IMO Secretary-General Kitack Lim has spoken out against no crew change clauses in charterparties, pointing out that such clauses exacerbate the dire situation of stranded seafarers and undermine the efforts undertaken to resolve the ongoing

Australia forecasts a sharp fall in coal export revenue this year due to Chinas restriction on importing Australian coal, according to official Resource and Energy Quarterly released on December 21. Met coal export revenue is expected to sl

The OPEC+ agreement earlier this month to increase oil supply will mean that downturns in hydrocarbon sectors across the GCC states will start to ease. London-based economic research and consultancy firm, Capital Economics, expects that bre

During the handling operation of the vessel PUTNAM at Qingdao Port Fully Automated Container Terminal of Shandong Port Group (SPG) involved, achieved an average efficiency of 46.7 moves per hour for a single crane, handling 1,032 moves and

The Maritime and Port Authority of Singapore (MPA) is calling for nominations for the Singapore International Maritime Awards (IMA) 2021. The biennial IMA recognises individuals and maritime companies for their outstanding contributions to

On December 18, Ministry of Transport held the 2020 National Ship Inspection Work Conference and announced that in 2021, the electronic ship inspection certificate will be fully promoted. The ship inspection industry has taken multiple meas

Construction of the worlds first 100,000-tonne large-scale fish farming ship started in Qingdao of East Chinas Shandong Province on Saturday, pioneering a new mode of industrial farming with movable fish farms on distant seas. Funded by the

On December 19, 2020, SITC International Holdings and Yangzijiang Shipbuilding successfully held a signing ceremony for the new 2600TEU container shipbuilding project. Following the new shipbuilding signing ceremony in November 2020, SITC I

Decreased capacity of European routes, and composite index rose sharply In the week ending Dec-11, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2083.6 points, slightly up by 16.1% against last w

The new vessel orders received by Chinese shipbuilders declined 8.7% on year over January-November, with the decline quickening in pace from the 6.6% on-year fall over the first ten months, according to the latest release from the China Ass

The best science fiction script writers from Hollywood could not have come up with the twists and turns that we have experienced during 2020. In a year that was supposed to be dominated by IMO2020, the transition to VLSFO went relatively sm

On December 17, The reorganization of Antong Holdings was successful, which marked the end of the reorganization of Antong Holdings and its two subsidiaries after 12 months. In 2018, A liquidity crisis occurred in Antong Holdings. On August

DNV GL, the worlds leading classification society, and HHI Group, the worlds largest shipyard, have teamed up to embark on the development of future-proof tanker designs. In a recent Green Tankers towards 2050 industry webinar, attended by

Interest in ammonia-powered fuel cells for the maritime sector is growing, but stakeholders have been hesitant to commit to investments in large-scale systems. Now the ShipFC project, granted funding from EUs Research and Innovation program

On December 16, the 325,000 DWT VLOC NANSHA HONOR built by Tianjin Xingang Shipbuilding Industry for China Ore Shipping was successfully signed and delivered. The 325,000 DWT ore carrier is the largest tonnage ship ever built by the company