The benchmark Baltic Dry Index (BDI) dropped below the psychological threshold of 1,000 points on Wednesday. The index dropped 4.83% to 966 points on 8 January. Having performed unexpectedly well ...

Cosco Shipping Bulk has inked a contract for ten 82,000 dwt bulk carriers with Jiangsu Hantong Heavy Industry. The vessels will be charted to Chinese financial service provider Everbright ...

As global supply chain disruption continues there has been a significant improvement in the number of containerships waiting at port for berths according to analysis by Sea-Intelligence.

The nation’s busiest port finished it fiscal year in June moving 876,430 teu for its busiest June ever. Over the past 12 months, the Port of Los Angeles surpassed eight monthly records, had its ...

The International Maritime Organization (IMO) has set a target of a 20% reduction in total GHG emissions by 2030, striving for 30% but there are doubts from some that the industry can meet this ...

The cost estimates were included in Ricardo Energy & Environment’s report on Technological, Operational and Energy Pathways for Maritime Transport to Reduce Emissions Towards 2050 for OGCI/Concawe.

Globally, LNG bunkering facilities are being established alongside a gradual rise in the number of LNG bunker tankers to support ship-to-ship fuel transfers, in addition to major players securing ...

In a stock exchange announcement, Wan Hai said the 12 container vessels, each priced at $47.1m for a total of $565.2m, will be built at Nihon Shipyard, a joint venture between Imabari Shipbuilding ...

HHI’s Hyundai Mipo Dockyard (HMD) penned a contract with compatriot Pan Ocean to construct four 50,000-dwt MR tankers at a total price of KRW157.37bn. The four tankers will be delivered in ...

DP World announced that maritime works are underway at the $1.2bn Port of Ndayane project in Senegal after dredger Willem Van Rubroeck arrived this month. Jan de Nul’s 2020-built cutter dredger ...

The Middle East & Africa continue to be areas of huge growth for the maritime, shipping and logistics sectors. The report looks at what has made the news in 2023 across the GCC with a special ...

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a ...