Greater China
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First Steamship joins Baurmarine pool
Baumarine by MaruKlav, the panamax pool managed by Klaveness and Marubeni, has welcomed Taiwan’s First Steamship as its latest member.…
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Polar vortex drives gas and coal prices to new highs, freight rates leap
An extraordinarily cold winter across East Asia is sending prices for coal and LNG through the roof, and sparking sensational…
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All 22 crew rescued as bulk carrier sinks in the Philippine Sea
A Taiwanese fishing vessel rescued all 22 crew from a Panama-flagged bulk carrier which sank this morning in the Philippine…
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Ningbo Marine buys panamax bulker from Seacon
Chinese dry bulk operator Ningbo Marine has announced the acquisition of 2013-built 76,000 dwt panamax bulker . The vessel was…
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Meghna orders ultramax quartet at Yangzi-Mitsui Shipbuilding
Bangladesh’s Meghna Group has placed an order at Yangzi-Mitsui Shipbuilding, the joint venture between China’s Yangzijiang Shipbuilding and Japan’s Mitsui…
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Hubei Sanlian Logistics orders six chemical tankers
Hubei Sanlian Logistics has announced a plan to order a total of six 5,000 dwt chemical tankers. The total investment…
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Unipec tops dirty spot chartering league, Trafigura leaps seven places
Poten & Partners has tallied the numbers for dirty spot charters last year with a familiar name at the top…
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Tiger adds two more LNG tank container carriers at Yangzijiang
Tiger Clean Energy, a unit of Gerry Wang-led Tiger Gas, has declared options to order another two 25,000 dwt LNG tank…
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Unique Shipping exits cape segment
Private Hong Kong owner, Unique Shipping, is quitting the bulker segment, offloading its one cape, a ship that’s been with…
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Growing Mongolian coal exports alarm dry bulk owners
Dry bulk owners are watching customs stats out of Beijing closely to see where China is sourcing coal to replace…
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Ningbo Marine orders handy bulker trio at China Merchants Jinling
Chinese dry bulk operator Ningbo Marine has signed a shipbuilding contract with China Merchants Jinling Shipbuilding for the construction of…
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Taiwan further lowers tariffs for offshore wind
Taiwan’s Ministry of Economic Affairs has announced a 8.5% reduction of the feed-in tariff (FiT) for offshore wind projects signing…
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Odfjell Drilling and CIMC Raffles awarded semi-sub extension by Neptune Energy
Norway’s Odfjell Drilling and Chinese yard CIMC Raffles have been awarded an extension by Neptune Energy Norge for 2019-built semi-submersible…
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Continental Bitumen orders asphalt carrier pair at Wuhu Shipyard
China’s Wuhu Shipyard has secured an order from European company Continental Bitumen for the construction of two 21,500 dwt asphalt…
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Dalian Port to change name to Liaoning Port
Dalian Port has announced a decision to change its name to Liaoning Port Company as part of its restructuring process.…
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No signs of thawing in coal ties as China suffers freezing winter
Amid its coldest winter since 2013, China shows no sign of thawing its coal impasse with key supplier, Australia. Beijing’s…
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Chinese bulker player piles on more supramaxes
Shanghai Zhengdong Shipping is fattening its fleet, taking delivery of one supramax after another. Three ships have been acquired in…
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Yang Ming sets up in France
Taiwanese shipping line Yang Ming Marine Transport has set up a new subsidiary with integrated shipping and logistics provider NAXCO Group in…
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China Merchants increases stake in Ningbo Port
Shanghai-listed Ningbo Port has announced that China Merchants Group has become the second largest shareholder of the company after increasing…
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Evergreen in talks for mega boxship sale and leaseback deal
Taiwanese liner Evergreen is currently in negotiations with an unnamed third party for the sale and leaseback of two of…
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