Hengli Heavy Industry surges to #1 in global shipbuilding rankings, capturing ~25% of newbuilds this yearChinese Dalian yard's resurrection in four years…
Greek shipowner Evalend drops newcastlemax option at Dajin Heavy, canceling $78M bulker orderMove signals softer demand for new bulk tonnage; option cancell…
Move signals softer demand for new bulk tonnage; option cancellation removes 211,000 dwt vessel from yard pipeline.
Hapag-Lloyd warns of London Gateway rail disruption
Hapag-Lloyd has announced that rail services to and from London Gateway are suspended following a train derailment in Barking, United Kingdo…
Swiss WorldCargo launches new Zurich-Bengaluru cargo service, five times weekly, entering southern India marketFirst-time service to southern India po…
First-time service to southern India positions Swiss for growth in high-demand Asia-Europe cargo corridor.
China Merchants' Nanjing Tanker to invest $28.7M in ten 4,000 dwt crude barges for Yangtze River operationsFleet renewal targets refineries along China's ke…
Fleet renewal targets refineries along China's key inland waterway; investment approved through wholly owned subsidiaries.
Splash Wrap: New networks, old faultlines
Two significant European consolidation deals this week illustrated the shipping industry's appetite for greater control over supply chains. …
San Pedro Bay identifies LNG and methanol as near-term priorities
The ports of Long Beach and Los Angeles have released a comprehensive Clean Marine Fuel Feasibility Assessment identifying the most promisin…
Oil majors count the cost of runaway tanker rates
Soaring tanker freight rates are taking an increasingly heavy toll on the world's oil majors, with the latest quarterly results revealing bi…
CVC completes majority stake acquisition in Spanish ship repair yard Cernaval at Port of CampamentoPE investor gains foothold in one of Europe's busiest m…
PE investor gains foothold in one of Europe's busiest maritime crossroads amid consolidation in repair sector.