The Baltic Exchanges main sea freight index, logged its best day in nearly two months on Monday on gains in rates for capesize and supramax shipping vessels. The overall index, which factors in rates for capesize, panamax, and supramax ship

Australian coal exports to China have resumed gradually as domestic steel companies diversify sources of supply while gradually restoring confidence in Australian goods amid eased bilateral trade relations, industry insiders said. Customs c

China Baowu Steel Group Corp., the worlds biggest steelmaker, will seek closer ties with iron ore miner Rio Tinto as Chinas demand for the raw material rebounds. Baowu is looking to benefit from efforts to repair trade relations between Chi

Simpson Spence Young (SSY) -the worlds largest independent shipbroker -and Glencores ST Shipping Transport have joined forces to donate a substantial commission to the Mercy Ships foundation. Founded in 1978, Mercy Ships delivers much neede

Over 30 leading maritime organisations and companies are urgently calling on the United Nations Secretary General to prioritise the immediate release of the 331 seafarers and 62 ships that remain trapped in Ukrainian ports. The open letter,

On February 17, the inaugural ceremony ofPingtan International Marine Shipowner Associationwas held in Fujian Province. The association already owns more than 200 vessels of various ship types such as VLCC, CAPE dry bulk vessels and contain

Ocean Network Express (ONE) announces plans to develop and integrate a smart container solution across their global fleet. The development of the smart container solution will be done in collaboration with Sony Network Communications Europe

SINGAPORE, Feb 20, 2023 - (ACN Newswire) - Singapore Exchange Catalist-listed Mooreast Holdings Ltd. (Mooreast; SGX: 1V3) has signed a Collaboration Agreement (the Agreement) to explore establishing a manufacturing facility in Aberdeen, Sco

CMA CGM has for the first time installed a bow windshield, initially developed by Japans Mitsui OSK Lines (MOL), on a flagship in its fleet. The 16,000 TEU, CMA CGM MARCO POLO was captured passing through the Port of New York and New Jersey

Carisbrooke Shipping have partnered with Carnot Ltd whose consortium has been awarded 2.3M to develop a zero-emission 50kW Hydrogen auxiliary engine demonstrator. Following design, simulations and rigorous testing, the revolutionary single-

Shanghai-based Hudong-Zhonghua Shipbuilding (Group) Co and China Shipbuilding Trading Co delivered an 80,000-cubic-meter liquefied natural gas (LNG) carrier, which is currently the worlds largest river-sea intermodal LNG carrier, to Shenzhe

SHANGHAI, Feb. 16 (Xinhua) -- Chinas first domestically-built large cruise ship is expected to be delivered by the end of 2023, with over 91 percent of construction completed, the administration bureau of the bonded area in China (Shanghai)

Europes increased need for liquefied natural gas (LNG) looks set to intensify competition with Asia for limited new supply available over the next two years and may dominate LNG trade over the longer term, according to Shells LNG Outlook 20

COSCO SHIPPING International (Singapore) Co., Ltd., together with its subsidiaries, wishes to update shareholders that based on a preliminary review of the Groups unaudited consolidated financial results for FY2022, the Group is expected to

China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following the dismantling of COVID-19 controls and as a result of new refineries coming onstream, analysts said. The pro