On April 20th, Shanghai Waigaoqiao Shipbuilding held the keellayingceremony for the 210,000 DWT series bulk carriers H1520 and H1521 built for ICBC Leasing and to be chartered by CITIC Metal on the same day. These are the third and fourth v

The Baltic Exchanges main sea freight index surged to its highest in over a decade on Wednesday, powered by a jump in the larger capesize vessel segment on increasing iron ore shipments from Brazil. The Baltic dry index, which tracks rates

To attract, retain and upskill talent in the fast-transforming maritime sector, a set of initiatives were unveiled today by Mr Niam Chiang Meng, Chairman of Maritime and Port Authority of Singapore (MPA). The announcement was made at the Ma

The sixth 210,000 dwt bulk carrier HUI TAI HAI (N951), contracted by COSCO Shipping Heavy Industry (Yangzhou), was christened in Yangzhou on April 20. The 210,000 DWT Newcastle bulk carrier is 299.95m in length, 50m in width and 25m in dept

In accordance with Notice of the Ministry of Agriculture and Rural Areas on adjusting the system of summer fishing ban of the Peoples Republic of China (Circular [2021] No. 1 of the Ministry of Agriculture and Rural Areas) (The Notice), fro

Chinese shipyard, Hudong-Zhonghua Shipbuilding, has recently completed the sea trials for the first FSRU it is building for the Greek shipping company, Dynagas. The shipyard, a unit of the China State Shipbuilding Corporation (CSSC) said th

Russias announcement that it will close access to the Kerch Strait which connect the Black Sea and the Sea of Azov has triggered a reaction within the London insurance market. The Joint War Committee of Lloyds Market Association has issued

Ampelmann and C-Job Naval Architects have joined forces to develop a one-of-a-kind offshore wind feeder vessel concept with motion compensation technology, specifically suited for the rigorous demands of operatingoff the east coast of the U

On April 17, 2021, Huadian Heavy Industries, Shanghai Boqiang and CIMC Raffles held the signing ceremony of 3060 Series Offshore Wind Power Installation Platform in Yantai. The 3060 Series Offshore Wind Power Installation Platform Project i

At 7:00 on April 18th, CTOS3.0 independently developed by Ningbo Zhoushan Port was successfully launched, which solved the problem of increasing container throughput and timely processing of production business. It is an important display o

A S$120 million fund for a maritime decarbonisation centre in Singapore The Maritime and Port Authority of Singapore (MPA) will join hands with industry partners under two separate agreements signed today to advance decarbonisation efforts

The International Advisory Panel on Maritime Decarbonisation (IAP) formed in July 2020 by the Singapore Maritime Foundation (SMF), with the support of the Maritime and Port Authority of Singapore (MPA), has submitted its recommendations to

On April 8 and April 15, two new Crown 63,500 DWT bulk carriers jointly built by SUMEC Marine and CDB Leasing were successfully signed and delivered. Up to now, New Dayang has successfully delivered 6 ships in 2021, and all major production

Ahead of President Bidens climate summit, shipping industry bodies representing the majority of maritime trade have called on world leaders to quickly commence deliberations on how mandatory market-based measures (MBMs) could be implemen

Chinas crude oil imports from top supplier Saudi Arabia rose 8.8% in March from a year earlier, driven by strong demand and as shipments delayed due to a port congestion finally arrived. Imports from the United Arab Emirates also rose again