ABS is supporting McAllister on its sustainability journey with greenhouse gas inventory and sustainability reporting services for its fleet of more than 75 tugboats, crew boats and barges. ABS specialists worked with McAllisters team to ca

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), today announced the launch of Smart Port Challenge (SPC) 2022 under Port Innovation Ecosystem Reim

On May 20, the worlds first 100,000 DWT smart fishery large-scale aquaculture vessel GUO XIN No. 1 built by CSSC Qingdao Beihai Shipbuilding for Qingdao Conson Development (Group) was delivered and christened in Qingdao. The delivery of GUO

Recently,the Ministry of Transport of the Peoples Republic of China released the implementation plan of 11 major transport projects during the 14th Five-Year Plan period, including the upgrading of coastal ports, expansion of the capacity o

COSCO SHIPPING Investment Dalian has taken actions to materialize the essence of Chinese President Xi Jinpings speech made during his visit in Hainan Province, empowering the corporation to facilitate the construction of the Hainan Free Tra

Globus Maritime Limited, a dry bulk shipping company, announcedthat it has signed two contracts for the construction and purchase of two fuel efficient bulk carriers of about 64,000 DWT each. The sister ships will be built at Nantong COSCO

On May 19th, the worlds largest 24000TEU Ultra Large Container Carriers (ULCC) No.2 built by Hudong-Zhonghua was successfully undocked in Changxing Shipbuilding Base. On the same day, the 13000-ton multi-purpose heavy lift vessel No. 12 was

As part of entering into a Global Agreement (Deed) with COSCO Shipping (Qidong) Offshore Co. Ltd which forms part of the recently completed financial restructuring, Prosafe and Cosco have agreed extended delivery flexibility relating to the

Danish shipping and logistics giant A.P. Moller-Maersk said demand for transport services will surge in Chinas Yangtze River Delta region in the coming weeks, as a growing number of manufacturers in Shanghai have relaunched operations, said

The Baltic Exchanges main sea freight index rose on Thursday, due to higher rates for all vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 100 points, or 3.1%, at 3,28

As Shanghai steps up resumption of businesses after containing the recent COVID-19 resurgence, Shanghai Port, a major transportation hub, has seen its container throughput recover to over 80 percent of normal capacity. According to the Shan

Asian Shipowners Association (ASA) held its 31st Annual General Meeting online on 19 May 2022. The meeting was hosted by the Korea Shipowners Association (KSA) and attended by representatives from all ASA member associations. The focus of t

The Poseidon Principles are a framework for measuring and publicly reporting the carbon footprint of financial institutions shipping portfolios. With DekaBank as the latest Signatory, the Poseidon Principles are now estimated to cover over

On May 18th, the press conference of industrial application of apply pentane as a new welding and cutting fuelwas held in Guangzhou ShipyardInternational Company Limited.This achievement is the first time that pentane is successfully used a

Long-term reefer rates soar to all-time highs on US West Coast to Far East trades According to the latest crowd-sourced data from Xeneta, long-term rates for reefer containers on the key US West Coast to Far East route soared almost 60% in