What is the role of LNG as a transition and how does fit with the International Maritime Organization’s (IMO) ambitions and ...

In 2021, the company’s container port business delivered a throughput totalling 135m teu, up 12% year-on-year. Container volumes handled by its ports in mainland China, Hong Kong and Taiwan ...

Drydocks World aims to diversify, invest in new tech, and double capacity in 10 years, with education and talent retention ...

Singapore shipowner and operator OM Maritime has inked an ordered a pair of chemical tankers at a Chinese yard.

The ten 11,500 teu containerships, designed by CIMC Ocean Engineering Design and Research Institute (CIMC ORIC), a subsidiary of CIMC which is dedicated to research on ship design and marine ...

The company will set up four joint venture single-ship companies with K Line and China Merchants Commerce Leasing for the construction of four 174,000 cu m LNG carriers for Malaysia LNG ...

The Drewry World Container Index (WCI) increased 4.2% over the last week to an average of $8,399.09 per feu. Meanwhile the Shanghai Containerized Freight Index (SCFI) rose 119.14 points over the ...

Finance is the lifeblood of any capital-intensive industry, especially one as diverse and fast moving as shipping. In recent years, many maritime stakeholders in the main markets, whether second ...

After two years of unprecedented rises container freight rates were seen as having peaked with a downcycle in 2023 - 2024 driven by overcapacity. However, Parash Jain, Head of Shipping & Ports ...

AD Ports will invest $200 million over three years, aimed at developing “a state-of-the-art facility” and will be the first internationally operated port serving the Upper Egypt region.

As at December 2019, MISC, the shipping arm of Malaysia’s state oil firm Petronas, has a fleet of about 60 oil tankers. Yee Yang Chien, ceo of MISC, told Nikkei Asian Review that the company is ...

Container line earnings have been on a downward trajectory since the peak of pandemic-induced rate hikes in the second quarter of 2022. The downward spiral brought a net loss across the largest ...