Container xChange announced today it has acquired TankContainerFinder.com, the leading marketplace for tank container leasing and trading. The acquisition, agreed for an undisclosed amount, adds substantial new members to Container xChanges

1. Three major shipbuilding indicators From January to June 2021, the national shipbuilding completed volume was 20.922 million dwt, a year-on-year increase of 19.0%, of which sea-going ships were 5.784 million CGT; New ship orders were 38.

Shanghai steel futures extended gains to hit an eight-week high on Monday, after a monetary policy easing measure in China fuelled a rally driven by concerns about output curbs in the worlds top steel producer. Construction steel rebar on t

The Baltic Exchanges main sea freight index was steady on Monday as lower rates for the panamax vessel segment offset gains in the capesize index, which touched a near two-week high. The overall index, which factors in rates for capesize, p

Samuel W. Croll, CEO of CR Ocean Engineering LLC (CROE) , has announced the retirement of Nick Confuorto, President and COO since 2013. Confuorto will continue to collaborate with the firm in an advisory capacity. Confuorto catapulted CROE

After four years, Alpha Bulkers Shipmanagement, the Greek shipowner, returned to the new shipbuilding market and ordered two 210000DWT newcastlemax bulk carriers in Waigaoqiao. The Ships are scheduled to be delivered in 2022. They are regis

CIMC Raffles and Swedish shipping giant Wallenius Lines signed the construction contract of 2+2+2 next-generation 6,500-car dual-fuel vehicle carriers. The conceptual design of this series of transport ships comes from the industrys well-kn

The Global Maritime Forum will convene 200 senior leaders for its Annual Summit 2021 in London in late October. Participants will work together on collaborative solutions for systemic challenges such as the decarbonization of shipping, and

The fundamental purpose of Chinas Intelligent Ships is not to pursue unmanned, but to improve the safety, reliability, economy and environmental protection of ship navigation operations. On July 10, Wu Yousheng, academician of Chinese Acade

The freight rates of some routes retraced, and the composite index maintained an upward trend Ningbo Containerized Freight Index: In the week ending Jul-9, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE)

China has been striving to promote the development of the maritime sector, aiming to build a modern international logistics chain that is safe and stable, industry insiders said at China Maritime Forumat on Sunday. Government officials, bus

In response to media queries, the Maritime and Port Authority of Singapore (MPA) confirmed that the Liberia-registered container ship,MSC MESSINA(MM), has arrived in Singapore. A fire had occurred in the engine room of MM on 25 June 2021 in

Singapore has maintained its lead in the Xinhua-Baltic International Shipping Centre Development (ISCD) Index as the worlds top maritime centre for the eighth year running. The index is an independent ranking of the performance of 43 cities

Halfway There The 1 st half of last year may have seen extreme fluctuations as a result of Covid-19 and the oil price war, with the past six months being rather unassuming in comparison. Nonetheless, 1H2021 witnessed rates and earnings on s

The Xinhua-Baltic International Shipping Centre Development Index, published by Chinese news agency, Xinhua, and global maritime data provider, the Baltic Exchange, has ranked Singapore as the top global shipping centre for the eighth year