Container shipping rates on intra-Asia trades have fallen to their lowest level in four years, according to the Container Freight Rate Insight which is updated weekly and published by global shipping consultancy Drewry.

Japanese freight carrier Kintetsu World Express Inc. is buying Singapore's APL Logistics for $1.2bn, paying a higher than anticipated price for an overseas deal at a time of slow domestic growth.

Liner service reliability fell to a record low in January as the effects of U.S. West Coast congestion and the phasing-in of new alliance services took their toll, according to the Carrier Performance Insight, published online every month by global shipping consultancy Drewry.

At current fuel sulfur levels, pollutant emissions from ships in part of the Arctic region could increase 150 to 600 percent by 2025, according to a report from the International Council of Clean Transportation.

The UK P&I Club has joined forces with leading marine cargo insurer Allianz Global Corporate & Specialty to publish practical guidance for ship owners and operators on how to carry heavy-lift and project cargo safely at sea.

China is planning to build a second Hong Kong city in Nansha, a district in southern China's Guangdong province.

The International Chamber of Shipping says that the shipping and bunker refining industries should recognize that the global 0.5-percent sulfur-in-fuel cap, currently set to go into effect in 2025, may be implemented worldwide by 2020.

The liner shipping company CMA CGM Group has acquired Germany-based OPDR.