment of Logistics Group is a milestone event for COSCO Shipping Logistics and Hainan Harbor Shipping to joint

1.The Baltic Exchanges main sea freight index recorded its biggest ever daily percentage jump on Wednesday. 2.On June 11, CNOOC Limited announced that Qinhuangdao 33-1S oilfield phase I project has commenced production. 3.On June 16, the fo

As Singapore moves into Phase Two of Safe Transition, the Maritime and Port Authority of Singapore (MPA) has updated the requirements for crew change for cargo ships in the Port of Singapore and the resumption of specific activities onboard

The Baltic Exchanges main sea freight index recorded its biggest ever daily percentage jump on Wednesday, propelled by surging capesize rates due to a spike in iron-ore shipments. The Baltic dry index, which tracks rates for ships ferrying

On June 11, CNOOC Limited announced that Qinhuangdao 33-1S oilfield phase I project has commenced production. Qinhuangdao 33-1S oilfield is located in central and western Bohai with an average water depth of 21 meters. The project has built

To assist seafarers and their mental wellbeing in coping with the challenges imposed by COVID-19 pandemic, BIMCO compiles a list of useful resources to enable seafarers to seek free, immediate and direct help. Members are highly recommended

On June 16, Ministry of Transport issued a news release, announcing the following: Newly added transportation capacity and recommended ship types in 2020 In order to deepen the adjustment of transport capacity structure and guarantee the tr

COSCO SHIPPING Energy Transportation announced that its wholly-owned subsidiary, COSCO SHIPPING Tanker (Dalian), sold its 70% stake in Shenzhen COSCO Longpeng Liquefied Natural Gas Transportation with COSCO SHIPPING Investment Dalian for RM

1. International Transport Works Federation (ITF) issued a statement to seafarers saying simply, Enough is enough. 2.State-run Zhejiang Shipping Group has issued an tender seeking shipyards to construct two 51,000 dwt supramax carriers. 3.I

Maersk will begin implementation of an innovation called Snap Back Arrestor (SBA) ropes on the mooring lines used to hold vessels in place while docked in port for loading and unloading. Mooring is one of the most dangerous aspects of port

After weeks of calling on governments to facilitate maritime crew changes and designate the millions of workers in critical transport industries as key workers, the International Transport Works Federation (ITF) issued a statement to seafar