Greater China
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Zhenhua Shipping changes business model
Shanghai: The general manager of ZPMC’s shipping line is interviewed by our sister site Maritime CEO today. Chen Bin, general…
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CSC Phoenix to let go of 1,848 staff
Shanghai: The financially troubled line CSC Phoenix announced plans to cut down the number of employees and adjust its management…
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Shenhua coal terminal project gets nod
Shanghai: The Guohua coal terminal project of Shenhua Group has been approved by the Ministry of Transport. The project, located…
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MacGregor secures Wuchang order
Shanghai: MacGregor, part of Cargotec, has secured an order from Wuchang Shipbuilding Industry for a 100-tonne SWL active heave-compensated subsea…
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Zhongchang Marine cuts bulker order
Shanghai: Zhongchang Marine announced today that the company has changed a shipbuilding contract it signed with Jiangsu Eastern Shipbuilding (JES)…
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CMES takes loan from parent
Shanghai: China Merchants Energy Shipping (CMES) announced that the company will take a one-year entrusted loan of RMB500m from parent…
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Rongsheng issues convertible bonds
Hong Kong: China’s largest private shipbuilder, Rongsheng Heavy Industry, has announced that the company has entered into subscription agreements for…
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Anji Automotive Logistics sets up in Shandong
Dalian: Anji Automotive Logistics has signed with Yantai Development Zone for the development of its Shandong headquarters project, which will…
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Maanshan port shares sold
Shanghai: Sinotrans&CSC China Changjiang National Shipping Group is to transfer its 10% equity of Maanshan Port for RMB60m. It is…
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China to formulate cruise guidelines
Beijing: Our new sister site Asia Cruise News reports today that China will start the compilation of a new guidance…
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CSC Phoenix restructuring plan approved
Shanghai: Following the failure to pass its initial restructure plan, CSC Phoenix announced today that the second round of voting…
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SDTR orders ten bulkers at Jinling
Shanghai: SDTR Marine, the joint venture between Shandong Shipping and Singaporean owner Transcenden Global, have placed orders for six 82,000…
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Pacific Basin expands fleet
Hong Kong: Pacific Basin has announced that the company has acquired a newbuild handysize vessel at a cost of US$23.9m…
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Nanjing Tanker offloads more ships
Shanghai: Nanjing Tanker, the oil shipping arm of Sinotrans & CSC, is to scrap three tankers even though they…
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Iron ore stockpiles at record high
Shanghai: China’s iron ore stockpiles at major ports hit an all-time high on Friday. Reuters reported there was 100.9m…
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Titan claims MoU signed with Singaporean rig-builder
Hong Kong: An unnamed Singaporean shipyard has been linked with coming to the rescue of financially troubled Titan Petrochemicals.…
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Dissolved Cosco Lianyungang Shipyard auctions Cypriot ship
Shanghai: Dissolved Cosco Lianyungang Shipyard has successfully auctioned a vessel detained by the company through Shanghai Maritime Court for RMB28.6m.…
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Sinopacific wins offshore module contract
Shanghai: Sinopacific Offshore has signed with Hyundai Heavy Industries (HHI) for the construction of floating production unit (FPU) modules for…
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HK firm launches onboard social media portal
Hong Kong: Hong Kong’s SMSGlobal, a provider of personal communications, has announced the launch of Se@MeNow, a maritime social networking…
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AVIC Weihai wins bulker pair
Dalian: Chinese maritime and offshore service provider, AVIC Maritime International Holding, has won an order to build two bulk carriers…
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