Who would have ever thought that such slow-moving ships could provide for such an exciting roller-coaster market? But 2019 proved to be the case with historic market swings, trade wars, rate spikes, trade flow shifts, political turmoil, attacks on...
According to an article published in the Dry Cargo International magazine, the shipping industry faces some very significant challenges over the coming years but has a number of reasons to be cheerful as it enters a new decade, according...
A total of 2.93 billion tonnes of cargo was shipped through the main reaches of the Yangtze River in 2019, an 8.9-percent increase from 2018, reports Xinhuanet.
Yangtze River cargo flow
China's longest river has sat atop of world's inner waterways...
According to an article published in Ship News, the list of "100 Most Popular Chinese in the Shipping Industry in 2019" has been officially released.
Extraordinary feet for China
Xu Lirong, chairman of China Ocean Shipping Group Co., Ltd., topped the...
The new International Maritime Organization regulations for reducing the sulfur content of marine fuels from 3.5 percent to 0.5 percent has come into effect. With the change comes the need for inspections and enforcement to give the new rule...
LR has collaborated with DSIC and Man Energy Solutions to develop the first ammonia-fuelled ULCS in China.
LR facilitated hazard identification (HAZID) workshops to determine potential hazards throughout the design phase.
It also covers areas limited to the...
Copenhagen-based shipping organisation BIMCO will have a Marine Environment Committee and a Maritime Safety and Security Committee, reports ShipInsight.
BIMCO restructuring
Copenhagen-based shipping organisation BIMCO is restructuring and in the future will have a Marine Environment Committee and a Maritime Safety...
UNCTAD has reported that 0.05% of the world’s ships by weight were made in India in 2018.
Between 2016 and 2018, India’s share of the gross tonnage of ships recycled worldwide slid from 31% to 26%.
Bangladesh’s rose...
According to a Lloyd List article, DNV GL Principal Regulatory Affairs Section Consultant Tore Longva has said, “MEETING International Maritime Organization targets for reducing greenhouse gas emissions from shipping will take mandatory requirements for individual ships, and other policy...
According to Alphaliner's final analysis of the year, the containership charter market is ending 2019 on a mixed note, according to Alphaliner’s final analysis of the year, reports the LoadStar.
Tight Supply Benefit
“Larger vessels of 5,500 teu and over continue...
