China’s Crude Oil Imports Rebound From A Six-month Low

  China's crude oil imports rebounded in July from a six-month low as state-backed refiners ramped up output after returning from maintenance. It took in 301.83 million tonnes, or 10.39 million bpd, down 5.6%...

Ningbo Containerised Freight Index

Ningbo Containerised Freight Index weekly composite index covering 20ft, 40ft, and Hi-Cube box rates by Ningbo Shipping Exchange The weekly Ningbo Containerised Freight Index is compiled by the Ningbo Shipping Exchange and promoted by...

FMC Interrogates on Surcharges of Container Lines

Eight ocean carriers are being asked to provide the Commission’s Bureau of Enforcement (BoE) with details about congestion or related surcharges they have implemented or announced. The Federal Maritime Commission has launched an...

Yangzijiang Acquires ¥43.2 Billion New Orders In H1

The net profit exceeded 1.6 billion yuan and the average monthly profit was nearly 300 million yuan.  The newly signed 112 ships were US$6.67 billion (approximately 43.2 billion yuan).   In the first half of...

Prysmian Group Announces The World’s Most Advanced Cable-Laying Vessel Delivery

Prysmian Group announces the delivery of the Leonardo da Vinci. THE new vessel represents a unique asset for the development of efficient and sustainable power grids to support the energy transition. Prysmian Group, world...

China Economy Crumbles Amid Delta Variant Spread

China’s most severe coronavirus outbreak since last year has added to concerns over an economic slowdown in the country, as Beijing rushes to contain a rise in cases linked to the highly transmissible Delta...

Green Energy To Disrupt Oil’s Long-Term Relationship With Shipping

the allure of green fuels looks to end shipping’s loveless marriage with oil The real deal for a sustainable long-term partnership is to produce green hydrogen, green ammonia, and synthetic fuels As steam replaced...

Congestion And Delayed Supply Chain Woes Spread Across US

congestion takes hold again with supply chain delays spread across the US rail car shortages and rail yard capacity limitations have led to an overall reduction in the number of services from the...

[Watch] Coast Guard Helicopter Crew Rescues Woman

 A Coast Guard crew based in San Francisco rescued a woman near China Beach with a helicopter. Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item...

Baltic Index Unchanged Despite Capesize Dip

The Baltic Exchange's main sea freight index was unchanged on Monday near the one-month peak it scaled last week as gains in rates of smaller vessels offset a dip in capesizes, reports Yahoo Finance. Baltic...