Yearly Archives: 2023
Ningbo Freight Index Reveals Trends In Shipping Costs
Weekly composite index tracks container rates for 20ft, 40ft, and Hi Cube units, offering a comprehensive snapshot of shipping costs.
Ningbo Shipping exchange
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Anticipating Uptrend Corrections In The Global Bunker Market
On December 8, the MABUX World Bunker Index, calculated using current prices for 380 HSFO, VLSFO, and MGO, exhibited a decline.
380 HSFO - USD/MT...
ClassNK Endorses MARIC’s Innovative Alternative Fueled Vessel Designs
ClassNK grants Approvals in Principle for ship designs crafted by MARIC.
The AiPs were awarded following a meticulous verification process.
The design is...
Greener Powered Vehicle Carrier By SDARI
Three vehicle carrier designs by SDARI.
ClassNK reviewed these designs based on the latest structural rules and guidelines.
AiP serves as an early...
November’s US Container Imports Dip 9% With Port Impact
November 2023 witnessed a downturn in U.S. container imports, particularly affecting East and Gulf Coast ports due to various factors including reductions in Chinese...
Gas Report: LPG And LNG Market Report
LNG Market Report
Australia-Japan Route (BLNG1g)
Experienced a notable drop of $29,023, closing at $113,975. This price level hasn't been seen since mid-August, and before that,...
China Reveals World’s First Nuclear Container Ship Plans
A Chinese Shipyard Unveils Innovative Giant Container Ship Powered by Thorium-based Molten-Salt Reactor, Offering a Zero-Emissions Solution.
Technological Leap
Despite global setbacks, China advances with successful...
IG Approvals Updates To Secro E-Bill And Customer Agreement
In 2022, the International Group (IG) approved the Secro Customer and User Agreement and the Secro Standard e-bill of lading. Subsequently, an updated version...
NYK Aids China’s Energy Transition Towards Carbon Neutrality
NYK has concluded a long-term time-charter contract for LNG transportation with China Petroleum & Chemical Corporation ("SINOPEC"), a public energy company in China. This...
Fostering Decarbonization Goals With ‘Switch To Zero’ Campaign!
Companies that import or export their freight by vessel generally have little influence on the container shipping company’s fuel choice.
GoodShipping aims to...