Indian Register of Shipping (IRS), the leading international ship classification society, has completed prototype testing of indigenously manufactured containers in accordance with IMO International Convention for Safe Containers (CSC). Con

MARITIME AND PORT AUTHORITY OF SINGAPORE PORT MARINE CIRCULAR NO. 25 OF 2022 20 DECEMBER 2022 Port and Shipping Community REVISION IN PORT DUES RATES 1. MPA would like to remind the Port and Shipping Community that the revisions to port due

In 2022, Xinde Marine News focused on the shipping industry from shipbuilding industry, laws and regulations, shipping figures, ports, shipping enterprises etc, now listed the Xinde Marine News Top 10 most read of 2022. 1. Inchcape Shipping

On December 22, the fourth Shanghai International LNG Shipping Forum was held. The forum is co-hosted by COSCO Shipping Energy Transportation (CSET), MOL and SHPGX. With the theme of Opportunities and Challenges of LNG transportation indust

Nippon Yusen Kabushiki Kaisha (NYK Line) hereby announces that it has resolved, at the Board of Directors meeting held today, to change its Chairman, President, and representative directors as below. 1. Reason for Change Due to the changes

The International Transport Forum (ITF), part of Paris-based OECD, has called for the swift implementation of carbon pricing for shipping to speed up the sectors shift towards zero-emission ships. The price gap between conventional and zero

Exports of Russias flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December, after a Western price cap and an EU embargo on Russian oil took effect, according to traders and Reuters calculations. Traders said R

The global liquid petrochemical freight market is facing price hikes in 2023 as charterers continue challenging negotiations with shipowners over the cost of affreightment contracts or COAs for the coming year, market participants said late

Shanghai, 22 December 2022 - RINA has announced the Approval in Principle (AiP) of the first very large crude carrier (VLCC) vessel using an innovative propulsion arrangement that reduces the ships resistance by 5-10%. This result is achiev

The BIMCO CII clause has been developed to help address the commercial complexities of the CII regulation entering into force on 1 January 2023. The regulation was adopted at the IMO despite attempts by the industry to point out the potenti

The Baltic Exchanges dry bulk sea freight index fell on Thursday, marking its biggest one-day percentage loss in five weeks, as demand waned across all segments. The overall index, which factors in rates for capesize, panamax and supramax s

BIMCO is revising its popular suite of ship management and related third-party management agreements to reflect current practices in the market. First in line is SHIPMAN 2009, BIMCOs standard form ship management agreement that may include

Signal Ocean looks at the outlook for crude oil freight fundamentals amid the geopolitical crisis Demand - Freight Rates - Vessel Speeds - Supply 2022 saw a record boom in crude and product tanker freight rates. Geopolitical tensions betwee

The year ended in somewhat anti-climactic fashion for long-term ocean freight rates, with the latest data from the Xeneta Shipping Index (XSI) showing a decline of just 0.1%. Following on from a steep 5.7% month-on-month fall in November, a

To improve connectivity to key markets in the Middle East, Pacific International Lines (PIL) is pleased to announce thefurther enhancement of its Gulf China Service (GCS), with the addition of Hamad Port in Qatar to the existing calls to Je