When placing orders for new ships, some liner companies choose methanol and LNG as power, and some choose dual fuel ready, but which one is the best option? There is no standard answer yet. No matter what, we have to drive to the destinatio

ABS is adding on-demand, high-resolution historical and forecast weather data on its ABS My Digital Fleet risk management platform together with Meteomatics, one of the worlds leading weather service providers. This latest addition to the A

ABS, HudongZhonghua Shipbuilding (HZS) and Wrtsil are to develop a flexible, future ready and modular concept for a future multi-fuel electric Liquefied Natural Gas Carrier (LNGC) vessel. Using advanced multi-physics modeling and simulation

Norwegian shipping tycoon John Fredriksens US-listed bulk carrier SFL Corporation sold seven bulk carriers to an Asian buyer for US$100 million. It is reported that the buyer is China Development Bank Leasing. On September 14, CDB Leasing a

The Baltic Exchanges main dry bulk sea freight index rose for a fifth straight session on Wednesday to its highest level in more than two weeks, on gains in panamax and supramax rates. The overall index, which factors in rates for capesize,

Cargo insurance has entered a new era that will deliver opportunities to those underwriters who embrace technology and harness its power. This message was delivered by the International Union of Marine Insurance (IUMI) at its data and digit

With over 3,500 oil tankers around the world, oil tankers are an integral part of the global transportation of oil from their extraction site to refineries or distribution centers. However, scheduling these tankers has historically been a m

Capesize time charter and voyage freight rates hit a record increase on Sept. 13 as tonnage supply disruptions caused by Typhoon Chanthu escalated, exacerbated by the COVID-19 related protocols already adhered to at various ports. The SP Gl

The Baltic Exchanges main dry bulk sea freight index rose for a fourth straight session on Tuesday, propelled by higher rates across vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize ve

Indian Register of Shipping (IRClass) has delivered a set of detailed Emergency Response Plans (ERP) and Oil Spill Contingency Plans (OSCP) for Hamad and Al Ruwais ports. The two ports fall under the authority of Mwani Qatar. The plans meet

Speaking at the International Union of Marine Insurance (IUMI) annual conference currently taking place online, chairperson of the IUMI Loss Prevention Committee, Pascal Dubois, called on marine insurers to recognize the vital role that los

This supplement announcement is released to promote bidding of SHANDONG HAI SHENG, and to have better cooperation with shipbrokers and achieve all-win among multiple parties. I.Reward amount:30% of commission GSEP received after-tax. II.A s

Offshore cable-laying specialist Nexans has put to the test Vestdavits innovative MissionEase boat-handling system on its state-of-the-art newbuild Nexans Aurora ahead of starting installation work on renewable power projects worldwide. The

CNOOC held the Signing Ceremony of the First Batch of LNG Single Fuel-Powered Ship Gas Supply Contracts in Guangzhou, and signed LNG supply contracts with Guangdong Navigation Group and Guangxi Jinxiang Shipping. The gas supply contract inc

Commissioned by our entrusting party, Guangzhou Shipping Exchange Co., Ltd. (GSE) and Guangzhou Hang Qing Bao Auction Co., Ltd. determines to organize an online bidding for a bulk carrier named SHANDONG HAI SHENG. The announcement is stated