CSSC Qingdao Beihai Shipbuilding has entered into shipbuilding contract with European owner CMB for the construction of two ammonia-ready bulk carriers.

Singapore’s Global Centre for Maritime Decarbonisation (GCMD) has awarded its first project – an ammonia bunkering safety study – to DNV-led consortium.

Demolition yards are biding their time in advance of next week’s Lunar New Year celebrations in Asia.

Two additional container berths at Ningbo-Zhoushan port have been opened temporarily for international vessels to ease the pressure on container cargo handling.

Although demand growth is slowing Drewry has upgraded its expected profits for container lines in 2021 to $190bn, and even higher in 2022.

Negative factors emerging in the booming dry bulk trades make for interesting 2022 outlook, according to the Simpson Spence Young (SSY).

Singapore-headquartered MTM Ship Management is to expand its use of biofuels following a successful trial.

Höegh Autoliners has inked contracts with China Merchants Heavy Industry (CMHI) for four confirmed and eight optional, multi-fuel and zero carbon ready Aurora class car carriers.

Dalian Shipbuilding Industry (DISC) has secured 10 newbuilding orders from international owners at the beginning of the year

Higher spot container freight costs for intermediate goods in Asia are adding to inflating costs for goods manufacturers.