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.

China’s busiest port operator SIPG and the world’s largest container line MSC have inked a joint venture agreement to develop empty container distribution center in Shanghai.

Eighty-four new offshore wind farms, an average of seven every month, were commissioned in 2021, setting a new record and taking global capacity to 50.5 GW.

Yantian port is cutting the receiving time for export laden containers as the terminal yard nears capacity.

CIMC Logistics and Delfin Group inked strategy investment agreement to develop shipping service for Latin America routes.