[Photo provided to chinadaily.com.cn] Avance Rigel, a 230-meter-long VLGC(Very Large Gas Carrier), departed Berth D24 of the Dongjiakou Liquid Chemical Terminal of Qingdao Porton September 16 carrying 49,633 metric tons of low-temperature p

Use of worn mooring lines, overtightening of the brakes, or sudden movements of the ship are some of the main reasons for ropes straining beyond their breaking limits and parting. Parting of tensioned mooring lines has been associated with

Leading classification society, the Indian Register of Shipping (IRS), participated in London International Shipping Week 2023 , demonstrating its commitment to sustainability in the maritime industry. At this global maritime arena, IRS hos

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On the afternoon of September 22, the North Bund International Shipping Forum 2023 was opened in Shanghai. This event was hosted by the Shanghai Municipal Peoples Government and the Ministry of Transport, and organized by COSCO SHIPPING and

[Photo: YIN LIQIN/CHINA NEWS SERVICE] Being a travel buff, I couldnt say no whenever opportunities arose to go on different kinds of boat rides and cruise trips. Such experiences over the years have led me to believe that the sector has imp

Friday 22 September 2023. Shanghai/London: Today, the International Chamber of Shipping (ICS), the global trade association for shipowners, which represents over 80% of the world merchant fleet, has announced the inauguration of a new ICS R

Western Pull or Eastern Push? This year has seen a major increase in the Middle East clean product exports to Europe, with flows, mainly gasoil and jet, averaging at 0.82mbd for the year to date, up by 43% compared to the same period last y

For the 10th year in a row, Singapore ranks first in the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. Published jointly by Chinese state news agency, Xinhua, and global maritime data provider, Baltic Exchang

On September 21, COSCOSHIPPING Energy Transportation announced that it planned to spend approximately US$118 million to participate in the investmentof three LNG shipsin ENN LNG transportation projectbuilt byMOL in Hudong-Zhonghua. COSCOSHI

Procureship, the Athens-based provider of one of the worlds leading e-procurement platforms for marine buyers and suppliers, has made the strategic decision to open a new office in Singapore in a bid to expand operations to more ship owners

Chinas first-ever Containerized Freight Index (Europe Service) Futures have been operating steadily since the listing one month ago, according to the latest data from the Shanghai Futures Exchange. The country listed its first-ever Containe

20.09.2023.The Electronic Trade Documents Act comes into force in the United Kingdom, giving legal recognition in English law to electronic trade documents, including electronic bills of lading. The Electronic Trade Documents Act was preced

Cosco container ship at the port of Piraeus in Greece Chinese companies hold investments in some 31 container seaport terminals in Europe and the Mediterranean as of end-August, reflecting the increased activity by Chinas state players in E

The International Union of Marine Insurance reviewed 2022s underwriting performance at its annual conference in Edinburgh this week. Global ocean hull premiums rose in 2022 by 5.7% to reach US$8.4bn. This was largely due to a combination of