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CNPC in for three more LNG carriers at Hudong Zhonghua

China National Petroleum International Corporation (CNPC) has inked a deal on the construction of three LNG carriers with Hudong Zhonghua Shipbuilding (Group), a subsidiary of China State Shipbuilding...

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Ever Given owners put new compensation offer on the table

The owners of the Ever Given containership, which has been detained in Egypt since April, have submitted a new compensation proposal to the Suez Canal Authority (SCA) to settle damages caused by the s...

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UK food and drinks exports to EU collapse

Britain’s exports to the European Union fell by 47% in the first quarter of the year compared to the corresponding period in 2020, with sales to Ireland down by more than 70%. UK food and drink e...

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IMO defines new guidelines on EEXI and CII to support GHG measures

IMO’s working group has agreed on a set of draft guidelines to support mandatory measures approved by the Marine Environment Protection Committee (MEPC) to cut the carbon footprint of all ships...

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LNG bunkering to commence at Japan’s Yokohama port

NYK Line, NYK Cruises, Ecobunker Shipping, and Yokohama City have signed a memorandum of understanding (MoU) to carry out LNG bunkering operations at Japan’s Port of Yokohama. LNG bunkering for Y...

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Wan Hai Lines brings its 13K TEU order tally to nine boxships

Taiwanese container shipping company Wan Hai Lines has placed an order for the construction of four 13,000 TEU containerships at South Korean shipbuilder Samsung Heavy Industries. The four boxshi...

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NYK welcomes newbuild LNG carrier into the fleet

Japanese shipping major Nippon Yusen Kaisha (NYK) took delivery of a new liquefied natural gas (LNG) carrier Diamond Gas Crystal, built at Hyundai Samho Heavy Industries (HSHI). The Singapore fla...

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Algoma orders Seaway-Max bulker in China

Algoma Central Corporation has entered into a contract with Yangzijiang Shipyard in Taicang City, China to build a new Seaway-Max self-unloading vessel for its domestic dry-bulk fleet. According to...

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Most air freight shippers expect rates to stay high or rise this summer

Three quarters of cargo owners surveyed expect Asia-Europe air cargo prices to remain at their recent elevated levels or rise even further, Transporeon reports, with a similar expectation on transpaci...

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