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Coach updates Valid Data noon report module to simplify FuelEU Maritime compliance

Coach updates Valid Data noon report module to simplify FuelEU Maritime compliance
Coach Solutions, a leading SaaS provider in the shipping industry, has upgraded its Vessel Reporting functionality to support compliance with FuelEU Maritime. The reporting application has been developed to support clients in achieving accurate and efficient reporting...
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Global leaders commit to enabling and promoting the electronic Bill of Lading

Global leaders commit to enabling and promoting the electronic Bill of Lading
On 16 November, the leaders and trade ministers of the Asia Pacific Economic Cooperation (APEC), covering more than 60% of global trade, concluded their summit by issuing declarations which include a strong commitment to promoting the use of electronic trade-related...
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Eastern Pacific Shipping extends eSAIL® installation with bound4blue on newbuild

Eastern Pacific Shipping (EPS) has strengthened its collaboration with bound4blue by contracting three 22-meter high eSAIL® suction sails. The fully autonomous Wind Assisted Propulsion System (WAPS) will be installed on a newbuild MR Tanker from New Times Shipbuilding...
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CHINA DATA: Crude imports hit 15-month high of 11.86 mil b/d in November

China’s crude imports rose 12.2% month over month to a 15-month high of 11.86 million b/d (48.52 million mt) in November, data from the General Administration of Customs showed Dec. 10, although the sharp increase is unlikely to be sustained. Inflows were up 14.3%...
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On whose behalf is the LOI given? Considerations for charterers when issuing and receiving LOIs

Introduction Letters of Indemnity (“LOI”) are often used to facilitate efficient trade. For instance, when the bills of lading have not arrived at the discharge port in time, and the vessel would otherwise have to wait accruing demurrage, or where the place of...
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China Nov iron ore imports drop on expectation of weak seasonal demand

China’s iron ore imports in November fell 1.91% from October, customs data showed on Tuesday, as shipments slowed ahead of the slow season for steel demand when colder weather disrupts construction work in the country’s north. The world’s largest iron ore consumer...
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