China’s port operator China Merchants Port, Alibaba and financial service provider Ant Group have signed a strategic cooperation frame agreement to jointly promote port + internet platform.

China’s Yangzijiang Shipbuilding has secured new shipbuilding contracts for four 1,000-teu container feeders worth a total of RMB392m ($54.8m).

Chinese shipyards are staging a sharp recovery and many are operating close to normal. This was the message from shipping guru Martin Stopford, speaking after a virtual press conference yesterday held by SMM organisers, Hamburg Messe.

China’s Fujian Crown Ocean Shipbuilding is seeking investors to restructure the shipyard following the completion of an initial review of its assets and debts.

Yangzijiang Shipbuilding has secured new orders for seven vessels with a total contract value of $360m during the first quarter of 2020, as the shipbuilding starts catching up on lost production time due to the coronavirus (COVID-19) outbreak.

Two major port operators in North China, Shandong Port Group and Tianjin Port Group, have inked strategic cooperation agreement to promote port development.

China State Shipbuilding Corporation (CSSC) has inked 31 newbuilding orders with a total contract value of RMB9.4bn ($1.3bn) during the first quarter.

Chinese third-party ship manager Seacon Shipping has set up its South China headquarters in Nansha, Guangzhou.

China is strengthening control measures for the containment of imported COVID-19 cases, stating that international ship crew are not allowed to come ashore as a matter of principle.

As part of the second anniversary for the construction of Hainan Pilot Free Trade Zone (Port) China Cosco Shipping inked several documents relating to the development shipping and related business in Yangpu, Hainan.