Halfway through 2019, the bustling market is still full of noise. The mood of shipowners and shipyards fluctuates with various statistics and indexes. Due to the sharp decline of the BDI index at the end of 2018 and the beginning of 2019, t

Cosco-owned Orient Overseas Container Line has maintained momentum during the second quarter of 2019. Total box volumes for the second quarter of 2019, grew 4.6% compared with the same period last year to 1,768,848 teu, up from 1,691,538 te

While traditional methods of data collection like noon reports are still common across the maritime industry, it is clear that digitalisation is the future. Moving from traditional to smart operations takes time, but starting the digital jo

Off the coast of Singapore, the worlds largest ship refuelling centre, a bunker barge sidled next to the supertanker Pu Tuo San to fill the giant vessel with a new type of fuel that will meet global standards that start up in January. With

DNV GLs quest to modernize class continues to gain momentum, and more key stakeholders are getting on board. Now the focus is trained on simplifying and streamlining interactions between flag and class. DNV GL met with the management team o

Next Tuesday (5 July) marks the 50th anniversary of the container trade in Hong Kong. The Hong Kong Maritime Museum will commemorate the occasion. When the SS San Juan berthed at Ocean Terminal in Kowloon on the evening of July 30th, 1969,

Chinas index of export container transport edged up for the week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 823.95, up 0.9 percent from a week earlier, the excha

1.Next Tuesday (30 July) marks the 50th anniversary of the container trade in Hong Kong. The Hong Kong Maritime Museum will commemorate the occasion. 2.8.Chinas index of export container transport edged up for the week ending Friday, accord

Chinas crude oil output reached 95.39 million tons in the first half of the year, up 0.8 percent over the same period last year, reversing the downward trend of the past three years, an official said Thursday. Natural gas output was 86.41 b

Coordinating Minister for Infrastructure and Minister for Transport, Mr Khaw Boon Wan, launched the MPA Maritime Bus at Canberra Secondary School, in conjunction with the Singapore Bicentennial today. Developed by key partners from the mari

1.Russian natural gas producer Novatek announced that the Arc7 ice-class LNG tanker Vladimir Rusanov completed the Northern Sea Route (NSR) passage via the Eastern direction, delivering a LNG cargo from the Yamal LNG project, at the port of

Charterers (maybe the shipper or consignee) sometimes requests the owners to deliver cargoagainst a lost, stolen, destroyed bill of lading. If the owners agree to do so,which largely mirrors delivering cargo without production of the origin

1.China has hinted at a tighter restriction on the use of open-loop scrubbers within the countrys emission control areas (ECAs) from January. 2.Ningbo Zhoushan port, Chinas busiest port, saw cargo throughput rise 5.5 percent year on year to

China issued its third batch of export quotas for refined oil products for 2019, totalling 6 million tonnes, three traders told Reuters on Wednesday. The new batch raises the total export quotas for refined oil products to 48.15 million ton

Shipowners and creditors are scrambling for additional credit lines to cover the anticipated rise in low sulfur fuel oil prices post IMO 2020, market participants said this week. About $4 billion/month of extra credit will be needed startin