Greater China
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Navig8 signs sale and leaseback deal for five chemical tankers with CSSC Shipping
Navig8 Chemical Tankers has entered into agreement with CSSC Shipping for the sale and leaseback of five chemical tankers. Under…
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China buys ‘scale-busting’ record volumes of American corn
Arrow Research has published “scale-busting” charts detailing Chinese purchases of American corn over the past week. Over the past week…
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Evergreen goes on 20 mega boxship order spree
Evergreen is on an ordering charge. Its order book – already the biggest among all liners – is set to…
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Jebsen Shipping orders up to 12 MPPs at Dajin Heavy
Chinese yard Dajin Heavy Industry, a subsidiary of Shanghai Bestway, has announced that it has entered into shipbuiding contracts with…
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HNA faces bankruptcy threat
HNA Group, one of the largest conglomerates in China, announced on Friday that some of its creditors have filed applications…
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U-Ming orders newcastlemax quartet at Qingdao Beihai Shipbuilding
Taiwanese owner U-Ming has entered into shipbuilding contracts with Qingdao Beihai Shipbuilding for the construction of up to four 210,000…
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Tongli Shipping inks kamsarmax sale and leaseback deal with CSSC Shipping
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has entered into a sale and leaseback deal with…
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China Merchants reviews chartering tactics as losses accumulate
China Merchants Energy Transportation (CMES) has reported an estimated total loss of RMB121.6m ($18.8m) across 14 bulkers it has chartered…
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Cosco sending 10 tankers to scrap
Cosco Shipping Energy Transportation has announced that the company plans to dispose of 10 elderly tankers as part of its…
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CU Lines orders Wenchong boxship pair
Fast-growing China United Lines (CU Lines) has placed orders at Guangzhou Wenchong Shipyard for two 1,930 teu vessels, according to…
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Sinopec and Pacific Green form offshore wind partnership
Sinopec Star, a unit of China’s state-run energy giant Sinopec, has entered into a framework agreement with Pacific Green Technologies…
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Cosco buys into Red Sea Gateway Terminal
China’s Cosco Shipping Ports (CSPL) has entered into an agreement with shareholders of Saudi Arabia’s Red Sea Gateway Terminal (RSGT)…
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Kanfer Shipping orders LNG bunker vessel pair at Taizhou Wuzhou Shipbuilding
Norway’s Kanfer Shipping has signed a letter of intent with Chinese yard Taizhou Wuzhou Shipbuilding Industry for the construction of…
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Wan Hai orders 12 boxships at JMU
Taiwanese shipping line Wan Hai Lines has announced a plan to order twelve 3,013 teu boxships at the newly founded…
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Cosmoship orders boxship quartet at Huangpu Wenchong
Greek owner Cosmoship has entered into shipbuilding contracts with CSSC-affiliated Huangpu Wenchong Shipbuilding for the construction of up to four…
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Coal carrier queue eases off northern China
Chinese buyers of Australian coal are finding new markets to sell their banned substances, helping ease the ship queues in…
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MingYang secures first European offshore wind contract
Chinese wind turbine manufacturer MingYang Smart Energy has been awarded a contract by Renexia to supply wind turbines for the first…
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Cosco to invest in three LNG carriers for Arctic LNG 2
Cosco Shipping Energy Transportation has announced that it has approved a plan to invest in three LNG carriers for the…
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Courage Investment expands into online crew training
Hong Kong-listed Courage Investment, formerly Courage Marine, has entered into a strategic agreement with Shandong Sooc Education Technology Stock Corp…
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Dalian port suffers dramatic 42% decline in box volumes
The Chinese Ministry of Transport released full year figures at the end of last week for the country’s 24 largest…
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