Greater China
-
Evergreen raising $300m for fleet growth
Taiwanese liner shipping major Evergreen Marine has announced a plan to issue $300m worth of overseas bonds. It will be…
Read More » -
China Merchants cosies up to Thessaloniki port
Chinese state-owned maritime conglomerates are exerting ever greater influence over the Greek ports scene. With Cosco controlling Piraeus, Greece’s largest…
Read More » -
Agricore buys its first post-panamax
Hong Kong and Qingdao-based Agricore shipping is showing its financial muscle, sealing its second purchase in a very short time. …
Read More » -
Fujian Shipping Company sets up shipmanagement unit
Chinese state-run Fujian Shipping Company (Fusco) has announced the establishment of dedicated shipmanagement unit Zhongping Shipmanagement. Fusco said the setup…
Read More » -
Franbo Lines grows fleet with Fairwind MPP charter
Taiwanese bulk shipping operator Franbo Lines has announced that the company has chartered in the 2015-built multipurpose vessel . The…
Read More » -
Chinese-backed study sees American shipping hubs fade
The Baltic Exchange, in collaboration with Xinhua, the Chinese state news agency, has published the 2020 Xinhua-Baltic International Shipping Centre…
Read More » -
Jinhui adds to supramax fleet with Alloceans deal
Chinese dry bulk owner Jinhui Shipping and Transportation has added to its fleet with the acquisition of 2001-built supramax bulker…
Read More » -
China Merchants appoints new chairman
Chinese state-owned multi-sector conglomerate China Merchants Group has announced that it has appointed Miao Jianmin as its new chairman, replacing…
Read More » -
Zhejiang Satellite Petrochemical in negotiations for more VLECs at Korean yards
Zhejiang Satellite Petrochemical is currently in talks with South Korean yards for the construction of more VLECs in order to…
Read More » -
Reading into the Cosco, Alibaba tie-up
News carried on this site on Tuesday that Chinese state-run shipping giant Cosco Shipping has entered into an agreement with…
Read More » -
CSSC Shipping orders product tanker pair for Louis Dreyfus charter
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has placed an order at Chengxi Shipyard for the…
Read More » -
SinoOcean and ICBC Leasing partner up to manage idle offshore assets
SinoOcean, an idle offshore assets management platform set up by major Chinese offshore builders, has entered into an agreement with…
Read More » -
Hong Kong tanker banned from UAE waters for illegal bunkering
UAE’s Federal Transport Authority has announced that it has banned a Hong Kong-flagged oil tanker from entering the country’s ports…
Read More » -
Dalian Port to absorb Yingkou Port
Dalian Port Group has announced a merger plan to take over Yingkou Port through a share swap deal. Under the…
Read More » -
Agricore doubles down on capes
Chinese owners are among the most active bidders in the capesize segment with several new, low key players adding their…
Read More » -
Windfarm installation vessel suffers water ingress incident off Jiangsu
The 2019-built windfarm installation vessel has suffered a water ingress incident off Jiangsu and the operations of the ship have…
Read More » -
Ningbo Marine secures approval for tanker operations
Chinese dry bulk carrier operator Ningbo Marine has secured a certification from China Maritime Safety Maritime allowing the company to…
Read More » -
Ludwig Mowinckels orders up to four suezmaxes at New Times
Norwegian owner Ludwig Mowinckels has placed an order at China’s New Times Shipbuilding for the construction of up to four…
Read More » -
Zhejiang Shipbuilding assets sold in auction
The entire assets of bankrupt Zhejiang Shipbuilding have been sold in one package deal through an online auction arranged by…
Read More » -
Cosco and Alibaba join forces in bid to transform shipping
Chinese state-run shipping giant Cosco Shipping has entered into an agreement with e-commence conglomerate Alibaba and its fintech affiliate Ant…
Read More »