The automobile supply chain service provider Changjiu Logistics has set up a shipping joint venture with Beijing Glovis Warehousing & Transportation to develop a ro-ro shipping business.

China Merchants Port Group has jointly set up China Merchants Northeast Asia Development & Investment Company with Liaoning Port Group and China Merchants Shekou.

China Development Bank Financial Leasing entered into vessel building contract with New Ocean Shipbuilding in Jiangsu for eight 63,000 dwt bulk carriers at a total cost of $188.92m.

As a support to shipping companies and shipowners during the coronavirus crisis, the Cyprus Shipping Ministry has extended the deadline for payment of the registry maintenance annual fee and the tonnage tax.

Norway’s Solstad Offshore is looking to dispose of 37 older vessels as part of a restructuring plan, bringing down the group’s fleet of vessels to approximately 90.

London further consolidated its position as the world’s leading place for the resolution of disputes in the maritime industry and related commercial sectors - including offshore unit construction - last year, according to statistics released today...

Saudi shipowner Bahri is making a SAR10m ($2.67m) donation to the Kingdom’s Ministry of Health in its fight against COVID-19 pandemic.

China Merchants Port Holdings announced that the company has completed the initial closing of the proposed acquisition with respect to eight target terminals worth $814.78m.

First Ship Lease Trust (FSL Trust) has appointed the head of ship finance for Hellenic Bank, Markus Wenker, as its new cfo.