Greater China
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Chinese bulker player makes $10m on cape sale
A ship in Chinese bulker player Ningbo Zrich Shipping’s fleet is reported sold for $10m more than the purchase price…
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Taylor Maritime eyes more bulkers as rates stay strong
Taylor Maritime Investments is scouring for suitable tonnage with new fleet additions expected to be announced soon as it expects…
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Latest court ruling puts Nobu Su back in the spotlight
A court ruling in the UK has left Nobu Su open to be pursued by creditors again as well as…
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Qingdao develops skyrail to shift boxes
The Port of Qingdao in northeast China has unveiled the next chapter in its ongoing ambition to be among the…
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Shanghai Jin Jiang orders two 1,900 teu ships at Yangfan
Shanghai Jin Jiang Shipping has ordered two firm gearless 1,900 teu ships at Yangfan Group. The deal comes with options…
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Wan Hai in for more Japanese newbuilds
Wan Hai Lines of Taiwan is building a sizeable orderbook. The company announced yesterday it has placed an order in…
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CU Lines to make Brazil debut
China United Lines (CU Lines) is having a banner year of global expansion. Formerly best known as an intra-Chinese player,…
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Goldwin exits dry bulk
One of Hong Kong’s most speculative owners, Goldwin, has sold its last bulker, the eight-year-old, 64,000 dwt . The sale…
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Cadeler orders wind turbine installation vessels at Cosco Shipping Heavy
Oslo-listed Cadeler has signed a newbuilding contract with Cosco Shipping Heavy Industry for the construction of two new X-class wind…
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Seaspan takes orderbook to 45 with new boxship deal
Seaspan Corporation is adding to its orderbook with a deal for six 15,000 teu newbuild containerships. The scrubber-fitted vessels will…
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China to build 100m ton coal stockpile this year
China’s National Development and Reform Commission (NDRC) has announced that it plans to build up around 100m tons of deployable…
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Wisdom Marine orders kamsarmax trio at Tsuneishi
Taiwanese bulk shipping operator Wisdom Marine has placed an order at Tsuneishi Shipbuilding for three kamsarmax bulk carriers worth $102m.…
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Damning report emerges of the pilots onboard the Ever Given
Bickering Egyptian pilots have been blamed for this year’s most high profile shipping casualty. As preparations get underway to get…
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Seaspan seals charter extensions with Cosco for 17 vessels
Seaspan Corporation has forward fixed contracts to extend the current lease terms for 17 containerships with Cosco Shipping. The vessel…
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Cosco readies launch of container capacity futures
Container availability issues have plagued supply chain issues all year, but they could form a new financial tool. Cosco, China’s…
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Chinese and Greek owners top dry bulk buying binge
The secondhand bulk carrier market shows no signs of slowing down. Greek and Chinese owners are now battling for the…
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Yangzijiang bags $715m in newbuild orders
Chinese shipbuilder Yangzijiang Shipbuilding has sealed new shipbuilding contracts for fourteen vessels worth $715m, adding to its best year since…
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Seaspan contracts another two boxships to take orderbook to 39
Seaspan Corporation has sealed its sixth newbuild order since December, entering into agreements for two 12,000 teu containerships. The vessels…
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Vietnam and China blow past the UK in the offshore wind stakes
More than 200 GW of new offshore wind projects have been announced since the beginning of 2020 – accounting for…
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Sincere Navigation exits supramax sector
Taipei-listed tanker and bulker player Sincere Navigation has sold its last supramax. In March, it sold the 12-year-old supramax, Georgiana,…
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