Near-term development of green hydrogen production facilities is more likely in China and Northern Europe, according to an ABS whitepaper.

China’s largest shipping corporation, Cosco Shipping Group, claims to carry one-tenth of the world’s cargo and operates over 5% of the world’s fleet by deadweight.

Western Australia consumers faced with shortages and empty shelves in recent weeks are set to see some respite as ships start to deliver supplies from the east of the country.

Cargo onboard the burning car carrier Felicity Ace has an estimated value of $401m, according to risk analysts Russell Group.

The South China port of Yantian is aiming to achieve 16m teu container throughput by the year of 2025.

Singapore has extended withholding tax exemption on lease agreements under the country’s incentives for the maritime sector.

Large firefighting tugs were expected to arrive on Sunday and Monday to tackle the blaze on abandoned car carrier Felicity Ace.

Port congestion is growing in Asia with an increase in the average numbers of containerships per day waiting to berth at key ports according to analysts project44.

The methanol-fuelled VLCC design from Dalian Shipbuilding Industry (DSIC) and Cosco Shipping Energy Transportation has obtained AiP certificate from the classification societies of CCS and DNV.

More and more newbuildings are being ordered with dual-fuel capabilities as shipping companies seek reduce their emissions.