DUBAI, July 31, 2023 - (ACN Newswire) - PT Pertamina International Shipping (PIS), through its branch office in Dubai, PIS Middle East (PIS ME), has achieved another success by simultaneously signing four business cooperation agreements wit

The Member Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) on Fire Safety. The purpose of the campaign is: tocreateawarenessamongtheshi

Global long-term shipping rates sank to a two-year low in July, with the latest data from Xenetas Shipping Index (XSI) showing a fall of 9.5% since June, adding to a deep collapse that started last year. Long-term valid contract rates have

On July 27, Chellaram Shippingrenewed the contract for the construction of a CROWN63 PLUS (CROWN633.0version)withSUMEC. [Photo: SUMEC] This cooperation has deepened the mutual trust between the two parties. The construction of the new CROWN

On 29 July at about 9.00am, the Maritime and Port Authority of Singapore (MPA) was informed that a worker, employed by Penta Ocean-Hyundai-Boskalis Joint Venture, was found unconscious at the Tuas Port Phase 2 construction worksite. Cardiop

Ocean Network Express Pte. Ltd. (ONE) announced FLX, a new service connecting the West Coast of South America to the East Coast of North America (Florida). The service is set to launch in September 2023. With an emphasis on innovative and e

The Maritime and Port Authority of Singapore (MPA) is hosting the 14 th Co-operation Forum (CF) from 31 July to 1 August 2023.The CF is a key platform for the littoral States of the Straits of Malacca and Singapore (SOMS), user States, indu

Recently, Nantong COSCO KHI Ship Engineerings (NACKS) Intelligent Ship System Development and Application project was awarded the 2023 Special Achievement Award for Transportation Industry Equipment Management and Technology Innovation. Thi

TIANJIN, July 29 (Xinhua) -- A container ship anchored at Tianjin Port on Saturday afternoon, marking the opening of a new direct shipping route between the pivotal north China port and South America. Nine 35,000-tonne container vessels ope

Cadetship is a great way to start your career at sea and for Gards latest sponsored cadet, Harriet Harding, it was even more so as she joined the Royal Research Ship Sir David Attenborough for the first sea phase of her cadetship. Since 201

Economy: US borrowing costs hit a 16-year high, and it puts the GDP growth cost at a high level since the last time seen in 2007. Chinas slowing economic recovery pushed Beijing to try to avoid a potentially deflationary cycle. Western lead

Trouble in the Rhineland In Europe, besides contending with an intense heatwave, lower rainfall has impacted inland waterway transport on the Rhine River. This serves as an important means of regional fuel distribution, given the lack of an

28 July 2023 -Carisbrooke Shipping Ltd, which operates a fleet of multi-purpose vessels from offices in Cowes on the Isle of Wight, signed a letter of intent with Anglesey and Manchester-based Grafmarine to utilise the cutting-edge NanoDeck

Recently, CSSC Chengxi Shipyard signed a contract fortwo typesof fourself-developedships with two shipownersafterundertaking four 82,600dwt self-developedbulk carriers in mid July. Also as a self-developed ship type ofChengxiShipyard, the sh

Cargo liquefaction still remains the greatest contributor to loss of life associated with bulk carrier losses while grounding remains the main cause of ship losses, according to the recently published Bulk Carrier Casualty Report 2013-2022