Cosco Shipping has launched a door-to-door service from China to Greece and neighbouring countries.

Analysts Sea-Intelligence noted this week that the level of blanked sailings this year is at about a third of the four-year average and just 25% of 2019’s high at a lowly 3%, on some trades.

The east Chinese port of Guangzhou and the southern Chinese port of Jiangsu have inked strategic cooperation framework agreement to jointly develop shipping and logistics services.

Four additional members from across the value chain have joined the Silk Alliance green corridor cluster initiative.

MISC and Samsung Heavy Industries (SHI) have received Approval in Principle (AiP) from DNV for a jointly developed concept for a Floating CO2 Storage Unit (FCSU).

German carrier Hapag-Lloyd is reported to have failed to make the cut for the next stage in the sale of the South Korean government’s controlling share in the country’s largest shipping line HMM.

China Merchants Energy Shipping (CMES) has ordered a methanol dual-fuel VLCC, claimed to be the world’s first methanol-fuelled VLCC.

The South Korean shipbuilder Hyundai Samho Heavy Industries, a subsidiary of HD Hyundai, has delivered the world’s first vessel equipped with an AI-based engine automation system.

Closure of the preliminary bids for HMM reportedly sees Hapag-Lloyd into the second round of the process, sparking a local debate on foreign ownership of the flag carrier.