The Isle of Man Ship Registry (IOMSR) has been appointed by its first Chinese shipowner to flag the 82,000 DWT bulk carrier Transcenden Wisdom presently under construction at Tsuneishi Groups Zhoushan shipyard in China. The ship will regist

Asian feeder ship boss Wan Hai Lines continued to invest heavily in ordering and expanding, adding 12 3055TEU container ships to Japanese shipyards. In the first half of the year, it has spent nearly US$2.6 billion on ordering 37 ships in J

Swiss based engine developer WinGD has seen more than 80 orders of its largest engines in 2021 as shipowners continue to invest in big containerships. The orderbook for WinGDs 920 mm bore X92-B engine has grown six times compared to the num

The supply-demand relationship was trending well, and some routes were planned to rise Ningbo Containerized Freight Index: In the week ending Jun-25, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes

Global bulk and liner operator will further embrace digitalisation in bridge operations and improve cyber security of navigation data Sperry Marine has received a fleet-wide order for its new SperrySphere Connected ECDIS, with a roll-out to

On June 28, Chinas first 174,000 m3 LNG-FSRU, independently developed, designed and built by Hudong Zhonghua, was christened TRANSGAS POWER. It marks that CSSC has made another major breakthrough in the field of high-end marine equipment RD

CCB Financial Leasing and Seaspan Corporation, the worlds largest independent owner of container ships, signed an agreement on the chartering project of eight container ships with a total value of US $900 million. The signing of the project

On June 25, CSSC Chengxi Shipyard and BoComm Leasing signed a contract for the construction of 8 chip carriers in Shanghai, including 6 64,000DWT chip carriers and 2 70,000DWT chip carriers. In 2017, the two parties signed a contract for th

Demurrage and detention charges imposed on shippers by containers lines have soared at unprecedented rates globally over the last year, according to the Demurrage Detention Benchmark 2021 report published today by Container xChange,the worl

Newport Shipping has sold the first ballast water treatment system from key supplier Optimarin under their strategic alliance as the pair target an expected rush of retrofits for such systems, with time running out for shipowners ahead of a

Photo by Zhang Li The 23,000TEU dual-fuel container ship CMA CGM SORBONNE, built by China Shipbuilding Trading and Hudong Zhonghua for CMA CGM, was christened and delivered in Shanghai on June 29. The ship is the fifth 23,000 TEU dual-fuel

ERMA FIRST, an innovative Greek marine product manufacturer, has been developing ballast water treatment systems [BWTS] since 2009 As one of the most well respected BWTS specialists in world, they have successfully installed systems on a wi

On the occasion of the CWC China LNG Gas Summit, held in Shanghai from June 23rd to 25th, GTT has signed a Technical Assistance and License Agreement (TALA) with its Chinese partner COSCO Shipping Qingdao, a subsidiary of COSCO Shipping Gro

Baltic Exchanges main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak bolstered by firmer rates across vessel segments. The overall index, which factors in rates for capesize, panamax

China has been improving container terminal automation to build smart ports, and had established nine automated container terminals by 2020, with seven under construction. The countrys container throughput at ports stood at 260 million twen