The Panama Canal Authority is set to become one of the first governmental entities in the world to charge shipowners a fee for their vessels greenhouse gas emissions. Speaking at the AAPA Latino conference in Cartagena, Colombia, on Novembe

Following the delivery of the first 12,200TEU ultra-large container ship MSC CAROLE on September 30, another two new ships of the same series have also been delivered ahead of schedule. On November 24, Yangzijiang Shipbuilding Group held a

We are now in December and the tanker market remains surprisingly weak. At the time of writing, rates in the MR segment are around USD 8,000 per day double the level earlier this autumn, certainly, but still some way below what an MR vessel

The technology group Wrtsil, together with class society RINA, ABB, Helbio - a subsidiary of Metacon AB, the Liberian Registry, and an energy major have joined forces in an effort to deliver asolution with hydrogen as fuel. The aim is to ha

The 10 leading publicly listed container shipping lines are on track to earn a record $115 billion to $120 billion in profit in 2021, a windfall that could transform the structure of the industry as those earnings are reinvested, shipping i

Chinese steel rebar and hot rolled coils futures jumped on Thursday, as demand for the most traded May deliveries are expected to recover from the weak consumption season. The most active construction rebar futures on the Shanghai Futures E

Memorandum of Understanding emphasizes the collaboration of Power Barge or Floating LNG to Power projects worldwide MAN Energy Solutions signed a Memorandum of Understanding (MOU) with Wison Offshore Marine regarding the strategic collabora

Hege Solstad has joined Inchcape Shipping Services as Vice President Commercial for the Europe Region. Chief Commercial Officer Christopher Crookall commented: We are delighted to announce that Hege Solstad joins Inchcape as Vice President

EU gas storage levels are starting the heating season with a sharp draw, both on a percentage and an absolute level. Insufficient Russian pipeline flows alongside fierce competition for seaborne LNG has meant demand is outstripping supply f

On December 1, Ningbo Zhoushan Port announced the Ningbo Zhoushan Port Foreign Trade Import and Export Container Port Charge List (Version 202111), which will be implemented from January 1, 2022. According to the list of charges published b

On November 30, CSSC Carnival (Shanghai) Cruise Shipping, the largest cruise company in China jointly established by China State Shipbuilding Corporation and Carnival Group, officially settled in Baoshan District, Shanghai. It marks the arr

Export Finance Norway (Eksfin) has reached a new milestone of NOK 10.3bn (EUR 1.04bn) in loans and guarantees for offshore wind projects worldwide. Its latest loan guarantee relates to a converter platform contract awarded to Norwegian supp

On November 29, Dalian Shipbuilding Industry, a subsidiary of CSSC, completed the LNG bunkering of the 300,000DWT LNG dual-fuel VLCC91 built for COSCO SHIPPING Energy Transportation, which marked that DSIC has taken substantial steps in the

The CMA CGM Group, a world leader in shipping and logistics, was awarded one of the Top 10 Shipping Companies with Outstanding Contribution by the Ningbo Port Group, thanks to our achievements in transshipment in 2021. This is a great recog

The latest twist in ocean shippings COVID saga: The new global threat from the omicron variant is being layered on top of existing fallout from delta-variant outbreaks in Europe and Asia. Assuming omicron is not a false alarm, its more bad