According to a Jan. 13 report from Reuters, shares of Chinese shipbuilding firm Yangzijiang may be in focus after it said on Wednesday it clinched 15 shipbuilding contracts worth a total of $415.3m in the last four months of 2010.
China's state-backed shipbuilding giants said they have not received any merger-related information from authorities, after an executive swap between the firms sparked a market rally in their shares.
Russia has for the first time put forward a candidate to compete for the post of IMO Secretary General
The Russian Federation has nominated Vitaly Klyuev, Russia’s
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 5.5 percent to $586 per 20-foot container (TEU) in the week ended on Friday,