Check out latest updates on the Chinese futures market for thermal coal, coking coal, coke and others at close. Source: Sxcoal The opinions expressed herein are the authors and not necessarily those of The Xinde Marine News. Please Contact

In 2022, Chinas Shenzhen Port handled over 30 million 20-foot equivalent units of containers, up 4.39 percent year-on-year, a record high, said the local transportation bureau. Last year, the port took multiple measures to improve its trans

Over the Week 01, MABUX global bunker indices after taking a short pause began to decline. The 380 HSFO index fell by 10.17 USD: from 488.93 USD/MT last week to 478.76 USD/MT. The VLSFO index, in turn, lost 15.60 USD (669.58 USD/MT versus 6

Taiwanese mainline operator Evergreen Marine Corporation has paid its employees generous bonuses of up to 52 months of their salaries, prompting a strike by staff at its affiliated airline EVA Airways. Despite the correction in freight rate

MCLEAN, VA., January 5, 2023- Iridium Communications Inc. (Nasdaq: IRDM)today announced it has entered into an agreement with Qualcomm Technologies, Inc. to enable satellite messaging and emergency services in smartphones powered by Snapdra

The Baltic Exchanges dry bulk sea freight index extended its decline to hit a near four-month low on Thursday, weighed down by weaker demand across vessel segments as shipping activity remained low. The overall index, which factors in rates

The derivatives market for clean and dirty tankers saw increased traded volumes in 2022, according to data released by the Baltic Exchange. Tanker Forward Freight Agreement (FFA) volumes hit 734,972 lots, up 33% on 2021. Dry Forward Freight

Hannes von Knorring, Principal Consultant, DNV Maritime and Sebastian Tamm, Chairman of RSI and Sustainability Logistics Manager at EFO Oslo, 5 January 2023 - DNV and the Responsible Shipping Initiative (RSI), an alliance of Swedish dry bul

Nor-Shipping and YoungShip have announced that the Young Entrepreneur Award 2023 (YEA) is now open for entries, with talented leaders, innovators and executives under the age of 40 set to vie for industry recognition. The global award initi

Chinas first intelligent electric unmanned container ship developed independently by China Merchants Cruise Shipbuilding has been given Approval in Principle (AiP) byChina Classification Society (CCS). The ship with a total length of 79.9 m

Working with shipyards, ship owners and operators, ABS has developed an industry-leading set of requirements to guide the industry in the application of carbon capture technology at sea. Experience and insight derived from pioneering carbon

On January 4, the 307,000DWT VLCCNEW SPLENDORbuilt byDalian Shipbuilding Industry forChina Merchants Energy Shipping waschristenedand delivered. NEW SPLENDORis the final work of the new generation of energy-saving andenvironment-friendly VL

Mrs Elpi Petraki， President of WISTA International More than a watchword, the term collaboration ran throughout the recent WISTA International AGM in Geneva, highlighting the fact that only by working together can we hope to bring about t

Spot rates for containers loading in Shanghai will normally be 12% higher just before CNY than ten weeks earlier. Similarly, average rates for all containers loading in China will normally end 4% higher. This year, both spot and average r

Beibu Gulf Port in South Chinas Guangxi Zhuang autonomous region saw its cargo throughput rise 16.78 percent year-on-year to 7.02 million twenty-foot equivalent units (TEUs) of containers in 2022. With advances in the new land-sea transit r