Container Ship Orders Record 790% Increase, The Highest Level So Far
At present, the number of container ship orders is hitting the highest level in history.
The Global container ship orders reached 286 vessels, an increase of 790% from 32 vessels in the same...
Damietta Terminal in Egypt Dispatched 17 LNG cargoes in H1
Damietta liquefaction plant in Egypt has dispatched a total of 17 LNG cargoes in the first half of this year
it stopped operations in 2012 due to declining domestic production and restarted the...
ICS Welcomes Its First African Member State
The Nigerian Chamber of Shipping has become a full member of the ICS.
It became a full member of ICS on Monday 2nd August, 2021.
The Nigerian Chamber of Shipping has become a full...
Shipping To Draw Up Plans As China Enters Into Lockdown Again
Shipping will need to start to make contingency plans if cases of Covid-19 continue to escalate in China.
When a Covid-19 outbreak was detected at Yantian Port in late May, operations at the...
BP Raises Oil Price Assumption
BP raises oil price assumptions, promises recovery after 25% Q2 output slump
supply constraint underpins higher 2025 price outlook
BP raised its 2025 oil price assumption to reflect expected supply constraints, says an article...
Baltic Index Edges Low Mirroring Capesize Dip
The Baltic Exchange's main sea freight index inched down on Tuesday as a dip in the capesize segment offset gains in smaller vessels, reports Yahoo Finance.
Baltic Exchange freight index
The Baltic Exchange's main sea freight...
MOL To Construct Series of 4 LNG-Fueled Car Carriers
MOL to build series of 4 LNG-fueled car carriers
Progressing towards "90 LNG-fueled vessels by 2030"
Mitsui O.S.K. Lines reached an agreement with Shin Kurushima Dockyard Co and Nihon Shipyard Co to build four...
CSSC Makes the Fortune Global 500 List
China State Shipbuilding Corporation ranked 240th in the 2021 Fortune Global 500 list with an operating revenue of US $46.844.6 billion, reports Xinde Marine News.
CSSC carries out reorganization and integration
After the implementation of joint...
Kirby Marine Wins $17M in Houston Oil Spill Bench Trial
On July 8, a federal district judge in Houston exonerated Kirby Inland Marine from any liability or fault in a May 2019 collision in the Houston Ship Channel, reports the Waterways Journal.
Vessel collision
The collision...
Ship Loses 10 Containers in High Seas
10 containers went overboard from a container barge in Andaman sea off the coast of Satun Province, Thailand, early in the morning Aug 2 or during the night Aug 1-2, reports Maritime Bulletin.
What happened?
10...