Yangzijiang Shipbuilding is to issue S$50m convertible bonds to strategic investors EDB Investments and Alexandrian Worldwide as it looks to strengthen its position in Singapore’s maritime industry.

Singapore-based Sea Lead Shipping is launching its second mainline container service connecting Asia with US East Coast ports.

China’s Ministry of Transport and National Development and Reform Commission jointly issued notice to reduce port charges starting from 1 April.

ICTSI handled consolidated container volume of 11.2m teu in 2021, an increase of 10% compared to the 10.2m teu.

Nantong CIMC Sinopacific Offshore & Engineering, subsidiary of CIMC Enric has signed contracts with Seaspan ULC of Canada for two 7,600 cu m LNG bunkering vessels plus an option for one additional vessel.

European dependence on Russian oil and gas, and war-related sanctions that are becoming stricter by the day, are set to tighten energy supplies in many countries.

The port of Kaohsiung is requiring Covid-19 rapid tests for ship crew onboard international vessels before the ship arrive at the port.

Braemar announced it has completed the disposal of Cory Brothers to Dutch maritime services company Vertom.

Container lines including Maersk, MSC, CMA CGM, ONE and Hapag-Lloyd have suspended bookings to and from Russia as fallout from Russia’s invasion of Ukraine disrupts logistics chains.

Chinese e-commerce giant Alibaba Group is turning to sea freight to provide more economical shipping to customers in Thailand who are seeking lower cost shipping options.