Weekly composite index covering 20ft, 40ft and Hi-Cube box rates by Ningbo Shipping Exchange Route  30-06-2023 23-06-2023 Weekly change (%) Ningbo - Europe  469.07 488.52 -3.98 Ningbo - West Mediterranean  882.20 946.88 -6.83 Ningbo - East Mediterranean 765.14 794.49 -3.69 Ningbo -...

US crude price rises to catch-up with Brent's Tuesday gains Saudi Arabia, Russia announced fresh supply cuts on Monday Focus shifts to US...

Baltic Exchange has issued the tanker report for the 26th week of this year. This report of 16th June 2023 provides valuable insight into...

Discover the intriguing process of ocean bunkering in this captivating film, as our specialized tanker supplies fuel and transports goods to our esteemed customers,...

The number of Greek shipowners joining the ‘tonne millionaires’ club – controlling a fleet of 1 million dwt has reached a record 78. Increase Recorded Naftiliaki...

Germany has started the construction of its first Type 707 replenishment tanker vessel to be operated by the German Navy. Steel Cutting Ceremony A steel-cutting ceremony...

Voyage optimization has been a staple of ship routing for decades. However, the original principles behind the service, namely, the safety of crew, vessel,...

New innovative sail devices can be used as a modification for rigid sails or used as a stand-alone energy saving device. Increase Propulsive Force After several...

CMA CGM has dropped the Containerships brand, with all of the Finish subsidiary’s services coming under the unified CMA CGM name, says an article...

Ocean Network Express is pleased to announce it will host the 2nd Container Shipping Summit in Singapore on 3 August 2023, in collaboration with...