Greater China
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China’s latest terminal regulations keep valemaxes at bay
Beijing: The Ministry of Transport has published its latest regulations on coastal terminal berthing capacity, which will come into effect…
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GSI shareholding changes in wake of Longxue takeover
Guangzhou: Guangzhou Shipyard International (GSI) has announced that the company has raised a $364m from a share subscription to the…
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China tightens tax policy on imported ships
Beijing: The Ministry of Finance has issued a notice to the General Administration of Customs yesterday to make clear that…
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Two ships collide off Macau
Guangzhou: Early yesterday morning, two Chinese cargo ships collided off the Pearl river delta. One ship sank and up to…
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Bohai Ferry to buy Costa Voyager
Hong Kong: Following the establishment of a Hong Kong subsidiary dedicated to cruise business, Bohai Ferry announced that the subsidiary…
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Jinjiang Shipping sets up jv with Sumitomo
Shanghai: Shanghai-based Jinjiang Shipping has set up an international logistics jv with Japanese company Sumitomo Warehouse. The new company, Shanghai…
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Dayang Shipbuilding leases dock from Jiangsu Haitong
Shanghai: Dayang Shipbuilding, a division of Sinopacific Shipbuilding has signed an agreement with Jiangsu Haitong Offshore Engineering to lease a…
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Cosco to demolish boxship involved in Singapore collision
Singapore: Cosco is to demolish container vessel Fei He, which was involved in a collision off Singapore at the end…
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Keelung to invest billions in port expansion
Taipei: The port of Keelung is planning to invest NTD10bn in port expansion. The West 22 and 23 terminals will…
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Jiangsu New Yangzi builds offshore reputation
Shanghai: State run newswire Xinhua has reported that Jiangsu New Yangzi, a yard under Yanzgzijiang Shipbuilding, has signed a newbuilding…
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HK ruling forces CMA CGM to shell out $2.3m compensation
Hong Kong: Captain Igal Dafni, a well known name in Hong Kong shipping circles, has been awarded a big windfall…
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Wikborg Rein: Alternative finance sources
Oslo: Chinese ship finance is set to become ever more prominent as the hole in capital for the industry looks…
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Costa could sue protesting passengers
Hong Kong: The ongoing spat between passengers onboard who travelled with Costa Cruises last week to Vietnam and the travel…
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Hainan to integrate two ports
Guangzhou: Hainan Harbor & Shipping Holdings, the operator of Haikou Port, and Yangpu Holding, the operator of Yangpu Port have…
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Three missing after Chengxi Shipyard accident
Guangzhou: A tugboat at CSSC Chengxi Ship Voyage Repair Co (Guangzhou) capsized and sank, with 8 of 11 crew members…
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China filling finance gap
Oslo: China is going to become ever more important in international ship finance, a top lawyer has told our sister…
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Zhenhua transfers forge company asset
Shanghai: Shanghai Zhenhua Heavy Industry has decided to transfer its shares in Nantong Zhenhua Hongsheng Heavy Forge Company. The Nantong-based…
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Rizhao Port to expand port area
Dalian: Rizhao Port announced that it plans to invest RMB380m to further develop its Shijiu port area in order to…
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Bohai Ferry sets up in Hong Kong
Dalian: Bohai Ferry is setting up a subsidiary in Hong Kong, with the company planning to invest HK$70m to set up…
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Costa Victoria finally leaves HK, passengers continue to demand compensation
Hong Kong: The Costa Victoria finally set sail for Hainan and Vietnam at 11.30pm after a bitter 17-hour standoff as…
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