Greater China
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Diana Shipping heads to China for kamsarmax
Shanghai: Greece’s Diana Shipping has signed a shipbuilding contract with Yangzhou Dayang Shipbuilding and Shanghai Sinopacific International Trade for…
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Chinese bulkers detained at Indonesian ports
Dalian: More than 20 Chinese bulk carriers are currently being detained at Indonesian ports as the shipping companies couldn’t get…
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Jiangnan Heavy Industry changes name
Shanghai: China State Shipbuilding Corporation (CSSC) has announced that the board has decided to change the name of its subsidiary…
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TMT asks for mediation delay
Taipei: The financially troubled Taiwanese owner, TMT, has asked to delay a scheduled mediation date till February saying it needs…
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Tianan enters Shanghai shipping insurance scene
Shanghai: Another Chinese insurance company, Tianan Insurance, has became the seventh qualified insurance company to provide shipping finance services in…
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COSL taps HK exchange for $750m funds
Hong Kong: Fast expanding China Oilfield Services Ltd (COSL) is tapping the Hong Kong Stock Exchange to help fund its…
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Bourbon offloading fleet
Shanghai: One of the largest investors in Chinese shipbuilding has revealed a significant amount of wheeling and dealing. Bourbon, the…
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BOCOM Finance Leasing completes first ship charter deal in FTZ
Shanghai: Bank of Communications (BOCOM) Finance Leasing has signed shipbuilding contract with China Shipping Industry for the construction of three…
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SIPG to offer RMB16.7bn of loans to subsidiaries
Shanghai: Shanghai International Port Group (SIPG) has announced that the board has approved to offer a total of RMB16.7bn entrusted…
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Banga’s Caravel iron ore ops trade 1.5m tons in first month
Hong Kong: Caravel Group, the new Hong Kong headquartered trading and shipping company founded by former Noble high flier, Harry…
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Wang’s Nicaragua Canal plans on hold
Beijing: Plans by Beijing telecoms tycoon Wang Jing to get underway building the Nicaragua Canal are on hold until at…
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Shanghai clashes with Singapore for leading IMC status
Singapore: Shanghai is set to compete with Singapore for primacy on the world maritime stage in the coming years, according…
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CSCL completes two subsidiary sales
Shanghai: China Shipping Container Lines (CSCL) announced yesterday that it has signed with China Shipping Logistics and China Shipping Investment…
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Chengxi Shipyard leases extra dock
Shanghai: Chengxi Shipyard has announced that it has entered into a lease agreement with Huatai Heavy Industry to lease a…
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Tianjin adds two new cruise berths
Beijing: Tianjin port, is to build two new berths for its cruise home port project, which combines cargo and passenger…
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Waigaoqiao and Hudong-Zhonghua inks Scorpio bulkers
Shanghai: Scorpio Bulkers has chosen CSSC-affiliated Shanghai Waigaoqiao Shipbuilding and Hudong-Zhonghua Shipbuilding to build a total of nine bulkers, as…
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China to build advanced icebreaker
Beijing: With the vessel Xu Long caught by Antarctic ice during its recent rescue mission, China has decided to build…
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Ultramaxes for Sinotrans
Hong Kong: Sinotrans Shipping is spending $103.2m on four 64,000 dwt bulkers to be built at CSC Jinling Shipyard. The…
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Unipec tops tanker chartering charts
New York: Unipec remained the world’s top dirty spot charterer in 2013, according to Poten & Partners. Unipec outpaced its…
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Dalian Port to become the largest shareholder of Jinzhou Port
Dalian: Dalian Port Limited announced that its controlling shareholder Dalian Port Group has signed an agreement with another shareholder of…
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