Inflationary trends in the shipbuilding sector have pushed new ship prices up by 25% since their November 2020 low, the steepest rate of increase since 2005, according to Clarkson Research.

Singapore is set to become the 23rd signatory to the Clydebank Declaration that was launched at COP26 in Glasgow, UK in November last year to develop green shipping corridors.

Shanghai has extended its lockdown and the world’s largest container port has taken using more river and sea transport to bring boxes to terminals.

ZIM Integrated Shipping Services has announced a new charter transaction with a group of investors initiated by MPC Capital AG, the Hamburg-based global investment manager.

In line a relaxation in border measures vaccinated ship’s crew can take shore leave in Singapore.

GEODIS, has inked a binding agreement to acquire Singapore contract logistics provider Keppel Logistics.

Keppel Corp and Sembcorp Marine (Sembmarine) say significant progress has been made in negotiations on the proposed merger of their offshore and marine businesses but more time is needed to complete the deal.

China Merchants Port has posted new records for container and dry bulk cargo handling in 2021 amid supply chain disruption.

Gemalink Port, in Cai Mep, Vietnam, has held a ceremony to mark handling 1m teu in its first year of operation.