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International trade
China’s Services Trade Grows 4.9% on the Back of Tourism and Innovation
China’s services sector continues to demonstrate strong growth momentum. According to data released by the Ministry of Commerce, the country’s total services trade increased by 4.9% year-on-year in the first four months of 2026,...
International trade
China’s Economy Maintains a Steady Course Toward Growth and Modernization
The Chinese economy continues to demonstrate its ability to adapt to a challenging external environment. Since the beginning of 2026, the country has maintained a positive recovery trajectory while simultaneously advancing industrial restructuring and...
International trade
COSCO Bets on LNG Market Growth with New LNG Carrier Order
COSCO Shipping Energy continues to expand its presence in the LNG shipping sector after placing an order for four new LNG carriers at China's Jiangnan Shipyard. The contract is valued at approximately $953 million.
The...
Business
Investors Value the Future of Maritime Analytics at $3.85 Billion
While shipping companies continue to invest billions of dollars in new vessels, investors are increasingly betting on a different asset: data. A clear example is the recent deal between maritime analytics platform Kpler and...
International trade
Aegean Shipping Strengthens Tanker Market Position with Newbuilding Order in China
Aegean Shipping Management is strengthening its presence in the global tanker market after placing an order for four new vessels at China's Hengli Heavy Industries shipyard. The contract includes the construction of two LR2/Aframax...
International trade
UAE Company Secures Record Fleet Construction Orderbook
UAE-based shipbuilding company Safeen Drydocks has received the largest order package in its history, with contracts valued at AED 1.3 billion. The new agreements cover the construction of 22 vessels and represent a major...
International trade
MTT Shipping Accelerates Fleet Renewal with New Chinese-Built Vessels
Malaysian container shipping company MTT Shipping is moving forward with its strategy to expand and modernize its fleet. The company has placed an order for the construction of two new container vessels, each with...
Transport and shipping
SID: Germany Launches a Truck Parking Availability System
The new service aims to address one of the most persistent challenges in European logistics — the chronic shortage of truck parking facilities. Limited parking capacity frequently causes delivery delays, complicates compliance with drivers’...