During Nor-Shipping earlier this month, our Head of Offshore, Robert Day, joined industry professionals to speak at Marine Moneys Norway Ship and Offshore Finance Forum. His presentation Making Sense of Consolidation, The Data Behind Decisi

In the week ending Jun-21, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 613.2 points, slightly Download PDF 1 Below find the NCFI Weekly Index Data chart: Download PDF 2 Source: Ningbo Shipping

BIMCO has published an updated version of its widely used Hull Fouling Clause for Time Charter Parties. The new edition more clearly sets out the circumstances and point in time when responsibility for hull cleaning passes from owner to tim

1.Shanghai Gentco Logistics has poached chemical chartering expert Si Liang, until now general manager of Greathorse Chemical.The move means women, including general manager Song Wei, hold two of the three highest management positions at Ch

The biofuel in the pilot project is the same blend of used cooking oil and heavy which has been tested and successfully validated in a trial driven in collaboration with the Dutch Sustainability Growth Coalition (DSGC), and Shell his year.

Hong Kongs Orient Overseas Container Line (OOCL), now a Cosco union, has announced the cancellation to a number of transpacific sailings in response to low seasonal demand. Thus, in the Pacific China South 1 (PCS1) service, the sailing of C

Sinopec, one of Chinas key oil and gas developers, started construction of the Qingdao-Nanjing gas transmission pipeline on June 14, a strategic deployment to further expand its gas supplying capacity and covering areas, state media Xinhua

Bigger ships offer advantages to both ship owners and those wishing to ship cargoes, and this trend is unlikely to change. The average size of ships has been increasing over the past several decades. Advances in production techniques, vesse

Ship owners have been taking actions in order to comply with 2020 Sulphur Cap. Open loop scrubber with LSFO would be a better solution from a overall perspective. During Xinde Marine News Green ShipTech Seminar held last week at Shanghai, t

1.Intermarine UK signed a new agreement with a Chinese manufacturer to establish at the Port of Portland one of UKs centers for scrubber installation. The deal was signed during Nor-Shipping 2019, with Shandong Pure Ocean Technology. 2.For

Demand drivers and freight rates As weak demand growth is forecasted for the coming quarters, the container shipping industry is set to return to negative margins. Iran, Libya and Venezuela face export limitations because of sanctions and i

The oil tanker market has been fraught with politics as never before, says Peter Sand, top analyst at shipowner/operator lobby BIMCO (Baltic and International Maritime Council). For example, Iran, Libya and Venezuela face export limitations

An agreement on developing a center for ocean mega-science was officially inked on Monday in Jinan, capital city of East Chinas Shandong province, among the provincial government, the Chinese Academy of Sciences and Qingdao municipal govern

MacGregor automated mooring solution specified for the worlds first autonomous and zero-emission container ship, Yara Birkeland MacGregor, part of Cargotec, and Kongsberg Maritime have entered into an agreement where MacGregor will deliver

1.Chinas first large-scale, domestically designed and independently built woodchip carrier has been successfully delivered to its client. The 64,000-ton vessel, called MATER, is manufactured by Chengxi Shipyard Co Ltd in Jiangyin city, East