Yearly Archives: 2023
Singapore Breaks Historic Record In Ship Arrivals
Port of Singapore crossed the 3 billion gross tonnage mark in ship arrivals on Monday (Dec 25)
Acting Transport Minister Chee Hong Tat...
Hapag-Lloyd’s Call On Resuming Red Sea Journeys
For global shipping giants such as Hapag-Lloyd in Germany, the choice of whether to return on their journeys through the Red Sea after these...
Upward Dynamics In Bunker Market Trends By MABUX
The MABUX global bunker indices witnessed an upward movement after five weeks, with HSFO, VLSFO, and MGO indexes rising.
Natural gas prices...
Deciphering Ningbo’s Containerized Freight Via An Index Insights
The Ningbo Containerized Freight Index tracks weekly rates for different routes, showcasing changes in percentages.
Compiled by the Ningbo Shipping Exchange and backed...
Largest Dual-Fuel Cutter Suction Dredger Redefines Efficiency At Sea
Xinhaixun, China's pioneering dual-fuel cutter suction dredger, emerges as the world's largest with a 15,000 cubic meter LNG capacity, promising eco-friendly operations.
With...
Jinling Shipyard Delivers Innovative LNG Car Carrier Fleet
The Jinling Shipyard delivered the first of four dual-fuel LNG car carriers, the "CGM Indianapolis," to Eastern Pacific Shipping for charter to CMA...
Panama Canal Slashes Daily Transits Due To El Nino
El Niño phenomenon forces Panama Canal Authority to cut draught, impacting operations.
ACP reduces daily transits to 32, planning further cuts to 18...
Suez Canal Rerouting Sparks Global Shipping Shake-Up
Recent attacks in the Red Sea led shippers such as Maersk and Hapag Lloyd, to reroute vessels away from the Suez Canal.
Suez...
Marlink To Introduce Its New Smart Hybrid Network
Marlink to introduce smart hybrid network solutions to support its sustainability goals.
Höegh Autoliners also intergrates Marlink's new hybrid solutions for maintainence and...
Performance Shipping Secures 2 LNG-Ready LR2 Tankers With Scrubbers
Performance Shipping Inc. (NASDAQ: PSHG) has signed two shipbuilding contracts through its wholly-owned subsidiaries.
The contracts are for the construction of two 114,000...