The Baltic Exchanges dry bulk sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday led by gains across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shi

Iridium Communications Inc . (Nasdaq: IRDM) is pleased to announce that it was the winner of three awards in March 2022, highlighting the companys commitment to innovation and sustainability. The awards were presented at the Mobile Satellit

On April 18, General Administration of Customs released the latest monthly statistical report of my countrys import and export commodities in March. Statistics show that in March this year, China exported 262 ships, a year-on-year decrease

This short note deals with some of the key issues that may affect the obligations and rights of charterers and owners resulting from Russia being added to the JWC Listed Areas, with a focus on BIMCO clauses. In all circumstances, parties sh

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (OOCL) on a quarterly basis. This announcement sets out the unaudited oper

Swiss-Italian liner giant MSC continues to build on its rise to the top of the liner operator rankings, going to New Times Shipbuilding of China for fourteen 7,000 TEU newbuildings. MSC has a policy of not commenting on ship orders, althoug

ZTT Submarine Cable System has secured three oil and gas subsea cable supply projects with UAEs National Petroleum Construction Company (NPCC), set to be delivered to the end-user Abu Dhabi National Oil Company (ADNOC). The scope of work in

After momentary relief in February when throughput was up 7.6%, the Port of Hong Kong saw throughput fall again in March, this time by 8.3%. Drilling down into the figures Kwai Tsing terminals were again the worse hit, recording throughput

China will take targeted and integrated measures to guarantee the supply of bulk commodities and stabilize their prices, said Meng Wei, spokeswoman of the National Development and Reform Commission, Chinas top economic planner, at a press c

Local govts, exporters beef up efforts to tackle disruptions, ensure production Despite notable drops in the cost of shipping containers from China to Europe and the United States since late 2021, many Chinese exporters have delayed their d

According to a recent analysis by Container xChange, one of the many challenges for the supply chain now is the overflowing container depots in the US and the pileup of empties that will push the container prices further downwards in the mi

BIO-UV Group has partnered with Fluid Global Solutions (FGS) to strengthen the ballast water treatment system manufacturers presence in the Italian ship repair and newbuilding market. La Spezia-based FGS, a leading provider of pumps and spa

USA-based ship tank coating manufacturer Advanced Polymer Coatings (APC) is gearing up production after signing a new deal with Chinese shipowner Shandong Shipping, to supply a fleet of 50,000 DWT medium range tankers. Avon-Ohio headquarter

Latest MSI quarterly report points to decline in new gas fuel orders as Methanol and Ammonia options gather momentum and longer term risks are weighed The recent run of newbuilding Capesize bulk carrier orders featuring dual-fuel LNG propul

As part of its efforts to continually provide new and improved service offerings to customers, Pacific International Lines (PIL) launched a new weekly express service connecting Singapore and Surabaya, Indonesia. This new service serves to