Greater China
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CSIC to build offshore centre in Qingdao
Dalian: China Shipbuilding Industry Corporation (CSIC) is to build a significant offshore facility in Qingdao. The shipyard group has signed…
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Seven missing as typhoon passes by
Guangzhou: Seven Chinese crewmembers were missing after their cargo ship sank during Typhoon Haiyan in the South China Sea. The…
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Wei Jiafu linked in Cosco corruption scandal
Beijing: The corruption scandal engulfing China’s largest maritime conglomerate could spread all the way to the top. Wei Jiafu, the…
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CSC Phoenix receives two more court verdicts
Shanghai: CSC Pheonix, the loss-making subsidiary of Sinotrans & CSC, announced today that it has received two more civil rulings…
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CSA vents anger at Shandong Shipping for signing with Vale
Shanghai: Last week Brazilian miner Vale signed a contract with Shandong Shipping which should pave the way for the Brazilian…
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Sainty Marine to terminate disputed contracts
Shanghai: Jiangsu Sainty Marine, in an ongoing shipbuilding dispute with Sasa Shipping and Adriana Shipping, has announced yesterday that it…
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Guanghui Energy sets up LNG jv with Shell
Shanghai: China's Guanghui Energy announced yesterday that the company has entered into a framework agreement with Shell to establish a…
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Qinhuangdao port HK listing gets approval
Dalian: The leading Chinese coal port operator, Qinhuangdao port, has been approved by the Hong Kong stock exchange to raise…
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Cruiseship construction in Xiamen
Shanghai: Chongqing Century Cruise has inked a contract with Xiamen Shipbuilding Industry to jointly construct an ocean-going luxury cruise ship.…
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Jade Shipmanagement folds
Hong Kong: Some 10 months after it was established Hong Kong’s newest shipmanager Jade Shipmanagement is no longer. Sources in…
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TT Club warns on the human factor
Hong Kong: Freight transport insurance specialist TT Club has pinpointed an array of operational circumstances that more commonly cause dangerous…
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Prosafe heads to Cosco Qidong for semi-submersibles
Singapore: Cosco has announced that COSCO (Qidong) Offshore has secured an LOI from a subsidiary of Prosafe for the construction…
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China’s first floating LNG terminal ready
Dalian: China’s first floating LNG import terminal is expected to commence operation and receive its first deliveries next month. …
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COSCO turns to emerging markets
Ningbo: China’s largest shipping company, COSCO, will enhance its financial and resource support to shipping routes to emerging markets, such…
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Ma Zehua: Cosco to lead shipowner cooperation efforts
Ningbo: Ma Zehua, chairman of Cosco Group, has called for the strengthening of co-operation between shipowners. “Currently the whole shipping…
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Crisis an opportunity for new investors: McKinsey & Company
Ningbo: The current state of the market has become an opportunity for new investors, especially Asian investors, Steve Saxon of…
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DryShips looks to axe Rongsheng bulker quartet
Shanghai: The troubles continue to mount at China’s largest private yard, Rongsheng, with George Economou’s DryShips saying in its latest…
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Vice president of Cosco Group under investigation
Beijing: Xu Minjie, vice president of Cosco Group, has been taken away by authorities for corruption investigations. Xu joined Cosco…
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Depression in steel industry will stimulate shipbuilding industry
Ningbo: The depression in the steel industry still continues, Wang Yingsheng, Director of Market Research Department of the China Iron…
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FTZ to bring new opportunities for intermodal industry
Ningbo: Dr Yu Shicheng, Chief Secretary of Shanghai Maritime University, speaking at the Cosco-organised World Shipping Summit in Ningbo, discussed…
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