The VLCC tanker sector has benefited from a very low newbuilding orderbook, however, brokers Poten expect ordering to return in the second half of 2024.

The Chinese shipyard New Dayang Shipbuilding has won its first order from Japanese client for the construction of two 64,100 dwt bulkers.

The governments of Dubai and Pakistan signed framework agreements on developing an economic zone at Port Qasim and dredging its navigation channel.

Chinese automotive manufacturer SAIC Group has launched the world’s largest LNG dual-fuel car carrier SAIC Anji Sincerity.

Even after last week’s US led air strikes, aimed at limiting the Houthi’s ability to threaten commercial shipping through the Bab al-Mandeb Straits, missiles are finding their targets, disrupting trade and risking the re-ignition of the...

China’s automobile export market reached 4.91 million units in 2023, increasing some 57.9 year-on-year.

As geopolitical and economic factors persist, including tensions between the US and China and relatively high interest rates, there are many reasons for caution.

Following the dissolution of the 2M alliance, of Maersk and MSC, it was expected a realignment of the top 10 container lines could take place, the Gemini Cooperation could prove to be start of this shift, but the move could drive further merger...

The new Gemini Cooperation alliance of Maersk and Hapag-Lloyd is seen as positive news by shippers and analysts as the two lines set out their ambitions around schedule reliability and green credentials.

South China shipbuilder CSSC Huangpu Wenchong Shipbuilding says German owner Elbdeich Reederei ordered two 1,250 teu boxships plus options for another pair.