Hong Kong
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Greater China
Pacific Basin adds four bulkers in deals worth $88.5m
Hong Kong owner Pacific Basin continues to grow it fleet with the acquisition of four bulkers, two supramaxes and two…
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Greater China
Pacific Basin snaps up Nova Marine Carriers handysize
Having spent the first four month of the year buying vessels, Lugano-based Nova Marine Carriers has turned seller by offloading…
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Greater China
Singapore court blocks Noble AGM due to Goldilocks lawsuit
The Singapore High Court has blocked an AGM meeting scheduled by commodity trader Noble Group for Monday, Reuters reports. Abu…
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Greater China
Lawsuits pile up against embattled Noble Group
Goldilocks Investment Company, the third largest shareholder in embattled commodities trader Noble Group, has launched two more lawsuits against the…
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Greater China
OOCL teams with Microsoft to develop AI shipping solutions
Microsoft Research Asia (MSRA) and Hong Kong’s Orient Overseas Container Line Limited (OOCL) have joined forces to look at how…
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Greater China
Key Noble shareholder attacks top management
One of the largest shareholders in Noble Group has renewed its attack on the embattled commodities trader. Abu Dhabi-based investment…
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Greater China
Elman returns at New Noble
Richard Elman is back in the boardroom, just over three weeks after he had stepped down at embattled commodities trader…
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Greater China
Creditors approve Noble restructuring
Hong Kong’s Noble Group revealed yesterday that more than 75% of creditors holding the majority of its senior debt have…
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Maritime CEO
Swivel Software: All-encompassing view of cargo movement
Swivel Software, a Hong Kong-based e-solution provider to the logistics industry, has geared up to take on the tidal wave…
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Greater China
Cosco’s takeover of OOCL faces American hurdle
Investors in Hong Kong’s Orient Overseas (International) Limited (OOIL), the parent of containerline OOCL, are beginning to get jittery that…
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Greater China
Cosco anticipates June conclusion for OOCL takeover
Cosco anticipates sealing the $6.3bn takeover of Hong Kong’s Orient Overseas Container Line (OOCL) by the end of June. Cosco’s…
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Greater China
Noble Group sells kamsarmax to Transmed Shipping
Hong Kong commodity trader Noble Group has entered into an agreement with Greece’s Transmed Shipping to sell 2015-built kamsarmax bulker . The 81,502…
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Greater China
Richard Elman relinquishes his role at under fire Noble Group
One of the most famous names in the Asian commodities scene has finally stepped down. Richard Elman, the founder of…
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Greater China
Li Ka-shing, port revolutionary, announces his retirement
Li Ka-shing, Hong Kong’s richest man, announced Friday he is retiring. Aged 89, Li will stay on as a advisor,…
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Greater China
New Noble hints at UK move as part of restructuring
Embattled Hong Kong commodities trader Noble Group has managed to sign a binding restructuring support agreement (RSA). The proposed restructuring,…
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Maritime CEO
Wah Kwong: CMA Commodore in waiting
Tonight Sabrina Chao, the chairman of Hong Kong shipowner Wah Kwong, will don a black naval hat – purchased nearly…
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Greater China
Shandong Shipping forms jv with Fleet Management
Chinese state-run shipping company Shandong Shipping has announced a plan to set up a 50/50 joint venture with Hong Kong-based…
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Greater China
Positive if somewhat cautious: CC Tung’s final verdict on the box trades
In what is likely to be his final annual report comments as chairman of Hong Kong’s Orient Overseas Container Line…
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Greater China
Noble Group sells kamsarmax
Financially troubled commodity trader Noble Group has announced that it has entered into a memorandum of agreement with Bianca Corporation…
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Greater China
Apeejay Shipping picks up KC Maritime panamax
India’s Apeejay Shipping continues its buying spree of panamax bulkers over the age of ten years with the acquisition of KC Maritime’s Tsuneishi-built panamax…
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