Europe's "Frenzied Rush" for Chinese Air Conditioners: What Does It Mean for Container Shipping?

During the summer of 2026, a combination of El Niño and global warming has brought extreme temperatures exceeding 40°C to multiple European cities, driving increasingly urgent demand for cooling equipment across the continent.

Yang Ming's $1.2 Billion Order Flows Once More to South Korea; Mainland Chinese Shipbuilding Record Remains at Zero

Yang Ming Marine Transport has recently placed an order valued at up to $1.2 billion with South Korea's Hanwha Ocean for the construction of six LNG dual-fuel neo-Panamax containerships.

Captain Files Official Complaint Against Port Officials Over Alleged $5,000 Bribe for Clearance

​The Merchant Shipping Secretariat of Sri Lanka has launched an internal investigation into an alleged bribery solicitation incident.

Haitong Development Delivers Stellar First-Half Results with Net Profit Surging 502%

​Haitong Development released its 2026 semi-annual report on July 20.

COSCO SHIPPING Piraeus and National Technical University of Athens Sign Cooperation Agreement

​COSCO SHIPPING (Piraeus) Port and the National Technical University of Athens signed a Memorandum of Understanding on cooperation at the port on the 16th, formally establishing a collaborative partnership.

This Ship Sold for Just $1?

The Irish Revenue Commissioners have recently reported that the cargo vessel Matthew, seized in connection with international drug trafficking, has been transferred for a symbolic consideration of US$1 to an international shipping company after a prolonged period under detention.

Hapag-Lloyd Sues NYK and Two Other Companies, Seeking $2.2 Million in Damages

Hapag-Lloyd Sues NYK and Two Other Companies, Seeking $2.2 Million in Damages