Cosco Shipping Captive Insurance has become the first Asian marine hull insurer to sign up to the Poseidon Principles on climate.
Maritime transportation specialist Dubai Financial Market-listed Gulf Navigation has secured a five-year refinancing package for five petrochemical tankers from a Chinese lender.
Eastern Pacific Shipping (EPS) has ordered four LNG-powered containerships for long term charter to US owner and operator Crowley.
ontainer spot rates have continued to plunge over the last week with the Shanghai Containerized Freight Index (SCFI) losing another 9.74%.