Hapag-Lloyd has seen its profits fall and a massive decline in its liquidity, but the carrier has been named as one of the possible bidders for the South Korean carrier HMM.

Thai-listed Regional Container Lines (RCL) is undertaking fleet renewal as it aims to improve efficiency.

Maran Tankers has successfully delivered the first cargo to China’s newly built Nansha Guangzhou LNG terminal.

An 81,000 dwt bulk carrier fitted with rigid sails on two masts has left China en route to Brazil, but WindWings designer BAR Tech said that an even larger vessel is about to make its maiden voyage.

Japanese shipowner NYK has acquired a 25% of the shares in an automotive terminal in Patimban, Indonesia.

Shipowners have been warned by Gard of the risk of fishing vessel collisions off the coast of China as a seasonal fishing ban is progressively lifted.

Orient Overseas Container Line (OOCL) say challenges remain ahead for boxshipping but the market is “very far from disaster territory”.

Chinese shipping logistics service provider SITC International posted a revenue of $2.26 billion for the first half of this year, a decrease of approximately 44.5% as compared to the corresponding period in 2022.

CSSC Beihai Shipbuilding enters into the VLCC newbuilding market by securing two orders from tanker owner Euronav.

More details have emerged about new Dubai-based container shipping player CStar Line.