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Taiwan ups mainland tourism drive, expected boom in cruise visits
Xiamen: Taiwan is increasing its tourism promotion across the mainland. The latest example of this came at the weekend, on…
Read More »Yang Ming earmarks $560m for big ships
Keelung: Yang Ming Marine Transport, Taiwan’s second largest containerline by fleet size, is considering ordering new container vessels to expand…
Read More »Huarui signs RMB600m contract with Vale
Dalian: Dalian-based Huarui Heavy Industry Group signed a contract worth RMB600m with the world’s largest iron ore supplier Vale. The…
Read More »Strong oil import growth forecast through 2016: Poten
New York: China’s rampant oil imports are the subject of the latest weekly report from brokers Poten & Partners. The…
Read More »Hong Kong’s offshore yuan credentials boosted
Hong Kong: Hong Kong banks will be able to make better use of their yuan assets according to the Hong…
Read More »U-Ming bets on bulk rebound
Taipei: Douglas Hsu, chairman of the Far Eastern Group, said subsidiary U-Ming Marine Transport Corp, will get more new ships…
Read More »Sime Darby will spend more on Shandong port
Kuala Lumpur: Malaysian firm Sime Darby has committed to invest $439.08m over the next three years to grow its port…
Read More »APM Terminals signs up with Ningbo
Copenhagen: Leaders from the Ningbo Port Group and APM Terminals were on hand Friday to sign a major agreement that…
Read More »Tianjin the location for China`s official cruise event
Beijing: The seventh China cruise industry development conference, which is the annual official cruise industry event held by China Communication…
Read More »Noble and K Line tie the knot
Hong Kong: Noble Chartering, the dry bulk chartering arm of Hong Kong commodity trader Noble Group, and Japan’s Kawasaki Kisen…
Read More »APM Terminals readies another big Chinese investment
Copenhagen: APM Terminals, the ports arm of Danish shipping giant A.P. Moller-Maersk will sign a more than 3bn Danish crowns…
Read More »CCCC building coal terminal in southern Vietnam
Beijing: China Communications Construction Company has signed a deal with the Vietnam Electricity Group EVN to build a $180.9m port…
Read More »Another Courage Marine ship scrapped
Hong Kong: Courage Marine, the listed vehicle of the Hsu family, has sold a 1984-built bulk carrier for $4.34m for…
Read More »Yangzijiang boss donates $750m to foundation for senior citizens
Singapore: The founding chairman of Yangzijiang Shipbuilding, Ren Yuanlin, has donated US$750m worth of his stocks in the group to…
Read More »Voyager of the Seas heading to Taiwan
Taipei: Royal Caribbean will send its Voyager of the Seas, a 140,000 gt liner which can accommodate 3,800 passengers and…
Read More »CSSC to issue RMB6bn worth of bonds
Shanghai: China State Shipbuilding Corp plans to issue RMB6bn worth of medium term notes with a maturity of ten years…
Read More »Wisdom Marine fleet to hit 83
Taipei: Taiwan-based Wisdom Marine currently owns a fleet of 77 ships. The company expects another six to join the fleet…
Read More »Giant oil storage plant slated for Tianjin
Beijing: Tianjin will build a 200,000 cu m oil storage plant by 2015, taking the number of such large-scale plants…
Read More »Banks seize Dongfang tankers
Singapore: Credit Suisse and a group of Chinese banks have seized seven Dongfang Shipbuilding tankers due to outstanding debts of…
Read More »Green maritime aspirations
Beijing: Li Shenglin, Minister of China’s Ministry of Transport, recently has emphasized that China must accelerate the establishment of a…
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