Hong Kong
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Greater China
Hong Kong’s River Trade Terminal could be redeveloped into housing
Hong Kong – home to the most expensive property on Earth – is looking at turning a failed container terminal…
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Asia
Noble posts largest annual loss recorded on the Singapore Exchange
Noble Group chalked up an unfortunate record yesterday, posting the largest annual net loss of any Singapore-listed company ever. Once…
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Americas
OOCL keeps GSL post-panamax boxship for another year at lower rate
Global Ship Lease has reached an agreement with Hong Kong line OOCL to extend the charter of 8,063 containership .…
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Greater China
Taylor Maritime continues fleet buildup
Seemingly any handysize that comes on the market these days is immediately linked with Hong Kong’s Taylor Maritime, the three-year…
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Greater China
Noble secures lifeline despite impending $5bn loss
Embattled Hong Kong commodities house Noble Group has reached a deal with senior creditors and ING as fronting bank for…
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Maritime CEO
Gold Star Line: More sophisticated vessels needed on intra-Asia trades
Hong Kong-based Gold Star Line turns 60 this year and has its eyes set on more sophisticated vessels. In his…
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Greater China
Sabrina Chao taps Pareto’s David Palmer as new Wah Kwong CEO
Sabrina Chao has finally found a replacement CEO 18 months after Tim Huxley quit the post at Wah Kwong, one…
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Greater China
Noble kamsarmax quartet sale falls through
Hong Kong commodity trader Noble Group says the sale of four kamsarmax bulk carriers announced last November has fallen through.…
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Greater China
Noble Group denies it is enriching management at expense of shareholders
The board of directors of embattled Noble Group has responded to criticism from shareholder Goldilocks Investment Company which has suggested…
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Greater China
Vitol picks up Noble’s oil division on the cheap
Commodities firm Noble Group has suffered another hit to its finances, failing to make as much money from the sale…
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Contributions
Pacific Basin valuation approaches need a rethink
During the peak of China-induced global peak in commodities boom around 2008 I spoke at a shipping conference in New…
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Greater China
Hong Kong owners rush for more Japanese hulls
This week broker reports have been filled with Japanese built handies going to unidentified Hong Kong owners, and only one…
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Greater China
Caravel’s Banga on the consequences of Beijing’s heavy industry crackdown: Splash TV
China’s crackdown on polluting heavy industries this winter needs to be watched by dry bulk owners in the coming months,…
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Greater China
The case against bulker newbuilds: Splash TV
Watch some of Hong Kong’s top dry bulk owners make the case against newbuilds in the latest episode of Splash…
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Containers
Splash TV: In conversation with Dr Martin Stopford
Hear what the world’s most famous shipping analyst thinks about the three main shipping markets in the latest installment of…
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Greater China
Iceberg Research urges for management clear-out at Noble Group
In an open letter to Noble Group’s creditors, Iceberg Research has called for a clear out of top management to…
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Greater China
Bulker newbuild investments do not make sense: Maritime CEO Forum
There is no business case for newbuilds in dry bulk, a high level panel at last week’s Maritime CEO Forum…
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Greater China
Noble confirms sale of kamsarmax quartet
Hong Kong commodity trader Noble Group is selling four kamsarmax bulk carrier vessels as part of its debt reduction efforts.…
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Greater China
Michael Grey slams ‘beancounters’ and authorities for permitting reduced numbers of crew onboard
Michael Grey, the world’s most famous shipping journalist, has lashed out at the minimal number of seafarers onboard ships today.…
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Greater China
2020 fuel regulations weigh heavily on the minds of liner executives
The liner shipping industry is finally seeing recovery signs with pickup in demand, following a series of consolidations in the…
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