Fitch Ratings-Shanghai/Hong Kong-03 May 2023: Chinas total cargo throughput was up 8% yoy in 1Q23 versus 2% yoy in 4Q22, supported mainly by exports to Asia. Total container throughput rose by 3% yoy versus 8% yoy in 4Q22. Fitch Ratings say

Recently, CSSC Dalian Shipbuilding Industry and China Shipbuilding Trading signed a new shipbuilding contract for 10 115,000dwt producttankers with Greek shipownerDynacom. The order for 10 115,000dwt tankers has set a new record for the shi

26 April 2023 marked a very special day for the Asian Shipowners Association (ASA) as it held its very first ASA International Shipping Forum (ISF). ISF had successfully conveyed Asian Shipowners voices to the international shipping communi

With approvals by DNV, RINA, Lloyds Register, and Bureau Veritas, COOL-FIT has already changed the planning, installation, and operation of cooling applications on ships. The entirely pre-insulated plastic piping system is a lightweight, lo

New Home for Russian CPP The European ban on the imports of Russian products came into effect in early February and expectations at the time were that the countrys clean petroleum product (CPP) exports would come under pressure. However, Ru

During the COVID-19 pandemic liner operators increased the average sailing speed by up to 4% due to strong demand and widespread port congestion. Today, the situation is very different and in the first quarter of 2023 the average sailing sp

Oslo and Paris, 03 May,2023. Marlink, the smart network and ICT solutions company, is bringing together its Telemar US, UK and Italy leisure market operations to create Telemar Yachting, to provide a unique portfolio of managed services to

On 01 May 2023 at 1600 hrs, Maritime Rescue Coordination Centre (MRCC) Singapore received information from the master of tanker MS ENOLA that they had rescued 18 crew from a Gabon -registered tanker, MT Pablo, within the Singapore Maritime

The container shipping industry endured a torrid time in April, with global long-term ocean freight rates diving 10.6%, according to the latest data from Oslos Xeneta. A raft of newly negotiated contracts, with prices reflecting the low mar

The third edition of the Maritime Manpower Forum returned on the last day of the Singapore Maritime Week (SMW) 2023. Organised by the Maritime and Port Authority of Singapore (MPA), the Forum, themed Creating a Pathway towards a Future-read

The 26thInterim Meeting of the ASA Ship Recycling Committee, presided over by Mr Yuichi Sonoda, Secretary General of the ASA,on behalf of Mr Ron Huang, Chairman of the ASA SRC, was held via e-mail correspondence from 17 to 20 April 2022. Th

The Singapore Maritime Foundation (SMF) has launched a Maritime Workforce Transformation Guidebook which offers a practical approach for companies in the maritime sector to embark on job redesign to better attract talent to the industry. Th

The Maritime International Advisory Panel (IAP) held its second annual meeting on 25 and 26 April 2023, during the Singapore Maritime Week 2023. Established in 2022 by the Ministry of Transport (MOT) and the Maritime and Port Authority of S

[Photo:Wintermar Offshore] JAKARTA, Apr 27, 2023-(ACN Newswire)-PT Wintermar Offshore Marine Tbk (WINS:JK) has announced results for 1Q2023. Operating Profit rebound to US$1.6 million from a loss of US$1.4 million in 1Q2022 after strong inc

To celebrate the worlds first container vessel sailing on green methanol, A.P. Moller - Maersk will host a week of festivities, including the name giving event and other activities September 18 21 in Copenhagen, Denmark. The 2,100 TEU feede