Greater China
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Sinotrans to acquire assets from parent
Hong Kong: Hong Kong-listed Sinotrans Limited has entered into a framework acquisition agreement with parent company Sinotrans & CSC. Under…
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Shanghai signs with LA to develop shore power
Shanghai: Shanghai port has signed an EcoPartnership deal with the Port of Los Angeles as the world’s largest port looks…
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Nordic Hamburg exercises Huanghai option
Dalian: German owner Nordic Hamburg Shipping has exercised one option for a multipurpose vessel at Shandong Huanghai Shipbuilding. The 12,000…
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CMES announces Yamal LNG contracts
Shanghai: Following China Shipping Development’s announcement of ordering three LNG carriers for the Yamal LNG project, China Merchant Energy Shipping…
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Zhuhai Port supports subsidiary development
Guangzhou: Zhuhai Port Holdings has announced that its fully controlled subsidiary Zhuhai Port Logistics Development plans to apply for a…
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Cosco to consolidate US operations
Shanghai: Cosco is going to consolidate its US container shipping business, with Cosco Container Lines Americas (CCLA) announcing that it…
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Pan Ocean orders in China
Dalian: Private Chinese yard New Century Shipbuilding Group has signed a contract to build two 208,000 dwt bulkers with Korea’s…
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As Maersk and MSC join forces, CMA CGM looks for partners
Singapore: Asian container trades are set for a giant shake up with news out today that the world’s top two…
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Sino-Global Shipping America to acquire Longhe Ship Management
Hong Kong: Sino-Global Shipping America, a provider of shipping agency services, announced that it has signed a non-binding acquisition proposal…
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Zhonggu Shipping secures financing for newbuilds
Shanghai: Shanghai-based Zhonggu Shipping, a major domestic container shipping company, has signed an agreement with Shanghai Guojin Leasing on the…
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CSD finalises orders for Yamal LNG carriers
Shanghai: China Shipping Development announced that three single vessel joint ventures it established with MOL, Arctic Blue LNG Shipping, Arctic…
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Accident at Fujian Southeast Shipyard, one dead
Guangzhou: A worker at Fujian Southeast Shipyard was hit by a falling iron plate during work yesterday, and died on…
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Teekay acquires ownership interest in four LNG carriers
Shanghai: Teekay LNG Partners announced that it has acquired ownership interest from BG Group in four 174,000 cu m LNG…
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Great Harvest Maeta secures financing for vessel acquisition
Hong Kong: Hong Kong-listed Great Harvest Maeta Group announced that its wholly-owned subsidiary United Edge Holdings has entered into a…
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Shanghai Shipping Group to sell equity in Beihai Shipping
Shanghai: Shanghai Shipping Group, a wholly-owned subsidiary of China Shipping Group, has put the 20% equity it holds in Beihai…
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CITIC Resources files lawsuit against Qingdao port operator
Dalian: Hong Kong-listed CITIC Resources Group announced today that it has filed a claim in Qingdao Maritime Court against the…
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Nicaragua Canal route approved
Hong Kong: A Nicaraguan committee has approved a proposed route for a $40bn channel across the Central American country that…
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JES buys stake in African timber firm
Singapore: Singapore listed Chinese shipyard continues to diversify with news that is has snapped up 51% of the Congolese timber…
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CSBC in negotiations for six semi-submersible vessels
Taipei: Taiwan’s major shipbuilder CSBC Corporation is currently in negotiations with Norwegian owner FALCON Group for the construction of four…
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Oldendorff exercises two options at Jiangsu Hantong
Shanghai: German owner Oldendorff Carriers has exercised options for two 208,000dwt Newcastlemax bulkers at Jiangsu Hantong Shipbuilding & Heavy Industry.…
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