GENMA ships another three bridge-type grab ship unloaders to India.

Recently, three 1,500 t/h bridge-type grab ship unloaders built by GENMA for an Indian customer were successfully loaded and shipped from Runhe Wharf. This marks the second batch of shipments from the customer's total order of 14 units, following the delivery of the previous three machines, and the overall project is progressing in an orderly manner.

State Council Approves: 24 Ports Listed in Port Construction Projects

Recently, the State Council Information Office held a press conference, at which it was announced that, in order to further expand opening-up, enhance cooperation, and support Chinese modernization, the General Administration of Customs and the National Development and Reform Commission, with the approval of the State Council, have jointly issued the 15th Five-Year Plan for Port Modernization.

Jinhui Group Successfully Closes Two Sale-and-Leaseback Deals for Newbuildings in Quick Succession

On July 28 and 29, Jinhui Holdings Company Limited (Stock Code: 00137, Stock Name: Jinhui Group) issued two separate announcements regarding sale-and-leaseback transactions for a total of four Ultramax dry bulk carriers under construction, with ICBC Financial Leasing and Jiangsu Financial Leasing respectively. Through the “sale and bareboat charter back” model, the group aims to raise working capital and continue its fleet renewal and upgrade programme.

Sallaum Lines Officially Signs with CM Shipyard for 1+1 8,600‑CEU PCTCs

On July 27, car carrier operator Sallaum Lines officially announced that it had signed a shipbuilding contract with China Merchants Jinling Shipyard (Nanjing) (hereinafter referred to as “CM Shipyard”) for 1+1 8,600 CEU dual‑fuel PCTCs, with delivery scheduled for 2029.

Shipping Also Needs a 'National Team'? US Think Tank Recommends Government-Backed Domestic Liner Giants.

A recent report by the Washington-based antitrust research organization Open Markets Institute recommends that the United States consider establishing a publicly capitalized container shipping company to reduce its dependence on foreign-owned shipping enterprises.

The forced rerouting around Africa will cost an extra $5.4 million

According to the *Business Standard*, the Bangladesh Shipping Corporation-operated oil tanker "MT Ninemia" was recently forced to abandon the Red Sea–Mandeb Strait route due to persistently deteriorating security conditions in the region, and instead rerouted via the Cape of Good Hope in Africa. This has resulted in a significantly extended voyage and surged transportation costs. The vessel was carrying approximately 100,000 tonnes of Saudi Arabian crude oil, originally destined for Bangladesh's Chittagong Port for use by the Eastern Refinery.

Asia's richest man is reportedly set to buy the UK's largest port

According to multiple sources familiar with the matter cited by the *Financial Times* on July 29, Asia's richest man, Gautam Adani—chairman of India's Adani Group—is considering launching a takeover bid for Associated British Ports (ABP). If the deal goes through, it would mark the Indian industrialist's first direct investment in the UK and would be another blockbuster transaction in the global maritime infrastructure sector.