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.

Wages for Chinese seafarers have continued to soar on the back of demand for crew onboard newbuildings, while repatriation at the end of contracts has turned into a difficult and costly challenge.

China maintained its position as the world’s leading shipbuilding nation in 2021, according to the statistics released by China Association of the National Shipbuilding Industry (CANSI).

The Singapore Straits accounted for over half of all piracy and armed robbery incidents against ships in 2021, according to the ReCAAP Information Sharing Centre (ISC).

London-based shipbroker, Gibson, has declared that the tanker market requires a “black swan event” to revive its flagging fortunes.

Ningbo-Zhoushan port posted a cargo throughput of 1.22bn tons in 2021, an increase of 4.4% year-on-year, retaining the crown of the world’s top cargo handling port for the 13th consecutive year.