Yangzijiang Shipbuilding’s executive chairman Ren Yuanlin has taken a leave of absence to assist Chinese authorities in a “confidential investigation”, the company stated.

Spatial big data company GeoSpock will partner with Singapore Exchange (SGX) to build an advanced global maritime spatial database with the Baltic Exchange to bring insights to global maritime air emissions.

Veteran shipbroker Denis Petropoulos has been elected as the new chairman of the Baltic Exchange Council.

Containership owner Seaspan Corp is moving ahead with an investment plan that could see it rescuing bankrupt Singapore offshore player Swiber Holdings.

JES International has failed in a bid to sell its shipyard business, while its former ceo has been jailed for 12 and half years.

The Baltic Exchange is dropping handysizes from its key dry bulk market index the BDI.

The Baltic Exchange has formed an LNG Panelists Group as it looks to develop an LNG shipping index.