Spot rates for shipping containers from Asia to northern Europe in the week ending Friday jumped 7.5 per cent to US$832 per TEU, according to the Shanghai Containerised Freight Index (SCFI). Asia-Mediterranean trade rose 4.2 per cent to $82

The worlds largest crankshaft for 22,000 TEU (twenty-foot equivalent unit) container ship rolled off the production line in Dalian City, northeast Chinas Liaoning Province on Thursday. The crankshaft was produced by Dalian Huarui Heavy Indu

Chinas iron ore futures finished higher on Friday. The most active contract for May 2019 delivery ended the day session up 1.26 percent to 482 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors sinc

Shipowners and operators who have not already done so, should undertake risk assessments and incorporate measures to deal with cyber risks in their ships safety management systems (SMS) and crew awareness training. While the IMO has given s

Periodic surveys and inspections of ships are carried out to ensure the safety and seaworthiness of vessels. With maritime laws becoming more stringent with each passing year, sea-going vessels have to go through a series of inspections in

China will soon deliver a world-class ship to a Swedish company, taking another step closer to Chinas aspiration to becoming a supplier of high-end vessels. State-owned China State Shipbuilding Corp said the ship, Visborg, is the worlds fir

1.A subsidiary of Qingdao Port Group (QPG) has signed a long-term lease deal with Petrobras for four crude tanks at the Chinese port, signalling further longhaul tanker trades between China and Brazil. 2.Chinas most advanced manned submersi

COSCO Shipping will add a call to Port Tampa Bay on its Gulf of Mexico Express (GME) transpacific service, with the first vessel, the 4,250-TEU Cosco Piraeus, scheduled to arrive in Tampa on January 28. The revised port rotation for the GME

Chinas iron ore futures finished higher on Thursday. The most active contract for May 2019 delivery ended the day session up 0.42 percent to 478.5 yuan per ton. China has opened the domestically-traded iron ore futures to foreign investors

The risks posed by contaminated bunkers are one of the biggest challenges facing the marine fuels industry, according to North PI director of freight, demurrage and defense (FDD) Mark Church Speaking at the recent Tackling Global Challenges

This year 52 containerships, equating to 94,000 teu, have been sold for demolition. Last year the numbers were 141 containerships for 398,500 teu in the same period. The opening of the expanded Panama Canal in 2016 led to a difficult time f

Predicting the future is a difficult task under any circumstance, but it has become even harder this year given a range of political disturbances. However, we cannot help but notice a few recent developments that make us think that Q1 next

The Singapore Maritime Gallery will host its inaugural exhibition Sampan Girl Smiles, a showcase jointly curated by the Royal Museums Greenwich (RMG) and the Institute of Ancient Chinese Ships (Ninghai Maritime Museum). Sampan Girl Smiles e

The worlds largest LNG bunker supply vessel, the 7,500 cu.m Kairos, has started operations in Northwest Europe on charter from Babcock Schulte Energy to Blue LNG, a joint venture of Hamburg based LNG supplier Nauticor, with a 90% share, and

German ferry operator TT-Line has signed a construction contract with the Chinese shipyard Jiangsu Jinling for the construction of an LNG-powered RoPax ferry. The company said the planned delivery for the newbuild is 2022 with an option to