The Tokyo and Paris MoUs have developed a Concentrated Inspection Campaign (CIC) on emergency systems and procedures. The CIC will run from 1 September to 30 November 2019. This PSC news gives an overview of DNV GLs recommendations for focu

1.Eastern Chinese port of Qingdao has inked strategy co-operation agreement with global information and communications solutions provider Huawei to jointly develop 5G technology. 2.Taiwanese shipping company Yang Ming Marine Transport Corp.

The Hong Kong Shipowners Association (HKSOA) has supported the recent deliberations of the 74th session of the Marine Environment Protection Committee (MEPC74) of the International Maritime Organisation (IMO) on the 2020 global sulphur cap.

ARIES oil field services, is now the Middle Easts 1st establishment to be approved and certificated for Remote Inspection Techniques specialist (UAV) for Ships and Offshore units by ABS. Considered as an additional alternative means of acce

VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between June 13, 2019 and June 20, 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz. Spot freight rates for a VLCC, carrying 2 million

1.The global first intelligent No.82 VLCC (308,000 DWT), constructed for China Merchants Steamship (CMES) by DSIC delivered successfully on June 22, 2019 in Dalian. Captain Xie, the Chairman of DMES named the ship New Journey. 2.Japans ship

I​dentifying organisms and microbes in ballast water, as well as monitoring port marine life where ballast water may be released, are key for countries preparing to enforce IMOs Ballast Water Management Convention. The treaty involves mea

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