Greater China
-
Fuzhou port to add 45 berths
Guangzhou: The southern port of Fuzhou plans to invest RMB2.2b this year to develop 25 projects including 45 berths.…
Read More » -
Cosco bulker cleared to leave Singapore
Singapore: The Cosco (HK) Shipping-controlled bulker Fu Kang was released by the Singapore Supreme Court yesterday, having been detained for…
Read More » -
China Shipping Haisheng back in profit
Shanghai: Following Cosco, another state-owned shipping company, China Shipping Haisheng, announced that company expects to return to profit for the…
Read More » -
Zhongchang Marine provides guarantee to subsidiaries
Shanghai: The private Chinese bulk owner, Zhongchang Marine, announced that the company plans to newly add a RMB1bn financing…
Read More » -
Royal Caribbean to invest in Taiwan Penghu
Taipei: The second largest cruise company in the world, Royal Caribbean, plans to invest in Penghu Jinlongtou port in Taiwan…
Read More » -
Nanjing Tanker to borrow RMB9.2bn from banks
Shanghai: Nanjing Tanker, the loss-making subsidiary of Sinotrans & CSC Group, announced that the company plans to borrow RMB9.2bn from…
Read More » -
Wison awarded FRU contract
Shanghai: Wison Offshore & Marine announced that the company has been awarded an agreement with Vessel Gasification Solutions for the…
Read More » -
CSC Phoenix to start second round of voting for restructure
Shanghai: Following the failure of its first restructure plan, CSC Phoenix announced yesterday that it will start a second round…
Read More » -
CNOOC announces 2014 targets
Beijing: China’s largest offshore oil and gas producer, CNOOC, announced that the company plans to produce up to 435 million…
Read More » -
Petrofac heads to ZPMC for new offshore construction vessel
Shanghai: Shanghai Zhenhua Heavy Industries (ZPMC) has won a contract to build an offshore construction vessel for oil and gas…
Read More » -
Pacific Glory Shipping in charter dispute with Great Pacific Navigation
Shanghai: Shanghai-based shipping firm Pacific Glory Shipping has issued an announcement to explain a vessel charter dispute with Great Pacific…
Read More » -
CNOOC to supply LNG to Kinmen County
Taipei: The likely growth in a new series of mini-LNG carriers driven by China’s coastal LNG trades has received another…
Read More » -
Dalian Port gives up Jinzhou Port acquisition
Dalian: Dalian Port Limited, the listed platform of Dalian Port Group, announced that the board has decided to give up…
Read More » -
Another Cosco ship arrested in Singapore
Singapore: For the second time in just six weeks a ship belonging to Cosco has been arrested in Singapore. The…
Read More » -
New round of scrapping for Chinese shipping majors
Beijing: In response to the new ship scrapping policy issued by the Ministry of Transport at the end of 2013,…
Read More » -
COSCON to strengthen cooperation with Eimskip
Shanghai: COSCO Container Lines (COSCON) has signed a new agreement with Icelandic shipping company Eimskip to strengthen the cooperation between…
Read More » -
D’Amico exercises bulk pair at Yangfan
Shanghai: Italian shipowner D’Amico Societa di Navigazione has exercised its two bulkers options at Chinese shipbuilder Yangfan Group. The original…
Read More » -
Tianjin Shihua crude terminal expansion project suspended
Dalian: The Tianjin Shihua crude oil terminal expansion project has been suspended, according to a report released by the Ministry…
Read More » -
Steel cutting for China Shipping’s giant 19,000 teu ships
Ulsan: Steel cutting took place today for what will become the world’s largest containerships. The quintet of vessels ordered last…
Read More » -
Eight more CSC Phoenix vessels sold
Shanghai: CSC Phoenix announced today that eight of its vessels which were on auction under a request of its creditor…
Read More »