Over 1,000 tonnes of fuel oil have spilled from the capesize bulker Wakashio aground of the tourist island of Mauritius according to charterers Mitsui OSK Lines (MOL).

HMM is selling a 50% minus one share stake in Total Terminal International Algeciras (TTI Algeciras) to French container line CMA CGM.

PSA Sines, concessionaire of the Container Terminal of the Port of Sines (Terminal XXI), has launched a tender for the expansion of this port infrastructure.

Regional Container Lines (RCL) and Gold Star Lines are launching a new service connecting Port Klang, Singapore and Ho Chi Minh City.

Jining Energy Development Group has signed a letter of intent with CSSC China Shipbuilding Trading (Shanghai) for the construction of LNG-powered containerships and bulk carriers with capacity in the range of 1,000-2,000 dwt.

Newbuilding orderbook across all ship types has touched its lowest point in 17 years against the backdrop of the coronavirus (Covid-19) pandemic, according to Bimco data.

The shipping industry is continuing its trend of decoupling emissions growth from the global growth of seaborne trade, according to IMO’s fourth Greenhouse Gas Study.

Star Bulk Carriers has penned commitments to sell and leaseback 16 vessels with four financial institutions in exchange for receiving $274.1m.

International Container Terminal Services, Inc. (ICSTSI) has announced a total throughput of 4.8m teu in the first six months of this year, down 5% year-on-year, across its 32 terminals spanning six continents.

China’s Bestway Marine & Energy Technology has announced that several bank accounts of its subsidiary had been frozen.