Greater China
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Evergas doubles order at Sinopacific
Shanghai: Evergas has returned to Sinopacific Offshore and Engineering. The Danish owner has doubled the size of its order at…
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Courage Marine disposes of bulker
Taipei: Courage Marine Group has announced that the company’s wholly-owned subsidiary Cape Ore has signed an agreement with Providence Shipping…
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Rongsheng announces second bond issue in a week
Shanghai: Rongsheng Heavy Industries announced that it has entered into a subscription agreement with Vogel Holding Group for the issue…
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Cosco, China Shipping and Sinotrans collaborate on Japan routes
Shanghai: COSCO-controlled Shanghai Pan Asia Shipping, China Shipping-controlled Shanghai Puhai Shipping and Sinotrans Container Lines have jointly signed an agreement…
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CSIC to issue RMB6.8bn medium term notes
Beijing: China Shipbuilding Industry Corporation (CSIC) has announced that it will issue RMB6.8bn worth of medium term note on May…
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SWS bags six jack-up rigs from Blue Ocean
Shanghai: Shanghai Waigaoqiao Shipbuilding, an affiliated shipyard of China State Shipbuilding Corporation, has received orders from Blue Ocean Drilling for…
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Xiamen Port gives up on major restructuring deal
Guangzhou: Xiamen Port Holding Group announced that the company has decided to give up on a major restructuring deal. Xiamen…
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SIPG pumps RMB6.06bn into container terminal subsidiary
Shanghai: Shanghai International Port Group (SIPG) announced that it plans to replenish RMB6.06bn into its fully-controlled subsidiary Shanghai Guandong International…
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Titan settles with Fredriksen and K Line
Hong Kong: Japan’s K Line and three John Fredriksen vehicles have all accepted to waive large debts owed by struggling…
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Hantong bags six bulkers from Norwegian owner
Shanghai: Jiangsu Hantong Ship Heavy Industry announced that it has signed shipbuilding contracts Norwegian owner Lighthouse Shipholding of Eigersund for…
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Vice president of Nanjing Tanker resigns
Shanghai: The delisted subsidiary of Sinotrans & CSC, Nanjing Tanker, has announced that Ding Wenjin, vice president of the company…
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Baosteel and Aurizon to jointly bid for Australian iron ore asset
Shanghai: China’s state-owned Baosteel Group and Aurizon Holdings, Australia’s largest haulage company, has joined together on bidding for iron ore…
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11 missing following another HK ship collision
Hong Kong: Another ship collision in the busy waters of Hong Kong looks to have claimed lives. The containership MOL…
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Hosco exiting tanker trades
Hong Kong: The focus now for Hebei Ocean Shipping Co (Hosco) is purely on dry bulk as one of China’s…
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Koo outlines HKSOA priorities
Hong Kong: Kingsley Koo, the chairman of the Hong Kong Shipowners Association (HKSOA) and a director at local family run…
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Another bond issuance for Rongsheng
Hong Kong: Struggling China Rongsheng Heavy Industries Group has issued the third tranche of HK$1bn convertible bonds this year. …
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Valles Steamship: Steady times
Hong Kong: Late last year Kingsley Koo, a director at the venerable 104-year-old shipping firm Valles Steamship, became chairman of…
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Fuzhou gets approval to become bonded port
Shanghai: The State Council has approved the establishment of a bonded port in Fuzhou city in Fujian province. The Fuzhou…
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Tianjin Marine to order four LNG carriers at DSIC
Dalian: Tianjin Marine announced today that it has inked a letter of intention with Dalian Shipbuilding Industry (DSIC) for the…
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Waigaoqiao bags orders for two jack-ups
Shanghai: Shanghai Waigaoqiao Shipbuilding has signed a newbuilding contract with Shandong Offshore Engineering Equipment, a company jointly invested in by…
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