March 12th, 20190Cosco Shipping Heavy Industry's Dalian shipyard has terminated a newbuilding contract with Dalian Inteh Group for a 28,000 cu m LNG carrier due to payment...
March 11th, 20190Chinese company Zhejiang Satellite Petrochemical has officially signed shipbuilding contracts with South Korean yards Hyundai Heavy Industries and Samsung Heavy...
March 11th, 20190Hong Kong owner Pacific Basin has made its first acquisition of the year, snapping up a pair of ultramaxes from Tufton Oceanic. Brokers are reporting that Pacific...
March 11th, 20190Less than a month after putting them on the market, Taiwan’s Formosa Plastics has sold 2009 South Korean-built LR1 tankers FPMC P Fortune and FPMC P Eagle. Both...
March 11th, 20190Huarong Energy, formerly Rongsheng Heavy Industries, has announced that it has completed the sale of its shipbuilding assets. Last October, the company entered into...
March 8th, 20190Shanghai Waigaoqiao Shipbuilding, a flagship yard of China State Shipbuilding Corporation, officially launched a new offshore unit in Qidong, Jiangsu yesterday. The...
March 8th, 20192Taiwan Navigation is further expanding its kamsarmax fleet, placing orders at Japanese yard Namura Shipbuilding for the construction of two 80,000 dwt bulkers. Last...
March 7th, 20190South Korean shipping group Pan Ocean has placed an order at Chinese state-run yard CSSC Chengxi for two 85,000 dwt kamsarmax bulk carriers. According to shipbroking...
March 7th, 20191ITCO, the International Tank Container Organisation, has published its seventh annual tank container fleet survey. This year’s survey estimates that, at 1 January...
March 7th, 20190Chinese state-run shipping group Shandong Shipping has announced a plan to establish a new asset management company with Taiwanese owner Eddie Steamship. The new...
March 6th, 20190One month and one day on from the ship’s grounding, the insurer and the owner of the finally issued a release today, claiming “deep remorse” for the incident,...
March 6th, 20190Chinese ship financing, especially leasing, has increasingly become an important financing source for Greek shipowners, which are known for their great skills in asset...
March 5th, 20191Wisdom Marine, a Taiwanese owner, was forced to stump up cash to pay crew on its bulker, , after the ship was impounded in New Zealand. The ship was detained by...
March 5th, 20190Cosco Shipping Specialized Carriers, the multi-purpose shipping unit of China Cosco Shipping, has exercised options for the construction of four 62,000 dwt pulp carriers...
March 4th, 20190China’s Kunlun Holdings has added its second VLCC this year, tapping South Korean friend Sinokor for the 2002-built . A price of $24m has been reported by brokers for...
March 4th, 20190Chinese state-run feeder boxship operator Hunan Ocean Container Lines has placed an order at Hunan Jinhang Shipbuilding for the construction of two 635 teu...
March 1st, 20190Shanghai International Port Group (SIPG) has expanded its presence in the shipowning sector, having acquired 20% equity of Shanghai PanAsia Shipping, a subsidiary of...
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