Chinese heavy equipment manufacturer Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) signed the contract for two shipbuilding factory gantries with Karachi Ship Building and Engineering Construction Plant of Pakistan.

Rizhao port in Qingdao province has launched four new berths for crude oil, iron ore and bulk cargo operation.

China Machinery Engineering Corporation (CMEC) inked a EUR120m ($135.5m) Bulgaria port project construction contract with Logistic Center Varna EAD to jointly develop port infrastructure in the port of Varna.

The dry bulk capesize market could be headed for rougher seas on the back of diminishing growth in demand volumes and the still growing capesize fleet, according to Bimco.

China’s Shanghai port has recorded a 12.4% increase in container handling volumes in March compared to the year-ago period, according to Shanghai International Port Group (SIPG).

Chinese shipyard Zhoushan IMC-Yongyue Shipyard and Engineering is moving into the Brazilian ship repair market.

China's Belt and Road Initiative (BRI) is anticipated to create demand growth for shipping and Singapore is keen to continue playing an important role in the ambitious development strategy, according to Singapore’s minister for trade and industry...

Cosco Shipping Ports (CSP) has signed an investment agreement with Guangzhou Nansha Economic and Technology Development Zone Commercial Bureau to develop a port supply chain platform and warehousing business.

APL is launching a new service between central China and the US East Coast, as well as adding Haiphong, Vietnam to another transpacific service.

The lack of fresh cargoes across Australia and Brazil has kept Capesize rates low and fundamentals weak.