On May 9, COSCO Shipping Heavy Industry (Yangzhou) successfully delivered the second 208000 DWT bulk carrier HAGEN OLDENDORFF for CDB Leasing, 20 days ahead of the contract delivery time. On the day of delivery, COSCO Shipping Heavy Industr

Fire fighters extinguish fire which broke out on a crude oil tanker at Waruna Shipyard at the Port of Belawan in Indonesias province of North Sumatra, May 11, 2020. A fire broke out on a crude oil tanker docked at Waruna Shipyard at the Por

The markets, particularly for shipping, oil and stocks, have been highly volatile over the last few months and the news cycle endless. In these times of uncertainty, real time and objective data is critical to understand and take advantage

The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash. From a shipowners or charterers perspective, the l

Chinese stainless steel futures surged on Monday, hitting their highest level in over nine months as domestic demand continued to pick up after coronavirus-related shutdowns. The most-traded stainless steel futures contract on the Shanghai

On the morning of May 8, the 130M piling ship San Hang Zhuang 20 built by China Merchants Heavy Industry (Shenzhen) for CCCC Third Harbor Engineering was delivered in Shenzhen, marking the birth of the worlds largest piling ship. The San Ha

1.A Chinese tug has been fitted with a space to quarantine crew members as the global maritime industry continues to implement precautionary health and safety measures to prevent COVID-19. 2.A homegrown electric cargo ship with a load capac

A Chinese tug has been fitted with a space to quarantine crew members as the global maritime industry continues to implement precautionary health and safety measures to prevent the spread of COVID-19. The vessel, Jin Gang Lun 32, owned and

U.S. soybean exports have been historically sluggish in recent months, but although industry expectations are already low, full-year shipments are in danger of falling even further without more bookings from China. Based on data published o

Chinas index of export container transport dipped in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 834.9, down 1.9 percent from a week earlier, according to the exc

The Carnival Cruise Line recently announced it will resume operating eight cruise lines from Miami, Port Canaveral and Galveston in the US on August 1. But its cruise operations in other areas in North America and Australia will remain susp

A homegrown electric cargo ship with a load capacity of 1,000 tons successfully tested the water at the Yangtze River section in Changzhou, East Chinas Jiangsu province on Friday. The vessel, powered by a lithium battery and supercapacitor,

A crew member from the Lexa Maersk is currently in a St. Thomas, US Virgin Islands hospital and has been diagnosed with COVID-19. The vessel diverted to the US Virgin Islands to allow the crewmember to receive the appropriate medical treatm

Dynacom Tankers, a subsidiary of Greek shipowner George Procopiou, announced the execution of an alternative order for shipbuilding in the new era, adding an additional 158,000 dwt Suez tanker. This alternative order is part of the contract

The Hong Kong Shipping Register (HKSR) is an autonomous shipping register with an excellent reputation for high quality. Hong Kong registered ships are among the best performers in the world in terms of Port State Control inspection results