Chinas actual finished steel demand may grow 5% on year for 2020, Luo Tiejun, vice chairman of the China Iron Steel Association (CISA), shared at a recent stainless steel event in China, according to a CISA post. Chinas steel demand decline

The Baltic Exchanges main sea freight index, which tracks rates for capesize, panamax and supramax vessels, fell on Monday, on lower rates for capesize vessels. The Baltic index fell 13 points, or 0.9%, to 1,402. The capesize index fell 54

During25 26 October 2020,three incidentsof armed robbery against ships occurred on board ships while underway in theeastbound lane of the Traffic Separation Scheme(TSS) in theSingapore Strait The incidents occurred within intervals of two h

Feng Bo served as deputy general manager of COSCO Shipping Group. Mr.Feng Bo holds the position of President of COSCO SHIPPING (North America) and COSCO SHIPPING Lines (North America). Prior to his US assignment, he held the position of Gen

The smart VLGC and NH3 powered VLGC developed by Jiangnan Shipbuilding were awarded the AIP certificate by LR on October 16! This is the first time in the world that the NH3 powered ship has been approved. With the increasingly stringent in

With IMO targeting a 50% reduction in greenhouse gas emissions by 2050, LNG is becoming a natural choice for shipowners in the transition to carbon-neutral fuels. Methane slip regulations are a possibility on the horizon, but Alfa Laval and

China is stocking up on grains, metals and other commodities, providing a boost to industrial bulk shipping companies as Beijing braces for a potential new wave of supply-chain disruptions from rising Covid-19 infections among the countrys

IMO forges ahead with development of new short-term measures to implement GHG strategy. Draft new mandatory measures to cut the carbon intensity of existing ships have been agreed by an International Maritime Organization (IMO) working grou

Chinas index of export container transport edged up in the past week, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 1,054.34 on Oct. 23, up 0.1 percent from a week earlier, accord

Brazil jumped to Chinas third-biggest crude oil supplier in September, import data showed on Sunday, as Chinas independent refiners scooped up cheap supplies of the South American exporters relatively high quality oil. Imports from Brazil h

In the week ending Oct-23, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) Download PDF1 Below find the NCFI Weekly Index Data chart: Download PDF2 Source:Ningbo Shipping Exchange The opinions expressed h

Chinas soybean imports in September consisted mostly of cheaper Brazilian beans purchased in earlier months when the South American beans were sold at an average discount of 10-20 cents/bushel to their US counterpart, market sources said. W

A proposal had been made to the meeting by a large group of member states in an attempt to fuse the technical Energy Efficiency Existing Ship Index (EEXI) measure with the operational Carbon Intensity Indicator (CII) measure. These are in r

Earlier this month the International Energy Agency (IEA) released its long-term energy outlook, demonstrating different paths for future energy market developments. Four scenarios were introduced. The Stated Policies Scenario (STEPS) is bas

Argentina has joined USA, Canada, Australia, New Zealand and Chile to impose AGM regulations on international ships visiting Argentinian ports. The Argentinian National Service of Agri-Food Health and Quality (SENASA) is the competent autho