Six daily Freightos Baltic Index (FBX) indices administered by the Baltic Exchange will be used for the settlement of CME Groups new shipping container freight futures. The new contracts will be priced in USD per FEU (forty-foot equivalent)

On December 16, Ningbo Zhoushan Ports annual container throughput exceeded 30 million TEUs for the first time, becoming the third port in the world to be among the over 30 million container ports after Shanghai Port and Singapore Port. The

Image captions left to right:[PR/INS] Ayhwa Ngoh has been appointed as Steerprops Regional Sales Manager in Southeast Asia. Robbie Wang has been appointed as Steerprops General Manager Sales in China. Steerprop has strengthened its presence

Singapore-based consultancy says price remains key factor for scrapping decisions but sees turn of toxic tide amid growing market pressure Many shipowners remain focused on maximising profit by gaining the highest offer price when scrapping

On December 14, CSSC Chengxi Shipyard delivered the worlds largest asphaltum carrier, marking a successful end to the companys annual goal. CSSC Chengxi successfully delivered a 37,000DWT asphaltum carrier White Pearl to its old customer KU

On December 2, the licensing ceremony for the second group of institutions listed into the Group Open Innovation (GOI) plan in Pudong New Area was held at China Financial Information Center. COSCO SHIPPING Technology Intelligent Shipping In

A bit of preparation means a quicker turnaround of a claim a welcome result for both insureds and Gard claims handlers. This article focuses on claims related to crew and does not discuss cover related to passengers or others who may be abo

Shipowners, seafarers unions and maritime employer groups are establishing their own approved international network of quarantine facilities to ensure seafarers can safely join ships, despite unpredictable changes to government border polic

Title: How Norsepowers Rotor Sails assist you meet IMO GHG strategy Time: 2021-12-17 15:0016:00 Location: WMMF Live Streaming Bar（ https://wmmhk.com/zh-CN/eventShows/435276703032524800 ） Introduction: Norsepower was founded in late 2012

Nor-Shipping 2022 will now take place from 4-7 April. After the difficult decision to cancel its scheduled January exhibition and event programme, Your Arena for Ocean Solutions will now gather the global maritime and ocean industries in Os

The Poseidon Principles for Marine Insurance establish a pioneering framework to engage with the shipping industry and support net-zero insurance. 15 December 2021 Six of the worlds leading marine insurers launch a groundbreaking initiative

On December 14, the worlds first 22,000DWT hybrid chemical tanker Prospero built by Wuhu Shipyard for Swedish shipowner Donstank AB was officially delivered in Shanghai. The hull has a total length of 167.7 meters, a width of 26.5 meters, a

On December 13, Lingang Special Area Management Committee and Bank of Communications Financial Leasing signed a strategic cooperation agreement. According to the agreement, Bocomm Leasing will provide COSCO Shipping and Lingang Transportati

Singapore is experiencing the onset of the Northeast Monsoon season which is expected to last till March 2022. This will bring about moderate to heavy thundery showers, with strong winds and choppy seas that can increase risks at sea. Hence

A new luxury passenger ship built by Guangzhou Shipyard International Co for Denmarks Det Forenede Dampskibs-Selskab will leave Guangzhou for Europe within the week. The vessel, which was delivered on Thursday is expected to operate between