Iron ore futures rose on Monday, aided by expectations of restocking by steelmakers in top consumer China, although high portside inventories and concerns about demand going into next year limited the gains. The most-traded May iron ore contract on China’s Dalian...

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Shanghai Port became the first in the world to see the annual container throughput exceed 50 million 20-foot equivalent units (TEUs) on Sunday. The port has ranked first globally for 14 consecutive years in terms of annual container throughput. According to Yang...

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China has launched its first hydrogen-powered container ship, capable of carrying 64 standard containers, in Jiaxing, East China’s Zhejiang Province, marking a significant step in adopting green shipping solutions, China Media Group reported on Thursday. The vessel,...

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South Korea’s share of global new ship orders is expected to fall below 20% this year, the lowest since the industry’s downturn 2016, but its shipbuilders are projected to maintain a competitive edge in high-value vessels like LNG carriers. Experts predict that Korean...

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