Singapore-headquartered company recently pulled out of a greenfield terminal project at Jawaharlal Nehru, India

The move highlights the deepening ties between Chinese leasing companies and domestic shipowners amid ongoing geopolitical and market pressures

Transpacific spot freight rates have retreated from recent highs as an influx of capacity — including aggressive rate-cutting by returning and smaller carriers — pushes prices below $5,000 per feu, with competition intensifying amid signs of faltering cargo demand

Through new initiatives such as the ‘RISING’ framework and calls for greater collaboration, China is seeking a stronger voice in shaping global maritime rules and advancing decarbonisation efforts

A 50% discount on yard usage fees aims to ease congestion and attract US-bound container traffic

ClassNK’s Suga says the IMO’s draft net zero framework has pointed to a clearer direction toward decarbonising shipping by 2050, but success will depend on overcoming regulatory uncertainties, adopting a mix of alternative fuels

MOL’s cautious stance on shipyard selection highlights how escalating US-China power struggle and geopolitical tensions are increasingly disrupting strategic decisions in the global shipping industry

As US port fees disrupt Chinese shipyards, Japan could see a strategic opening to revive its shipbuilding industry, but capacity constraints are limiting upside

MOL reaffirms its decarbonisation strategy amid slowing global green transition efforts, highlighting the need for stronger policy support and fuel availability

Livanos-linked operating joint venture forges new co-operation with long-established operator of container services and tramp shipping business

MOL’s investment advances the Japanese shipping group’s strategy to expand involvement across offshore wind power value chains

With US backing, Hanwha expects approval from the Australian government to increase its current equity stake in Austal from 9.9% to 19.9%

Latest order adds to 40 neo-panamax boxships ordered by Japan-backed liner operator between May 2022 and July 2024

Two shipowners ordered coated aframax tankers in the past week, while South Korea-based Pan Ocean contracted two VLCCs in South Korea

Despite market share gains, overall new ship orders remain 45% down year on year, raising uncertainty whether South Korean yards can meet annual targets

To expand its fleet of bulk carriers, the South Korean shipping company purchased nine secondhand dry bulkers after the first quarter of 2024

Exercising two options takes Greek owner’s recent boxship spree to 20 ships

With US backing, Hanwha expects approval from the Australian government to increase its current equity stake in Austal from 9.9% to 19.9%

Response by local authorities to incident in July 2022 comes in for particular criticism from ATSB

Chinese involvement in the project suggests the country will import significant volumes from Guinea next year, which could increase tonne-mile demand for capesizes

The Indian port and logistics giant will issue shares to the seller instead of paying cash for the key export terminal

A fall in demand for steel has been tipped to hit iron ore imports for some time, but the worst could be still to come

When delivered, the bulker will deliver iron ore from Pilbara, Australia to Chinese ports as Fortescue looks to eliminate scope 3 emissions in its iron ore production by 2040