As the shipping industry continues its journey to decarbonisation, our 2022 Alternative Fuels member survey reveals the current state of play, and the challenges members face as we look towards the IMOs 2030 and 2050 deadlines. In this, the

Suez Canal revenues increased in the third quarter of this year by 23.5 percent year-on-year to hit $2.1 billion the highest figure ever recorded, official data has revealed. This increase is supported by the unprecedented jump in revenues

On October 7th, China Classification Society (CCS) and CSSC (Hong Kong) Shipping Company Limited signed a cooperation framework agreement. According to the agreement, the two sides will jointly seize the development opportunities of green s

The Capesize market inched higher this week as increased activity continues to lift expectations with the 5TC closing at $19,874, up 3,660 over the week. The Atlantic remains the more optimistic region. However, closing the week it looks li

Shipping and commodities firms will commission more ships partly powered by liquefied natural gas (LNG) next year while ramping up trials for biofuel bunkering as they seek to cut emissions from ship operations, senior executives said this

Turbo SmartCare utilizesoperational data to re-invent turbocharger service agreements for medium-speed, four-stroke engine turbochargers. Data-led servicing enables optimized turbocharger maintenance for more flexibility,enhanced OPEX and p

On September 30, a naming ceremony for icebreaking multipurpose vessel ZHONG SHAN DA XUE JI DI was held at Guangzhou Wenchong Dockyard. Sea trials are expected next year. ZHONG SHAN DA XUE JI DI was currently one of the worlds highest-grade

The booming ro-ro market is attracting more and more foreign ship owners to order new ships in Chinese shipyards. Italian shipping giant Grimaldi has ordered two more 7,800 CEU ro-ro cargo ships at a high price in ChinaMerchantsJinlingShipy

On October 7, the Hong Kong registered OOCL SCANDINAVIA left the Yangshan deep-water Port, carrying 1,698 MG cars in containers. At the Haitong South Port terminal, 5,000 Tesla cars are being loaded onto the RO-RO ship. The two batches of v

Mitsui Co., Ltd. (Mitsui), Mitsui Co, Energy Trading Singapore Pte. Ltd.(METS), Maersk Oil Trading, a part of A.P Moller - Maersk (MOT) and American Bureau of Shipping (ABS) have agreed to jointly conduct a detailed feasibility study of met

Chineseshipbuilders are securing growing orders for producing liquefied natural gas (LNG) vessels this year amid the deepening energy crisis in Europe, as the latest data shows nearly 30 percent of global orders have gone to China from Janu

Shandong Port Group (SPG) held a launching ceremony forthe A-TOSintelligent control system that is applied infully automated container terminalsas well as anachievement promotion strategic cooperation agreement signing ceremonyon Sept 27. X

HHLA, the logistics company of the Port of Hamburg, agreed in September 2021 to sell a 35 percent minority stake in Hamburgs Tollerort terminal to COSCO Shipping Ports Limited. HAMBURG, Germany, Sept. 29 (Xinhua) -- A bid from Chinas shippi

On 30 September 2022, China added 15 million tonnes to its 2022 export quota for oil products. The quota includes 13.25 million tonnes for gasoline, diesel and jet fuel as well as 1.75 million for low-sulphur marine fuel. If headed for the

The Car Carrier market went into overdrive in mid August, after Nissan extended their 100,000 USD/Day rate on Lake Geneva (6,178 CEU, Jan 2015, Imabari) just four weeks into the deal. A record breaking fixture setting a higher high in a rag