The sharp plunge in bunker sales in Hong Kong in 2020, a manifestation of the slump in demand worldwide for marine fuels as well as quarantine restrictions imposed in the city-port due to the global coronavirus pandemic, has boosted bunker

The Baltic Exchanges main sea freight index on Tuesday dropped for a third straight session to its lowest in over two weeks, as a seasonal dip in Chinese demand weighed on vessel rates. The Baltic dry index, tracking rates for capesize, pan

Bawat announced that the Marine Engineering specialist company, Herbosch-Kiere has chosen Bawats Mobile containerized BWMS for its reception facility to serve its entire fleet of vessels and barges. How Bawats Mobile BWMS Works The Bawat Mo

Finland-based ferry company Viking Line has hit a milestone in the construction of its new LNG-powered ferry, the Viking Glory. The company said the launching of the vessel being built at the Xiamen Shipbuilding Industrys shipyard in Xiamen

Capacity Building Senior Officers Meeting takes place on the back of 32% increase in actual incidents in Asia in 2020 Senior officers from ReCAAP Contracting Parties as well as Indonesia gathered virtually today to gain an in-depth understa

The International Chamber of Shipping (ICS) has published the latest Flag State Performance Table (2020/2021) which finds that many of the largest flag states including the Marshall Islands, Hong Kong (China), Singapore as well as the Baham

The countdown is on: SMM DIGITAL, the leading international maritime trade fair, takes place from 2 to 5 February. The centrepiece of the event is the multifaceted conference programme. At MSD, the International Conference on Maritime Secur

Global industry and human rights leaders, including A.P. Mller - Mrsk, BP, BW, Cargill, COSCO, DOW, Euronav, MISC Group, NYK, Rio Tinto, Shell, Trafigura, Unilever and Vale, sign the Neptune Declaration on Seafarer Wellbeing and Crew Change

The Crown 63 series bulk carrier CL DENGSHA HE, built by New Dayang Shipbuilding for CDB Leasing, left the shipyard on January 20 for its maiden voyage. The vessel is the sixth of New Dayangs Crown 63 series bulk carriers chartered and buil

After a bumpy 2020, an end to the equipment shortage is in sight. A positive trend of the Container Availability Index, with values of 0.34 for 20DCs and 0.37 for 40DCS, could make Chinese New Year the turning point. Container xChange Janua

British multinational oil and gas company BP begun to directly supply LNG to gas customers in China, thus completing an integrated gas value chain in the country. BP has created a fully integrated gas value chain into China, directly connec

In December 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 169.85 points,up 5.41% from the previous month and up 13.34% year-on-year; the export trad

A new time charter sanctions clause specifically designed for the container shipping sector has been published by BIMCO. The BIMCO Sanctions Clause for Container Vessel Time Charter Parties 2021 is part of an initiative to create a library

Tanker shipping was in many ways the odd one out of the shipping sectors in 2020; at the start of the pandemic, the market was strong, only to finish off the year in the doldrums, while the other sectors stayed profitable. Even a demand boo

According to the latest data from Ministry of Transport, Ningbo Zhoushan Port handled 1.172 billion tons of cargo in 2020. A year-on-year increase of 4.7%, cargo throughput remained the worlds first for the 12th consecutive year Ningbo Zhou