DSME Million Dollar Construction Deal For LNG Carrier

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering said it would build one liquefied natural gas (LNG) carrier worth about $249 million under a...

UAE Will Supply Oil As Long As The World Is In Need

UAE President Mohammed bin Zayed al-Nahyan said today his country will continue to supply oil and gas "for as long as the world needs"...

Antitrust Laws Scrutinise Decarbonisation Collaboration

Antitrust law could have a negative effect on the logistics industry’s transition to greener supply chains. Decarbonisation projects within the supply chain are, necessarily,...

Western Sanctions Backfires As The Weather Gets Colder

  Before the Ukraine war, Russia contributed to the lion’s share of Europe’s energy imports No more gas is flowing through Nord Stream 1 ...

Japanese Port To Develop LNG Bunkering, Cold Ironing

A deal struck between a French box line operator and a Japanese port will see cold-ironing and liquified natural gas bunkering facilities developed at...

China’s COVID Resurgence Spurs New Curbs, Foxconn Foists Restrictions

China's escalating COVID-19 resurgence has spurred authorities and companies, including key iPhone manufacturer Foxconn (2317.TW), to ramp up measures to contain outbreaks, disrupting production...

Safety Guides for Nitrogen Handling Aboard Chemical Tankers

Chemical Tanker Guide has issued the regulations for nitrogen handling aboard chemical tankers. Nitrogen onboard Chemical Tankers Nitrogen is used on Chemical Tankers as the primary...

Exxon Faces $2B Loss on Sale of Troubled California Oil Properties

Exxon will finance sale of offshore California oil field Blank-check firm to restart operation idled by 2015 spill Exxon Mobil Corp. will take up...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping Exchange Route 2022-11-04 2022-10-28 Weekly change (%) Ningbo - Europe 1105.71 1328.94 -16.80 Ningbo - West Mediterranean 1517.90 1633.61 -7.08 Ningbo - East Mediterranean 1282.25 1363.99 -5.99 Ningbo...

Tanker Chief Receives 2022 IMO Bravery Award for Liferaft Rescue

The 2022 IMO Award for Exceptional Bravery at Sea has been presented to Mr. Bo Xu, a chief officer from China who selflessly jumped...