Greater China
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Chinese steel stockpiles hit new highs
Whatever the cargo, China’s ports are getting clogged up thanks to the coronavirus. Splash reported today on the huge number…
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Valles orders aframax at Daehan
Having been pruning its fleet of elderly tonnage of late, Hong Kong’s Valles Steamship has decided to make a rare…
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Coronavirus wipes away 1.7m teu of liner business
The coronavirus is set to wipe a “chilling” 1.7m teu of container business, according to new research from Copenhagen-based Sea-Intelligence.…
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China Merchants Port issues $99.5m worth of bonds for coronavirus control
China Merchants Port Holdings has announced that the company will issue RMB700m ($99.5m) worth of short-term bonds with a maturity…
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Cosco heavylift ship suspected of carrying nuclear arms detained in India
Cosco-operated heavy lift ship Da Cui Yun has been detained at India’s Kandla Port since February 3, for allegedly carrying components…
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Coronavirus supply chain headaches spread as more than one in two Asia – North Europe sailings are cancelled
More than one in two carrier departures from Asia to North Europe are being cancelled in the wake of the…
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Supply, not demand key to container sector’s ability to fight coronavirus
In the second part of his analysis, Dr Adam Kent, managing director, MSI examines the risks to the container market…
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Shipping should shrug off coronavirus but escalation risks supply chain contagion
In the first of a two-part analysis on the impact of the coronavirus, Dr Adam Kent, managing director, MSI looks…
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Shanghai Bestway enters debt restructuring
Financially troubled ship design and shipbuilding company Shanghai Bestway Marine & Energy Technology has announced that a court in Shanghai…
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SITC adds feeder boxship order at Yangzijiang
Chinese boxship operator SITC, controlled by the Yang family, has entered into shipbuilding contracts with Yangzijiang Shipbuilding for the construction…
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Citing coronavirus, ONE and CMA CGM institute reefer congestion surcharges
Citing growing supply chain issues caused by the coronavirus in China, Japanese liner Ocean Network Express (ONE) is instituting a…
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Yang Ming president retires
Yang Ming Marine Transport has announced that its president, Vincent Lin, has retired. Lin is a shipping veteran, having served…
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Chinese yards admit huge slice of global orderbook will suffer coronavirus delays
The orderbook for world shipping will likely be shunted backwards in the wake of the coronavirus while more than 200…
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Tianjin Port official arrested for corruption
Tianjin Port has announced that an accounting official of its wholly owned subsidiary Tianjin Port Coke Terminal has been arrested…
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Crew movement caught up in coronavirus
One of the less reported side effects hitting global supply chains in the wake of the coronavirus emanating from China…
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Detained Yang Ming boxship released by Australian authorities
Taiwanese shipping line Yang Ming Marine Transport has announced that its 4,250 teu containership YM Eternity has been released by…
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CSC Phoenix acquires supramax bulker
Chinese dry bulk operator CSC Phoenix has announced the acquisition of 2003-built 52,400 dwt supramax bulker . The Tsuneishi Cebu-built…
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Odfjell offloads chemical tanker to Taihua for $5m
Norway’s Odfjell Tankers has sold 2000-built small chemical tanker to Hong Kong-based Chinese owner Taihua Ship Management, according to brokers.…
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Coronavirus costing liners up to $350m in lost revenues every week
As China partially returned to work today, data from Copenhagen-based Sea-Intelligence suggests the coronavirus has been costing liners up to…
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China struggles to get back to work
Beijing decided over the weekend against officially extending the Lunar New Year holidays for another week. However, today was marked…
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