-
Greater China
Turkey surpasses China in ship recycling
Shanghai: The latest report from shipbreaking analysts GMS shows that China’s continued inability to pay top dollar has seen Turkey…
Read More » -
Greater China
Three Dongfang ships to be auctioned
Shanghai: Ningbo Maritime Court has announced that it will put three tankers “New Achiver”, “New Prosperity” and “New Mighty” from…
Read More » -
Asia
KS Energy enters Indonesian drilling venture
Singapore: KS Energy has announced that its 80% owned subsidiary, KS Drilling has incorporated a company, PT. KS Drilling Indonesia…
Read More » -
Asia
FSL Trust provides update on Torm charters
Singapore: FSL Trust Management has provided details of a restructuring agreement with its banks and tonnage providers that will…
Read More » -
Asia
BLT aims to get debt restructuring fixed by year-end
Jakarta: Berlian Laju Tanker (BLT), Indonesia’s largest shipowner, said yesterday it will aim to restructure its $1.9bn debt by…
Read More » -
Asia
Tanjung Priok workers voice their anger
Jakarta: Demonstrations by port workers outside the gates of Tanjung Priok yesterday saw throughput at Indonesia’s largest port nosedive by…
Read More » -
Asia
Wintermar gets financing boost
Jakarta: IFC, a member of the World Bank Group, has agreed to invest $10m in PT Wintermar Offshore Marine Tbk,…
Read More » -
Greater China
Skills shortage in China
Xiamen: Although the shipping market for both global and China is not good this year, the demands for shipping related…
Read More » -
Greater China
Cruise and containers are Xiamen’s focus
Xiamen: The fast developing southeast China port, Xiamen, has vowed to strongly develop container and cruise business in the coming…
Read More » -
Greater China
Ningbo Shipping Exchange up and running
Shanghai: Ningbo Shipping Exchange officially started operation on Tuesday. It was registered in 2011 and invested by Ningbo government, Ningbo…
Read More » -
Greater China
Chinese demand for iron ore cut in half
Canberra: China’s demand for iron ore has slowed by more than 50% and could drop further, a BHP Billiton executive…
Read More » -
Greater China
JES International wins rare bulker order
Singapore: Singapore-listed Chinese yard JES International Holdings has won a contract with an unspecified German customer to build a 94,000dwt…
Read More » -
Asia
Ideocean targets Middle East
Dubai: Singapore headquartered Ideocean Group has announced a strategic alliance with Dubai-based Aethon Marine Services. The businesses will jointly…
Read More » -
Asia
Chartering giants take the green initiative
London: Cargill, the world’s largest charterer of bulk carriers, Huntsman Corporation, a chemicals giant and Unipec UK, a division…
Read More » -
Asia
Kuok completes yards buyout
Singapore: Malaysian tycoon Robert Kuok completed his majority buyout yesterday of the southeast Asian yards belonging to beleaguered Drydocks…
Read More » -
Asia
Cable layer for STX OSV
Singapore: Singapore-listed STX OSV Holdings Limited has announced it has secured a contract for the design and construction of…
Read More » -
Asia
Cruise business picking up in Myanmar
Singapore: Orient-Express Hotels will launch a new 50-passenger river vessel on Myanmar's Irrawaddy River in July 2013, as the appetite…
Read More » -
Greater China
Rongsheng bags breakthrough rig orders
Singapore: Beleaguered shipyard Jiangsu Rongsheng Heavy Industries has made a big breakthrough in offshore, SinoShip News understands. The yard, which…
Read More » -
Greater China
Asian acquisition still a possibility for V.Ships: Giorgi
Singapore: The world’s largest shipmanager continues to hunt possible acquisitions in Asia. V.Ships has been looking at possible takeover candidates…
Read More » -
Asia
Singapore’s container landscape set for huge change
Singapore: PSA Singapore Terminals announced yesterday dramatic changes to its future operations, which will see the majority of berths shift…
Read More »