The Port of Sunderland in the UK is hoping for planning approval on infrastructure works to prepare an 11-acre site for investment and development.

Greek plans to privatise second tier ports in the country are attracting interest from companies in US, China, Israel, Russia, Italy and Germany.

A 50% adoption of usage of electronic Bills of Ladings by shippers in the next 10 years could save the container shipping $4bn in costs annually.

The Baltic Exchange added new indices for LNG carriers burning LNG as their primary fuel on March 2, with data available from the start of 2020.

Start-up F-Drones, aiming to deliver payloads of up 100kg to ships, has completed the raising of seed capital.

Great Eastern Shipping Co and the London-based Foresight Group are among the leading names that have put in bids to buy national carrier Shipping Corporation of India (SCI), which has been put up for sale by the Indian government.

Shipping stocks in the US are drawing a new found interest and volume and analysts believe that the market could be headed for a multi-year upturn.

Ship manager Thome Group is making its first step towards having “cashless vessels” working with ShipMoney for a digital payment solution for crew wages.

When it comes to green financing of vessels it is not just about the design, but also operational efficiency and reporting to ensure lower emissions.