Chinas May soybean imports from Brazil jumped 82% from the previous month, bolstered by the arrival of cargoes due to land earlier but delayed by rains, customs data showed on Sunday. China, the worlds top importer of soybeans, brought in 9

Following the first order in 2019, Hudong Zhonghua won another order for the worlds largest 24,000TEU container ship from Evergreen, further consolidating its leading position in the field of ultra-large container ship construction. On June

DNV, the worlds leading classification society, has completed a concept verification review of Odfjell Oceanwinds WindGrid (WindGrid) system for Mobile Offshore Wind Units (MOWUs). DNVs review confirms the technical feasibility of the WindG

Inchcapes global Liner sector head, Hamish White, has overseen some major wins in the last 12 months despite the pandemic, and nails it when he says building trust through transparency is a key factor for liner principals in the third-party

China Classification Society (CCS) and China COSCO Shipping Group Co. Ltd have signed a new agreement that will see the organisations work together to tackle the issue of greenhouse gas emissions in the maritime sector. CCS vice-president S

Shipowner and investor Tor Olav Troim created another bulk carrier company, Himalaya Shipping, and signed 8+4 208,000 dwt LNG-powered Newcastlemax bulk carriers in New Times Shipbuilding. The cost of each ship ordered by Himalaya is between

DNV has launchedthe EEXI Calculator a digital tool to support customers in ensuring their compliance with the upcomingEnergy Efficiency Existing Ship Index(EEXI). The regulation is expected to be adopted at this weeks 76thmeeting of theMari

Elcome International , one of the worlds largest providers of maritime systems integration, technical support and shipboard service, announced the opening of another office in Europe. Based in the Spanish port city of Algeciras, the facilit

Three New Venture Capital Partners Boost Investment Funding The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), today announced the launch of Smart Po

A buyers payment instalments are at risk under a shipbuilding contract until the shipyard delivers the ship. To safeguard against the risk of the shipyard defaulting or becoming insolvent it is common practice to cover this risk with a refu

With discussions at the International Maritime Organizations (IMO) Marine Environment Protection Committee (MEPC) meeting (held 10 to 17 June 2021) on sea-based sources of marine plastic delayed until the end of the year, BIMCO is looking a

The shipping industry has welcomed the growing momentum for a USD 5 billion RD Fund for shipping, but is calling on governments to act in line with their climate commitments and not waste more time in moving forward with decisive action to

At the 76th session of the Maritime Environmental Protection Committee (MEPC 76), the IMO has prohibited the use of cybutryne in antifouling systems (AFS) from 1 January 2023, as studies have proven that the substance is harmful to a variet

In a report published 9 June 2021, the United Nations Office on Drugs Crime (UNODC) provides an interesting view into on the piracy problem emanating from the Niger Delta, and explains in detail why there is an urgent need for international

Peak Oil Demand in Sight? Last month the International Energy Agency (IEA) released its Net Zero 2050 report, outlining the actions that are needed to achieve net zero emissions globally by 2050. To reach this, the IEA calls for no new oil