The privately-owned Chinese yard, Nanjing Huatai Shipbuilding, has filed for bankruptcy with district courts.

CMA CGM has started a global biofuel trial for 32 containerships with a refuelling operation in Singapore.

Sending containers to the UK from Asia now comes at a steep premium compared to Asia-Mainland Europe rates, according to Xeneta.

Pacific International Lines (PIL), Ocean Network Express (ONE), Gold Star Line (GSL) and Hapag-Lloyd have split a China – East Africa service into two separate offerings.

Container volume at eight major Chinese ports declined 10.6% year-on-year in early February coinciding with the lunar new year holidays.

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.