Taiwanese shipping company Yang Ming Marine Transport Corp said that its containership YM Excellence while sailing from Shekou, China, to Singapore successfully rescued two Australians who were spotted fleeing out of a flaming yacht. After

The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier licence of Southernpec (Singapore) Pte Ltd (Southernpec), with effect from 29 May 2019. Southernpec will cease to operate as a bunker supplier in the Port of

1.CSSC (Hong Kong) Shipping is looking to raise up to HKD 2.18 billion (USD 277.7 million) through an initial public offering (IPO) on the Hong Kong Stock Exchange.The shipowning arm of state-owned China State Shipbuilding Corporation (CSSC

Today, Tuesday, May 28 2019, the Baltic Dry Index climbed by 16 points, reaching 1082 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The ind

Surrounding circumstances and conditions are probably the greatest variables when the ship is at sea. It may become necessary all of a sudden to drop anchor in an emergency in case of steering failure, probable collision, manoeuvring in sha

The Maritime and Port Authority of Singapore (MPA) has issued a circular (no. 5 of 2019) highlighting increase in Port State Control (PSC) detentions experienced by Singapore ships due to defects relating to the ships sewage treatment plant

1.Brazils Petrobras is scheduled to deliver a VLCC crude cargo to bonded storage facilities it has leased at Qingdao port in Chinas eastern Shandong province by end-June, according to a port source with knowledge of the vessel and ship trac

ASBATANKVOY, one of the most widely used tanker charter parties in the world, will form the basis when BIMCO and the Association of Ship Brokers Agents (U.S.A.), Inc. (ASBA) begin to jointly develop a charter party specifically for use in t

As platforms for accelerating regional integration, more attention must be given to quality of Belt and Road port projects Ports are an integral part of the Belt and Road connectivity. At present, a pattern featuring improved local infrastr

The worlds principal shipping organisation, representing around 80% of the worlds merchant tonnage, International Chamber of Shipping (ICS) remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared

Datong Coal Mine Group, the third largest coal miner after CHN Energy and China Coal, saw its coal shipments to buyers in other regions hit a record high during maintenances to Daqin railway, media reported. The group, located in coal hub o

SOLAR, a Chinese container ship with a capacity of 21,000 TEU (twenty-foot equivalent unit), arrived on Saturday at the CSP Abu Dhabi Terminal of Khalifa Port in the United Arab Emirates (UAE). The CSP Abu Dhabi Terminal, built and operated

1.Babcocks LGE business has been awarded a contract for the LPG cargo handling and Fuel Gas Supply System (FGSS) for the worlds first newbuilding vessel to use LPG as a primary fuel source. The 86,000cbm carrier is being built in China and

Chinas smart cultivation platform Zhenyu No.1 was officially put into operation in the waters of Lianjiang County, east Chinas Fujian Province on Saturday, in a bid to expand marine aquaculture industry. Monitoring the whole platform become

Spot rates for shipping containers from Asia to northern Europe in the week ending Friday was up 2.8 per cent to US$743 per TEU, while the Shanghai-Mediterranean run was up two per cent to $710 per TEU, according to the Shanghai Containeris