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

Hunger Strike Erupts in Chittagong to Oppose Terminal Privatisation

​The Chittagong Port Protection Committee staged a five-hour symbolic hunger strike at the Chittagong Press Club on the 18th, demanding that the Government of Bangladesh immediately halt lease negotiations concerning the New Mooring Container Terminal and the Chittagong Container Terminal.