Hengli Shipbuilding (Dalian), subsidiary of Hengli Heavy Industry, has entered into a shipbuilding construction contract with domestic owner Haixing Shipping for four bulk carriers.
K Line reported higher revenue and profit for its 2022 financial year, with a broadly positive outlook for its various shipping segments in 2023.
As observers voice concern about global shipbuilding capacity over the next few years, new ship prices to secondhand ratios can provide a guide to underlying shipowner sentiment.
Shipping companies are more information-hungry than ever before, citing a recent 131% increase in maritime data usage associated with business operations, a top satellite communications executive told Seatrade Maritime News.
AD Ports Group is expanding its shipping fleet with the acquisition of five bulk carriers and three crude oil tankers.
The Chinese enterprise Zhejiang Shipping is opening up office in Singapore to expanding its global business network.