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Zhonggu Logistics acquiring Tianjin port assets

Jan 11, 2022

China’s logistics service provider, Zhonggu Logistics, is planning to purchase a stake in and increase capital investment into Tianjin port.

Damen acquires container marine battery provider Skoonbox

Jan 11, 2022

Damen Shipyards Group has taken over the Skoonbox provider of a containerised battery solution in place of diesel generators.

Ports of LA/LB delay container dwell fee for ninth week

Jan 11, 2022

The Ports of Los Angeles and Long Beach (LA/LB) have held off introducing a container dwell fee for the ninth week running.

California plans $2.3bn investment in ports and supply chain

Jan 11, 2022

The State of California is proposing to invest $2.3bn in ports, supply chain infrastructure, decarbonisation and related training.

ONE vessel Madrid Bridge suffers container stack collapse

Jan 11, 2022

Ocean Network Express (ONE) vessel Madrid Bridge suffered a container collapse in the Atlantic on 7 January.

Shipbuilder MV Werften files for bankruptcy

Jan 11, 2022

German cruise shipbuilder, MV Werften, filed for bankruptcy at noon local time yesterday afternoon.

Yara Marine searching for green startups

Jan 10, 2022

Yara Marine is inviting technology startups to apply for the second round of its Yara Marine X startup accelerator programme.

2021 was another bad year for tankers

Jan 10, 2022

An expected recovery in tanker rates never came in 2021, a year marked by continued oversupply and tepid demand, according to Poten and Partners.

Shipping 2021 - More cash, more S&P, and more contracts

Jan 10, 2022

Clarkson’s cross-sector ClarkSea Index hit a 13-year high in 2021, climbing to $28,700 a day, more than twice the $13,697 ten-year average, the shipbroker has revealed.

Hudong Zhonghua inks $1.18bn LNG carrier order

Jan 10, 2022

CSSC Hudong Zhonghua Shipbuilding won a record order for the construction of six 174,000 cu m LNG carriers from Japan’s Mitsui OSK Lines (MOL).

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