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Maritime Silk Road Trade Index-November Up 13.83% Year-on-Year

29/12/2020

In November 2020, the Maritime Silk Road Trade Index (STI) released by the Ningbo Shipping Exchange showed that the import and export trade index was 161.13 points, up 10.78% from the previous month and up 13.83% year-on-year; the export trade

What does an ammonia-ready vessel look like?

28/12/2020

As carbon-neutral fuel choices narrow, shipowners are beginning to look more closely at how existing and newbuild vessels might use clean fuels. Ammonia is near the top of the list for many shipowners.

Ammonia has traditionally been produced from hydrocarbons, although

Gazprom Neft LNG-bunkering vessel set afloat

25/12/2020

Russia’s first cargo and passenger ship-to-ship LNG-bunkering vessel has been set afloat — shipyard specialists having completed the main stage in the vessel’s construction, including assembling the hull and installing LNG fuel tanks and other auxiliary systems, in record time.

As 2021 will bring the largest crude deficits in years, a window of opportunity opens for producers

25/12/2020

The Covid-19 pandemic has devastated crude and condensate demand in 2021, creating massive supply surpluses and filling up inventories, causing producers to slash output in order to keep prices at somewhat profitable levels. Rystad Energy's latest balances, however, show that

REV LNG Begins Bunkering Operations at The Port of Hamilton

24/12/2020

REV LNG, LLC, a Pennsylvania-based Liquefied Natural Gas (LNG) services provider, recently completed the first truck-to-ship LNG bunkering operation in Great Lakes history at the Port of Hamilton’s (POH) Pier 22 for the MV Demia Desgagnés. The operation is the

Where’s LNG investment heading?

24/12/2020

Writing in LNG Journal, DNV GL’s Hans Kristian Danielsen presents our forecast for a strong outlook for liquefied natural gas (LNG) in the coming decades, and discusses why uncertainty remains in the short term.

• Investors in liquefied natural gas (LNG)

Shipowners should use pandemic downtime to retrofit

23/12/2020

The coronavirus crisis has seen different segments in the maritime industry retrofitting their vessels with more efficient and clean technologies.

The Covid-19 pandemic has had a diverse impact on the maritime industry. While some shipowners struggle to maintain operations and are

Ningbo Containerized Freight index soars in November

23/12/2020

From January to November, the Container throughput of Chinese ports remains same Compared with the same month last year, and the Ningbo Containerized Freight index (NCFI) keep significant rises in December

From January to November 2020, the cargo volume of Chinese

Drewry: Port Throughput Indices Recovered During October With a 4% Annual Increase

22/12/2020

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235 ports worldwide, representing over 75% of global volumes. The base point for the indices is January

IAPH-WPSP COVID19 survey : one quarter of ports responding have an increased share of empty container handling

22/12/2020

In addition to the updates on vessel calls, hinterland delays, capacity utilization and port personnel availability, the WPSP-IAPH Port Economic Impact Barometer report for week 50 asked the world’s ports to indicate how the share of empty containers in total

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