India and Pakistan routes continue to rise, and the composite index fluctuates steadily Ningbo Containerized Freight Index: In the week ending May-19, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quote

TOKYO, May 22, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., Ltd., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and

As the maritime industry transitions to a low and zero-carbon future, African maritime players are being advised to implement new training infrastructure for seafarers to adapt to the ongoing continents green transition. Speakers at Unlocki

The International Association of Dry Cargo Shipowners (INTERCARGO) has reached an historic membership milestone. The Association now represents 32% of the global dry bulk fleet (total) DWT. INTERCARGO, which meets in Dubai this week for its

Shipping finance markets for the rest of 2023 look positive, with a depth of lenders, banks, leasing houses and alternative credit funds all seeking to grow their portfolios and offer the best terms to win projects. Competition between lend

On May 19, China MerchantsEnergy Shipping issued the Announcement of the Resolution of the 22nd Meeting of the Sixth Board of Directors. The announcement disclosed that the board of directors ofCMES agreed to build two new generation of ene

South Korea, a rival with China in global shipbuilding, recently issued a new round of initiatives to support its industry, including more government investment in new technologies, expanded foreign-worker programs and new financial support

Secretary for Transport and Logistics addressing last years ALMC The Secretary for Transport and Logistics Lam Sai-hung today (19 May), signed a Memorandum of Understanding with the Guangzhou Port Authority on maritime development, exchange

Economic Headwinds In early April, the OPEC+ coalition madea surprise decision to implement fresh productioncuts, withconcerns over theglobal economy and banking crisis being cited as one of the reasons behind the cut. Oil prices rallied as

Qingdao Shipyard signed a shipbuilding order for four 82,000DWT bulk carrierswith internationally renowned shipownerSeatankers, and there are four ships waiting to be signed. This is another international shipbuilding order after206,000dwt

Southeast Asia is a renewable boom waiting to happen. With rising demand and a near-untapped alternative energy market, the region has the opportunity to become a leader in sustainable fuels and reduce its hydrocarbon dependency. Southeast

Oslo, 15 May 2023 - A new report from DNV and Lloyds List Intelligence, Maritime safety trends 2012-2022: Advancing a culture of safety in a changing maritime landscape, found a surge in the number of safety incidents involving machinery da

Box throughput at the Port of Hong Kong in April saw its steepest year-on-year decline on record. The Kwai Tsing terminals and mid-stream operators recorded a total throughput for the month of April total 1.255m teu, reflecting a decrease o

[Photo/VCG] Two bodies were found on Thursday afternoon after a Chinese deep-sea fishing vessel capsized on Tuesday in the Indian Ocean with 39 crew on board, the Ministry of Transport said on Thursday. Nine Chinese vessels and one foreign

On May 17, Guangzhou Yuanhai Automobile Shippingsigned an overseas strategic cooperation agreement with PWLShippingGmbHCo.KG (PWL), marking the official entry ofYuanhai Automobile Shippinginto the EuropeanPCTC market together with professio