CAIRO, March 5 (Xinhua) -- A cargo ship was refloated after being stranded in Egypts Suez Canal for two hours, the Suez Canal Authority (SCA) announced on Sunday. Four SCA tugboats succeeded to refloat the MSC-ISTANBUL cargo vessel which we

With icebreaking of Australian coal import to China, the Australia shipping market shows signs of prosperity. The lack of understanding and familiarity with the market rules and ship inspection characteristics of the Australian route may ca

Hamburg, 6 March 2023: Container xChange , an online container logistics company, published its March container market forecaster today. While most industry participants foresee container prices reviving in the coming months, we see the Con

Leading international ship classification society Indian Register of Shipping (IRS), has entered into a collaboration with Dassault Systmes to leverage virtual twin technology for driving its digital transformation and boosting operational

We welcome todays announcement that, following its in-depth Phase II investigation opened last October, the UK Competition and Markets Authority has concluded that Viasats proposed acquisition of Inmarsat will not substantially lessen compe

Oneglobal is an innovative commercial insurance and reinsurance broker set up with the singular focus of improving the way in which businesses around the world manage risk via insurance. Jianjun Wang, Oneglobal Hong Kongs new Head of Busine

The Coast Guard Office of Investigations and Analysis has released Marine Safety Alert 03-23 to remind marine radio users of the importance and value of properly configuring their Digital Selective Calling (DSC)-equipped Very High Frequency

Clean The Middle East Gulf has been stable by comparison to recent weeks. TC1 (75kt MEG/Japan) dipped an incremental 5.62 points to WS187.19, with a trip west on TC20 shaving away $107,000 to $4,557,000 ($4,600,000 is currently reports on s

A New Chapter for Oil Market Oil prices have remained comfortably below $100/bbl over the past three months, with Brent largely trading between $80/bbl and $85/bbl, despite the imposition of the European ban on Russian crude and products im

3March,2023, London: The International Chamber of Shipping (ICS),representing over 80% of the worlds merchant fleet,is pleased to announceFEDIL Shipping,Luxembourg and the Brazilian Association of Cabotage Owners becoming Affiliate Member N

(A)Achieving better efficiency, safety, and productivity through technology Progress of Tuas Port after its official opening in September 2022 When completed in the 2040s, Tuas Port will be the worlds largest fully-automated terminal, with

Asia and in particular China is where the action will be for the tanker market, concludes analyst MSI in its latest report. But the global picture suggests a more modest uptick in activity. China is seeing a sharp increase in transportation

Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai Shipping Exchange, the Shanghai Containerized Freight Index (SCFI) , a

Dalian iron ore futures extended gains for a second session on Thursday as market sentiment improved following the removal of production curbs in key steel-making cities and on better-than-expected manufacturing data from China. Handan and

Low and high sulfur fuel oil bunker premiums have fallen in Hong Kong, as rising competition from regional ports has weakened domestic demand and dampened the near-term market outlook, bunker suppliers said March 2. Demand for LSFO bunker i