There appears to be a growing misalignment of Chinese government policies as it becomes apparent that efforts to cool commodity prices are not working, this is resulting in sporadic attempts from different parts of the government to calm th

Members and Assureds who have vessels calling at ports in China should note that the Club Correspondents have recently reported on updated local epidemic prevention and control measures in response to the Delta variant of Covid-19 that was

Capital Gas Ship Management Corp. took successful delivery today of the newbuilding LNG Carrier Aristarchos, built by Hyundai Heavy Industries, S.Korea. With cargo capacity of 174,000 m3, the vessel is highly efficient, propelled with XDF e

DNV, the worlds leading classification society, has launched Compliance Planner a new digital tool that enables DNV customers to easily track the requirements and deadlines of legislation for both individual vessels and entire fleets. As bo

As Sri Lanka deals with its worst marine ecological disaster after the sinking of a Singapore-registered container ship, questions have been raised about who bears the responsibilities in maritime incidents. The stricken ship, X-Press Pearl

Pacific Basin , one of the worlds leading owners and operators of modern Handysize and Supramax dry bulk ships, is on a path toward decarbonization a sustainable movement sweeping through the shipping industry. As part of this ongoing strat

The Baltic exchanges main sea freight index rose for the fourth straight session on Monday to its highest in a month, supported by higher rates across vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supra

Come Fly With Me With the summer holiday season nearly upon us, attention turns to the state of the jet fuel market as it contends with the opposing forces of rising demand and on-going Covid-19 travel restrictions. Naturally the sector has

Xeneta, the leading ocean and air freight rate benchmarking platform and container shipping index, announces the integration of CLIVE Data Services dynamic loadfactor data and analyses to deliver a full picture of air cargo market performan

Evergreen Marines revenue and profit both hit record highs in May. On June 8, Evergreen announced its May results. The monthly revenue reached NT$34.442 billion (approximately RMB 7.937 billion), an increase of 145.52% year-on-year; Net pro

ABS has published guidance on improving data quality in the latest stage of its commitment to guiding the marine and offshore industries adoption of digital technologies. The ABS Advisory on Data Quality for Marine and Offshore Application

Partners in the TrAM (Transport Advanced and Modular) project are excited to announce that construction has commenced on the worlds first fully electric passenger fast ferry at the Fjellstrand shipyard on the west coast of Norway. Equipped

Officers from ReCAAP Contracting Parties gathered virtually today in to Share Updated Situation and Best Practices in Combating Piracy and Armed Robbery Against Ships Twenty-eightofficersfrom18ReCAAPMemberStatesparticipatedinvirtualCapacity

The container and dry bulk shipping industries are breaking new records left, right and centre it appears, resulting in dry bulk owners enjoying unseasonably high profits, and container shipping carriers and tonnage providers delivering rec

In May 2021, four incidents of armed robbery against ships were reported in Asia.No piracy incident was reported. Of the four incidents, three were actual incidents and one was an attempted incident⁴. The ReCAAP ISC is concerned with the