The Baltic Exchanges main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a near 12-week high on Tuesday, helped by higher rates for all vessel segments, especially capesizes. The overall index, which fact

There has been much discussion about the hazards of a possible release of ammonia on board during a combustion process or during handling or storage. Ammonia is a highly toxic gas, and exposure to it can cause serious health damage. High am

SINGAPORE, March 14, 2023 Carrier Transicolds EverFRESH active controlled atmosphere (CA) system for refrigerated containers now offers an expanded range of oxygen (O2) setpoints for all EverFRESH options. The latest EverFRESH software rele

On March 10, Guangzhou Shipyard International, a subsidiary of CSSC, and China Shipbuilding Trading signed an order for three 7,000 CEU dual-fuel PCTCs with Guangzhou Yuanhai Automobile Shipping. This type of ship is the first time in China

The worlds first CMD-WinGD 9X92DF-2.0 iCER dual-fuel main engine, built by CSSC-MES Diesel (CMD), a subsidiary of CSSC Power (Group), was delivered on March 13. The main engine will be installed on a 13,000 teu container ship built by Hudon

Hong Kong-based Anglo-Eastern Shipmanagement has begun its firstformal installation of Starlinks maritime broadband service within its managed fleet. The installation is part of a preliminary order covering a dozen vessels of various ship t

Classification society, RINA, has granted an Approval in Principle (AiP) certificate to MAN Energy Solutions for its methanol-ready MAN L/V 32/44CR engine. The AiP covers an upgrade concept for the four-stroke engine for conversion to dual-

Shipbuilders in China are pressing ahead with the production of offshore wind vessels as related orders are surging up along with growing offshore wind power installed capacity in the country. The number of offshore wind farms under constru

A delegation of executives from Sinopec meets with Sri Lankan President Ranil Wickremesinghe, March 13 (Office of the President of Sri Lanka) As it climbs back out of a protracted forex crisis, Sri Lanka appears set to get a new petroleum d

The recovery of transportation demand was slow, and the composite index continued to decline Ningbo Containerized Freight Index: In the week ending Mar-10, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE)

The Baltic Exchanges main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over 11-week high on Monday, propelled by stronger rates across all vessel segments. The overall index, which factors in rates f

WISTA Norway released the first workshop report from its 40 by 30 initiative to promote female executive recruitment in the ocean industries at its recent successful AGM, where three new board members were also elected. At our recent AGM, w

Chinas long-anticipated economic recovery is the missing link that can lead the rebound of the bulk market in 2023 and into 2024, and we expect the recovery to begin in the second half of 2023. Highlights The International Monetary Fund (IM

Singapores Port operator Temasek-owned PSA is mulling withdrawing its 20% stake in the ports business of Hong Kongs CK Hutchison, Reuters has reported. In a report based on the comments of two unnamed sources, Reuters maintains that PSA, th

SITC Cagayan / Source: VesselFinder SITC International Holdings, the holding company of Hong Kong-based intra-Asia carrier SITC Container Lines, has announced that its net profit went up by 67% on-year in 2022, to US$1.9 billion. The Hong K