Hong Kongs ship management community was surprised by news that Wallem chief executive, Frank Coles had resigned yesterday (15 January), after just two and a half years at the helm of the worlds oldest shipmanager. I am proud of the changes

For the fourth quarter ended 31st December 2020, total volumes were 23.7% up from the same period last year. Total revenues increased by 51.2% to US Dollars 2,423.0 million. Loadable capacity increased by 17.5%. The overall load factor was

Chinas natural gas companies have backed off from purchasing high-priced spot LNG for February deliveries as they are unable to sell downstream at high prices, and after the government cracked down on domestic price surges in recent weeks.

Freight rate increase temporarily stopped, the composite index slightly corrected Ningbo Containerized Freight Index: In the week ending Jan-15, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2461

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nat

The ICC International Maritime Bureau has published its annual piracy report, which details the incidents of piracy and armed robberies in 2020. The Gulf of Guinea saw the highest ever number of crew kidnapped in 2020. According to the repo

After a turbulent 2020 that saw a brief oil price war, a global pandemic and oil demand destruction, it is perhaps not surprising that to many it feels like concerns surrounding IMO2020 have long gone. The transition to compliant bunker fue

Ninety-seven Incidents Reported to ReCAAP Information Sharing Centre in Asia in 2020, Marking 17% Year-on-Year Increase in Total Incidents and 32% Increase in Actual Incidents Annual Report 2020 released at the 12 th Nautical Forum, ReCAAP

Following the successful delivery of the first two VLGCs last year, Oriental Energy is expected to secure an order for four more VLGCs with a total value of nearly RMB 2 billion, which will further consolidate its leading position in VLGC c

Further to our joint industry submission letter to the Asian government leaders on crew changes in COVID-19 for calling upon leadership actions to saving stranded seafarers that urgently needed to be relieved, ASA coordinated another letter

China National Offshore Oil Corp, or CNOOC, said it has delivered and set sail the worlds first 100,000-metric-ton deep-water semi-submersible oil production and storage facility in Yantai, Shandong province. The Deep Sea No 1 energy statio

The Philippines Port Authority has extended the list of countries from which it is banning international crew change, and now includes Jamaica, Luxembourg, Oman, the Peoples Republic of China and Pakistan. Seafarers other than Filipinos wor

China will commission its first maritime patrol ship with a displacement of more than 10,000 tons in mid-2021, and the vessel is expected to be used in the South China Sea for missions including patrol and emergency support, an official ann

Chinas iron ore imports hit a record high in 2020, jumping 9.5% from a year earlier as the country beefed up spending on infrastructure to spur an economic recovery amid the coronavirus pandemic and manufacturing increased. China, the world

Shore-based personnel carry out essential work onboard vessels in our port such as cargo and bunkering operations, repairs and maintenance, as well as surveys and inspections. They play an important role in keeping the port open and our sup