The new owner of bankrupt STX Dalian, Hengli, is refitting the old STX plants after it took over yard assets month earlier.
The e-commerce giant has some of its biggest distribution centers in the works while it pauses some projects and reconsiders its aggressive expansion
Maritime transportation specialist Dubai Financial Market-listed Gulf Navigation has secured a five-year refinancing package for five petrochemical tankers from a Chinese lender.
The seaborne trade in coal looks set to be supported by an export ban for multiple Indonesian producers and an EU ban on Russian coal imports.